Property profile

5359 Broadway St Chicago, IL 60640

OFF-MARKET
Retail properties & Spaces
2,525 SF
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Property summary

AI-generated overview

This exceptional commercial property, located at 5359 N. Broadway St in Chicago's vibrant Edgewater neighborhood, offers two distinct spaces for lease. The property totals 2,525 square feet and is currently fully vacant, presenting a unique opportunity for immediate occupancy. One space, Suite 5359, is a fully equipped, 2nd generation restaurant space boasting a complete, ready-to-use kitchen. This turnkey solution is perfect for an established restaurant operator looking to capitalize on the thriving Edgewater culinary scene. The second space, Suite E, is an office space ideally situated along Balmoral Avenue, providing excellent visibility and accessibility. This space offers flexibility for a variety of retail or office uses. Both spaces are available immediately. The minimum leasable space is 725 square feet, while the maximum contiguous space available is 1,800 square feet. The property is located at the highly visible intersection of Balmoral Avenue and Broadway Street in Cook County. Serious inquiries are encouraged. This is a rare opportunity to secure prime retail space in a desirable and rapidly developing neighborhood.

Property profile

Verified
Property type Retail properties & Spaces
Total area 2,525 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
  • Restaurant

Location

5359 Broadway St Chicago, IL 60640
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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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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