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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

3506 State St Chicago, IL 60609

Property ID
Property summary
AI-generated overview

This exceptional 45-square-foot retail space is ideally situated in Chicago's vibrant Bronzeville neighborhood, at 3506 S State St, zip code 60609, Cook County, Illinois. The property is a single-tenant retail space offering a fantastic opportunity for a small business looking for high visibility and foot traffic. Its location benefits from proximity to the Illinois Institute of Technology (IIT) University campus, guaranteeing a steady stream of potential customers. Furthermore, its strategic placement near Guaranteed Rate Field (White Sox Park), Metra and Red Line transit stops, and a high school ensures consistent exposure to a diverse demographic. This makes it an excellent choice for businesses seeking a location with high pedestrian traffic and convenient access to public transportation. The property is classified as retail, with a single tenancy arrangement. The address is verified, and the precise coordinates are 41.83101567222828 latitude and -87.62762134812618 longitude. This presents a unique opportunity to establish a presence in a thriving and accessible area of Chicago. The property is located within the Bronzeville submarket.

Property profile
Verified
Property type Retail properties & Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Paradise Enterprise Shopping Center & Mall
  • Bronzeville Orthodontics Dental Office
  • Starbucks Cafe & Coffee Shop
  • Jimmy John's Take-out & Catering Catering Service
  • Dr. Yvette Battle Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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