7100 South Shore Dr, Chicago, IL 60649
This exceptional 5,055-square-foot commercial space at 7100 S. South Shore Drive in Chicago's South Shore neighborhood presents a unique leasing opportunity. Located on the ground floor of a single-building property, this retail and office space is ideally suited for a variety of uses. Previously configured as a coworking space, the property's RM-6 zoning allows for flexibility in tenant occupancy. The space features individual gas-forced heat and central air conditioning, ensuring year-round comfort. Potential tenants will find this location convenient and accessible, situated in the South Shore submarket cluster of Cook County. The monthly rent is $5,500, with the tenant responsible for electricity and gas utilities. This makes it an attractive option for businesses seeking a well-maintained, adaptable space in a vibrant community. The property's single-tenant occupancy provides a private and controlled environment. Its previous use as a coworking space suggests a layout conducive to collaborative work or multiple smaller office spaces, though adaptable to a variety of uses, including daycare, before and after school programs, community organizations, or non-profit entities. The property's location near the cross street of 71st provides excellent visibility and accessibility. This is a remarkable opportunity to secure a well-positioned commercial space in a thriving Chicago neighborhood.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.