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706 Diversey Pkwy Chicago, IL 60657

OFF-MARKET Retail properties & Spaces Google Maps
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 3,425-square-foot retail space in Chicago's vibrant Lakeview neighborhood will be available for lease commencing March 1, 2025. Currently occupied by a long-term tenant, this single-tenant property enjoys a highly visible location at a bustling intersection. Its strategic placement directly across from a Trader Joe's and a Barnes & Noble ensures significant foot traffic and prominent exposure. The surrounding area is bustling with popular shops, cafes, bars, and restaurants, providing access to Lakeview's diverse customer base. This makes it an ideal location for businesses seeking to establish or expand their presence in Chicago's dynamic urban landscape. The space is designed to support thriving businesses. The lease is a NNN lease; the lease rate per square foot does not include utilities, property expenses, or building services. Please note: Do not disturb the current tenant. This is a fantastic opportunity to secure a prime retail space in one of Chicago's most desirable neighborhoods.

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

Current use

Occupant on record · Public records
  • Furniture & Home Goods

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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