3633 State St Chicago, IL 60609
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.