3722 N Southport Avenue, Chicago, IL, 60613

3722 N Southport Avenue Chicago, IL 60613

Property Type:
Street Retail
Last Verified:
Jul 25, 2023


  • Highly Sought After Retail Corridor
  • 3 Tenant Retail Condo
  • 7.59% Cap Rate
  • Excellent Street Exposure
  • Strong Walking Traffic
  • Outstanding Demographics


Three (3) tenant retail condo in the highly desirable North Southport corridor in Chicago's Lakeview neighborhood. The retail condo is 3,898 sq. ft. and currently has one vacant unit that is awaiting lease signature at $20.00 PSF NNN creating a 7.59% cap rate in a highly desirable and sought-after location.

Located in Chicago's Lakeview neighborhood on the highly sought-after North Southport corridor. One of Chicago's busiest retail corridors and a short walk to Wrigley Field, the CTA Brown Line and an exceptional blend of area co-tenants. Join area co-tenants Alice & Wonder, Lululemon, Blue Mercury, Anthropologie, Music Box Theatre and more!

Year Built: 2000
Building Size: 3898sq ft
Lot Size: 0 acres


3722 N Southport | OM

Map of 3722 N Southport Avenue, Chicago, IL, 60613

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.