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Property profile & analytics
OFF-MARKET
Commercial real estate

3633 State St Chicago, IL 60609

2,885 SF Built 2013
Property ID
US28-2189557
Property summary
AI-generated overview

This exceptional 2,885-square-foot commercial space presents a unique opportunity in Chicago's thriving Bronzeville neighborhood. Located at 3633 S State Street, this ground-floor property, built in 2013, offers a single, contiguous suite ideal for a variety of uses, including retail, office, or medical. Previously occupied as a single-tenant office, the space is ready for immediate occupancy. Its C1-3 commercial zoning allows for flexibility in tenant operations. The property benefits from its strategic location near the Illinois Institute of Technology (IIT) and the bustling 35th Street corridor, ensuring high visibility and accessibility. Significant recent developments in the immediate area further enhance its appeal. Convenient access to public transportation is another key advantage. This location is also designated as a Qualified Opportunity Zone and within the Bronzeville Tax Increment Financing (TIF) district, offering potential economic incentives. The property's proximity to IIT and the ongoing revitalization of Bronzeville makes it an attractive investment in one of Chicago's fastest-growing neighborhoods. This is a rare chance to establish a presence in a dynamic and up-and-coming area. The entire 2,885 square feet is available.

Property profile
Verified
Property type Commercial real estate
Year built 2013
Total area 2,885 SF
UPID US28-2189557
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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