1431 Hubbard St Chicago, IL 60642
- Retail space
- 32,100 SF
- 0.21 lot acres
Current Use by Public Records
- Oak Street Bootmakers / Shoe Factory / Shoe Store
- OceanComm, Inc. / Telecommunications Equipment Supplier
- CTC Destination Management / Event Planner
- Stefani Avila Hair / Hair Salon
- Molly Mack Hair / Hair Salon
Property Details for 1431 Hubbard St
- Year built
- 1965
- Lot size
- 0.21 lot acres
- Property size
- 32,100 SF
- Property type
- Retail space
- Property subtype
- Storefront properties
- APN
- 17-08-136-006
- APU
- 1708136006
Description
This exceptional West Loop Chicago property at 1431 W Hubbard St offers three available executive office suites, ideal for businesses seeking a prime location. The building totals 7,370 square feet across two stories, with a minimum divisible space of 1,840 square feet and a maximum contiguous space of 3,120 square feet. Currently, the entire 7,370 square feet is vacant, presenting a unique opportunity for a single tenant or multiple occupants. The space features attractive polished concrete floors, open layouts conducive to modern office designs, and convenient kitchenettes within each suite. The building is zoned PMD 4 (Planned Manufacturing District) in Cook County, Illinois, and boasts a 12-foot ceiling height throughout. For added convenience, secure reserved parking is available on-site. The property's ground-level location provides excellent street exposure, enhancing visibility and accessibility. A rear loading dock facilitates efficient loading and unloading operations, making it suitable for businesses with logistical needs. This versatile space is perfect for a variety of businesses, from executive offices to catering operations, and is ready for immediate occupancy. The address is 1431 W Hubbard St, Chicago, IL 60642.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $755,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $595,000
- 6.5%
- $555,000
- 7%
- $595,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $550,000
- Geo Method
- $585,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $475,000
- Retail
- $635,000
- Mixed-Use
- $540,000
- Hospitality
- $625,000
- Educational
- $495,000
- Residential Income
- $635,000
- Energy
- $490,000
- Income-Based Land
- $555,000
- Food Service
- $545,000
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6636
- Latitude
- 41.8897
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
