Property profile

3720 Broadway St Chicago, IL 60613

OFF-MARKET
Retail properties & Spaces
19,018 SF
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Property summary

AI-generated overview

This exceptional 1,050 square foot office space is situated in Chicago's desirable East Lakeview neighborhood, at the intersection of Halsted, Broadway, and Waveland. The property, part of the larger Lake Shore Shopping Center, offers a rare advantage: on-site parking. This is a significant benefit in a location known for its high demand and limited parking options. The space is part of a larger building totaling 19,018 square feet, divided into 11 suites, offering a blend of traditional and creative office environments. Its prime location places it directly across from a Whole Foods Market, ensuring high foot traffic and convenient access to amenities. The building boasts a strong tenant roster, including prominent businesses such as Jewel-Osco, FFC, and Walgreens, creating a vibrant and established commercial environment. This presents a unique opportunity for businesses seeking a well-located, easily accessible office space with convenient parking in a thriving Chicago neighborhood. The property is classified as both retail and office, and the available space is ideal for a variety of uses. The building's multiple suites provide a diverse tenant mix, contributing to a dynamic and active atmosphere. This is a rare opportunity to secure office space in a highly sought-after location.

Property profile

Verified
Property type Retail properties & Spaces
Total area 19,018 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

3720 Broadway 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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