For Lease
$5.33/SF/YR

3850 Wallace StChicago, IL 60609

Prime Chicago retail space, 6,750 sq ft.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional 6,750-square-foot commercial property, located at 3850 S Wallace St in Chicago's Bridgeport/Canaryville neighborhood (zip code 60609, Cook County, Illinois), presents a unique investment opportunity. Currently vacant, the property offers significant flexibility for a variety of uses. Previously occupied as a restaurant, the building's existing structure could be easily adapted to suit a new tenant's needs. The property is zoned for commercial use and could also be re-purposed for residential development, subject to necessary approvals. The site boasts convenient street access from both Wallace and Pershing Streets, providing excellent visibility and accessibility for customers and employees. The substantial 6,750 square feet of vacant space allows for ample room for expansion or customization. This single-tenant property is ideal for businesses seeking a prominent location in a vibrant Chicago neighborhood. The long-term tenancy potential makes this a stable and attractive investment. This is a rare opportunity to acquire a sizable commercial property in a rapidly developing area of Chicago. Serious inquiries are encouraged.

Highlights

  • 6,750 SF redevelopment site with existing restaurant building.
  • Dual street access via Wallace and Pershing Streets.
  • Suitable for parking, commercial, or residential redevelopment.
  • Excellent location near Guaranteed Rate Field and I-90/94.

Property Details for 3850 Wallace St

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
6,750 SF

Unit(s) available at that property

Space
Available Space
Size
6,750 SF
Rate per SF
$5.33

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.8237825
Longitude
-87.6414092
3850 Wallace St, Chicago, Illinois

Nearby Similar for Lease

  • For Lease
    $24/SF/YR

    Cicero & Elston Retail Space

    High-visibility Chicago retail space.

    5050 Cicero Ave
    Chicago, IL
    View Details
  • For Lease
    $40/SF/YR

    River North Retail Space For Lease

    Prime Chicago location, 755 sq ft available.

    312 Chestnut St
    Chicago, IL
    View Details
  • For Lease
    $22/SF/YR

    Galewood Plaza II Retail Spaces

    Chicago Retail Space: Prime Location, Multiple Units

    6516-6532 North Ave
    Chicago, IL
    View Details
  • For Lease Call for price

    Lincoln Ave Retail Spaces

    Chicago Retail, Restaurant Space Available

    2470 Lincoln Ave
    Chicago, IL
    View Details
  • For Lease Call for price

    West Loop Retail Space Available

    Prime West Loop location, new construction, high visibility.

    1300 Randolph St
    Chicago, IL
    View Details
  • For Lease Call for price

    Chicago Retail Space - Northwest Hwy

    Prime Restaurant Space, 4,250 SF, Cook County

    6728-6730 Northwest Hwy
    Chicago, IL
    View Details

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].

Contacts

JOSH MELLENCAMP
STEVE HORVATH

Learn more

Useful Information

Request information

3850 Wallace St, Chicago, Illinois, 60609

Message sent successfully
Error
If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.

3850 Wallace St, Chicago, Illinois, 60609

Message sent successfully
Error

Email this Information

Link copied to clipboard
Message sent successfully
Error

Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

3850 Wallace St
  • JOSH MELLENCAMP
  • STEVE HORVATH
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message

Sign Up

Already
a member?
By creating an account, you agree to
the Terms of service and acknowledge Privacy policy.

Just one more step, let’s verify your email

We have sent a verification link to

Please check your inbox to complete the process. Just click on the link in that email to complete your Sign up. If you don’t see it, you may need to check your spam folder.

Email verification link expired

It seems that the verification link has expired. No worries! We can send you a new link to

Log In

Don't have
an account?
Forgot password?

Reset your password

New to
Paperhouses?

Enter the email address associated with your account and we'll send you a link to reset your password.

Reset your password
Enter the email address associated with your account and we'll send you a link to reset your password.
New to Paperhouses?

Check your email

We've resent password reset instructions to if it is an email on file.

Please check again. If you still haven't received an email, try a different email.

Check your email

Thanks! If matches an email we have on file, then we've sent you an email containing further instructions for resetting your password. If you haven't received an email in 5 minutes, check your spam, resend, or try a different email.