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Property profile & analytics
OFF-MARKET Estimated value $1,770,000
Retail space

5300 Malabar St Huntington Park, CA 90255-2524

5,514 SF 0.3 ac lot Built 1986
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-8662204
Property summary
AI-generated overview

This exceptional 2,500 square foot office suite, located within the prestigious 770 N LaSalle - The LaSalle Center in Chicago's River North submarket, is now available for lease. Situated in a multi-tenant building totaling 34,489 square feet, this space offers a versatile layout ideal for a variety of businesses. The suite boasts private offices, a dedicated conference room perfect for client meetings or internal collaborations, an open work area promoting team interaction, ample storage space, a convenient breakroom, and a private restroom. Enjoy stunning views of LaSalle Street from this well-appointed suite. The building is zoned B7-5 and located in Cook County. This traditional office space also lends itself to executive or creative office uses, offering a blend of functionality and style. The suite's features cater to both individual needs and collaborative work environments, making it an attractive option for companies seeking a high-quality, well-located office space in a vibrant and dynamic neighborhood. Immediate occupancy is available. Inquire today to schedule a viewing and experience the exceptional value and location this River North office suite provides.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1986
Construction TILT-UP CONCRETE
Total area 5,514 SF
Lot 0.3 ac (13,001 SF)
Zoning code HPM2*
APN 6309-011-031
UPID US09-8662204
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
AI Approach AI
$1.77M
CAP Approach CAP
$1.88M
Comparable Approach Comparable
$1.80M
Blend (final) Blend
$1.77M
Owner & transaction history
Saffron International LLC · 4 yrs held
Saffron International LLC
since 2022
Last sale
$1.7M
6 recorded transactions
2023
Price N/A
2022
$1.7M
2020
Price N/A
2019
$890,000
2010
Price N/A
1997
Price N/A
Zoning & alternative use
HPM2* · Huntington Park, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $2.6M +101.7%
Medical building $2.5M +98.2%
Warehouse, storage $1.6M +28.1%
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