Property profile

3629 Halsted St Chicago, IL 60613

OFF-MARKET
Retail properties & Spaces
3,600 SF
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Property summary

AI-generated overview

This exceptional retail investment opportunity presents two combined storefront condos totaling 3,600 square feet, located directly across from a Whole Foods in Chicago's vibrant Lakeview neighborhood. The property boasts 100 feet of frontage on North Halsted Street, between Addison and Waveland, offering unparalleled visibility and accessibility. Two deeded parking spaces with interior access are included, a significant advantage in this high-demand area. The units, previously occupied by a med-spa and stationary store, feature soaring ceilings and ample plumbing, allowing for a turnkey operation or easy customization to suit various business needs. The location is exceptionally convenient, situated two blocks from the Addison Red Line CTA station and the heart of North Halsted's bustling commercial district. This prime location benefits from a Walk Score of 97, Bike Score of 90, and Transit Score of 79, reflecting its exceptional walkability, bikeability, and public transportation access. The surrounding area demonstrates strong demographics, with a 2023 population projection of 86,031 within one mile, an average household income of $114,506, and a total annual consumer spending exceeding $1.495 billion. The property is zoned C1-2 and is offered at $915,000, representing a price per square foot of $254.17. The property is sold as one tax parcel (APN: 14-21-107-024-0000). This is a rare opportunity to acquire a high-performing retail space in a coveted Chicago location.

Property profile

Verified
Property type Retail properties & Spaces
Total area 3,600 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store
  • Corporate Office

Location

3629 Halsted St Chicago, IL 60613
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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