626 Randolph StChicago, IL 60661

Property Details for 626 Randolph St

Year built

1905

Lot size

0.29 AC

Property type

Office properties

APN

17-09-322-016-1001

APU

17093220161001

Description

This exceptional 3,582-square-foot retail space is located at 626 W Randolph St in Chicago's vibrant West Loop. The single-tenant property features a stunning brick and timber loft design, offering high visibility from its corner location. Fully furnished and move-in ready, the space includes four private offices, two huddle rooms, and twenty workstations, creating a functional and collaborative environment. Amenities include a large kitchen and break room, a dedicated conference room, basement storage, and in-suite restrooms with showers. The first-floor location provides excellent street visibility and convenient access. Its prime West Loop location offers unparalleled proximity to numerous dining, nightlife, and hotel options, along with easy access to CTA, Metra, and major expressways. This fully furnished space presents a rare opportunity for immediate occupancy in a highly desirable location. The property is located in Cook County, Illinois, and has a 60661 zip code. The space is currently vacant.

• CAP approach

  CAP return

  Valuation

  6%

  $4,129,302

  6.5%

  $3,811,664

  7%

  $3,539,402

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,673,582

  Geo Method

  $1,673,582

• Alternative Use

  Use

  Valuation

  Residential

  $4,726,463

  Hospitality

  $4,329,415

  Educational

  $3,602,022

  Medical

  $3,725,901

  Retail

  $5,603,146

Location Insight

City

Chicago

County

Cook

State

Illinois

Latitude

41.8847

Longitude

-87.6438

CBSA code

16980

CBSA name

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

Property Tax & Assessments

FAQs

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