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Property profile & analytics

636 Racine Ave Ste C1 Chicago, IL 60642-8599

  • Office Properties & Spaces
  • 0.12 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-5465680
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • 6 36 Condominium Association / Association Or Organization
  • The Elevator Consultants / General Contractor / Construction Company
  • ECBG Cake Studio / Bakery / Specialty Food Shop
  • Chicago Digital Arts and Photography, Inc. / Photography Service / (Bike/Boat/Book/etc) Store

Property Details for 636 Racine Ave Ste C1

Year built
1888
Lot size
0.12 lot acres
Property type
Office Properties & Spaces
APN
17-08-120-047-1001
APU
17081200471001

Description

This exceptional 2,350 square foot commercial condo presents a unique investment opportunity in Chicago's vibrant West Loop/Noble Square neighborhood. Located at 636 N Racine Avenue, this ground-floor space boasts tremendous visibility and exposure from its prime corner location. Currently configured as a versatile commercial space, it features a reception area, office, large open area, bathroom, and kitchen on the main level. The kitchen is equipped with shaker cabinets, granite countertops, and full-size appliances including a refrigerator, microwave, and dishwasher. A lower level adds further functionality with a large conference room, three additional offices, two bathrooms, and a utility room. The property is zoned B3-3, allowing for a variety of uses, including office or multiple retail businesses. Its location offers easy access to numerous amenities, including restaurants, shops, and public transportation, as well as convenient access to the Kennedy Expressway. With eight residential units above, this property benefits from a thriving surrounding community. The asking price for this remarkable commercial condo is $475,000. This is a rare chance to acquire a well-appointed, versatile space in a highly desirable and rapidly developing area of Chicago. Don't miss this opportunity to own a piece of the West Loop's success.


Value Estimations

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  • CAP approach

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  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6578
Latitude
41.8933
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$11,147
$8,239
$45,956
$54,195
-
$32,956
$183,824
$216,780
More about this property
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