Property summary
This exceptional 3,000 square foot retail space, located at the highly visible corner of 31st and Halsted Streets in Cook County, presents a unique investment opportunity. Built in 2004 and extensively renovated in 2022, the property boasts a fully equipped kitchen and back office, perfectly suited for a variety of restaurant or retail concepts. Currently occupied by a Dunkin' Donuts, the tenant is vacating in July 2022 upon completion of their new drive-thru location nearby. The existing lease agreement extends through March 2025, with options for lease extension available through negotiations with the building ownership. The property's single-tenant occupancy simplifies management, while its prime location ensures high visibility and foot traffic. The 3,000 square feet of vacant space offers immediate occupancy for a new business, eliminating the need for extensive build-out. This is an exceptional opportunity to acquire a turn-key retail or restaurant space in a thriving commercial area. The property's recent renovation ensures modern amenities and a move-in ready condition. The high traffic location and existing lease provide immediate income potential and long-term stability. Don't miss this chance to secure a prime retail space in a desirable Cook County location.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning