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Property profile & analytics

3245 Halsted St Chicago, IL 60657

  • Retail space
  • 2,700 SF
  • 0.20 lot acres
Value Estimations
$480,000
Cap Rate Potential
Location Intelligence
Property ID
US28-1584293
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

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Property Details for 3245 Halsted St

Year built
1959
Lot size
0.20 lot acres
Property size
2,700 SF
Property type
Retail space
APN
14-21-311-005
APU
1421311005

Description

This exceptional 4,250-square-foot executive office space is available for lease at 3245 N Halsted Street in Chicago's vibrant Lincoln Park neighborhood. Located in Cook County, Illinois, this single-tenant property offers a unique opportunity for businesses seeking a prominent location. The building, constructed in 1959, is classified as a Class B property and boasts a total of 4,250 square feet, all of which is currently vacant and ready for immediate occupancy. The entire space is available for lease, providing a blank canvas for a company to design and customize their ideal workspace. The property's address is 3245 N Halsted St, Chicago, IL 60657. Its convenient location offers easy access to various amenities and transportation options within the bustling Lincoln Park community. This is an excellent opportunity for a business seeking a well-located, sizable, and adaptable office space in a desirable Chicago neighborhood. The property type is office, specifically an executive office suite, making it suitable for businesses requiring a professional and sophisticated image. The entire 4,250 square feet is available, presenting a rare chance to secure a substantial and contiguous office space. This presents a significant advantage for companies needing ample room for expansion or those seeking a single, unified workspace. The property's location in Cook County, Illinois, offers access to a robust business infrastructure and a diverse workforce. The building's age and classification provide a solid foundation for a business looking for a well-established and functional office environment.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $365,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $625,000
    6.5%
    $575,000
    7%
    $535,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $485,000
    Market price range: $87.2k - $485k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.649
Latitude
41.9413
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$66,407
$127,500
$172,348
$299,848
-
$510,000
$689,392
$1,199,392
More about this property
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