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    Property profile & analytics
    FOR LEASE
    Commercial real estate

    4753 N Broadway St, Chicago, IL 60640

    Property ID
    US28-2661511
    Property summary
    AI-generated overview

    This exceptional 2,054-square-foot retail space is ideally situated on the first floor of the historic Sheridan Trust and Savings Bank Building at the highly visible corner of Broadway and Lawrence Avenues in Chicago's Uptown neighborhood. This former Starbucks location offers a "vanilla box" layout, complete with existing plumbing and electrical systems from its previous use as a coffee shop, and modern, renovated restrooms. The property benefits from its location within a vibrant entertainment district, proximate to iconic venues such as The Riviera, Uptown Theatre, Aragon Ballroom, and the Green Mill Jazz Club. The building itself underwent recent renovations, adding 176 residential units, 23,000 square feet of co-working space, and traditional office spaces, significantly increasing foot traffic and creating a dynamic mixed-use environment. The high-traffic intersection sees approximately 29,100 vehicles daily (14,100 on Broadway and 15,000 on Lawrence). Further enhancing accessibility, the Lawrence Avenue Red Line CTA station is directly in front of the building, currently undergoing modernization with anticipated completion in 2025. Prior to the modernization, this station served over 3,000 daily riders. This property presents a unique opportunity for a cafe or similar retail business to thrive in a bustling and historic Chicago location. The B3-5 zoning allows for a variety of retail uses. The single-tenant occupancy ensures exclusive use of the space.

    Property profile
    Verified
    Property type Commercial real estate
    UPID US28-2661511
    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
    Current use
    Occupant on record · Public records
    • Goodman Karlene MD Physician
    • Shivkumar Pandian Physician
    • Balancing Point Center For Wellness Alternative Medicine Practice
    • Uptown Psych of Illinois Medical Clinic
    • Law Office of Mary K. Neal Law Firm
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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