This 1,686 square foot retail space, located at the corner of Halsted and Cornelia Streets in East Lakeview, is situated in a four-story mixed-use building with 25 luxury condos. Previously a fully-equipped coffee shop, the space features marble and stainless steel display counters, extensive refrigeration equipment, a triple-compartment sink, and porcelain tile "wood floors." Two ADA-compliant bathrooms and high 13-foot ceilings add to its appeal. The prominent corner location boasts 75 feet of frontage, offering excellent visibility and potential for sidewalk café seating. The property is zoned C1-2 and benefits from metered street parking and nearby surface lots. Its convenient location places it directly across from a new 71,000 square foot Howard Brown Health Center, and within three blocks of Wrigley Field, Whole Foods, and Target. Public transportation is readily accessible, with a Halsted (#8) bus stop directly in front and the Addison CTA Red Line stop just 2.5 blocks away. The building sits on a 13,791 square foot lot and is part of a larger 42,000 square foot building constructed in 2004. This exceptional opportunity is ideal for a variety of retail or restaurant concepts. Black iron ventilation is not allowed.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$5,072,974
Hospitality
$4,646,818
Educational
$3,866,098
Medical
$3,999,059
Retail
$6,013,930
Location Insight
City
Chicago
County
Cook
State
Illinois
Latitude
41.9457
Longitude
-87.6498
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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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.
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