12735 Halsted StChicago, IL 60628

Property Details for 12735 Halsted St

Year built

1955

Lot size

0.27 AC

Property size (Sq ft)

1,200 SF

Property type

Retail space

APN

25-33-100-007

APU

2533100007

Description

This 3,150 square foot freestanding retail building is situated on a prominent corner lot at the northeast intersection of Halsted Street and Vermont Avenue in Chicago, Illinois. Built in 1955, this single-story structure sits on an approximately 11,552 square foot lot and offers excellent visibility due to its hard corner location on a signalized intersection. The property boasts ample parking and significant signage opportunities, capitalizing on the high traffic counts along Halsted Street and Vermont Avenue. Zoned B3-1, this versatile space accommodates a variety of commercial uses, making it ideal for a range of businesses. The asking price is $199,900. The building's location within a densely populated area ensures high potential for customer traffic and business success. This property presents a unique opportunity to own a well-positioned retail space in a thriving Chicago neighborhood. The property is currently for sale.

• CAP approach

  CAP return

  Valuation

  6%

  $566,899

  6.5%

  $523,292

  7%

  $485,914

• Comparable approach

  Method

  Valuation

  Relative Method

  $393,876

  Geo Method

  $393,876

• Alternative Use

  Use

  Valuation

  Residential

  $441,416

  Hospitality

  $404,335

  Educational

  $336,402

  Medical

  $347,971

  Retail

  $523,292

Location Insight

City

Chicago

County

Cook

State

Illinois

Latitude

41.6624

Longitude

-87.641

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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