4660 N Ravenswood AVE Active

Chicago,IL 60640

$ 5500000

- Bed

0 Bath

44900 SqFt


Key Details

Property Type Commercial

Sub Type Office/Tech

Listing Status Active

Purchase Type For Sale

Square Footage 44,900 sqft

Price per Sqft $122

MLS Listing ID 12187689

Year Built 1927

Annual Tax Amount $88,849

Tax Year 2023

Lot Size 0.670 Acres

Lot Dimensions 192'X152.52'

Property Sub-Type Office/Tech

Property Description

Exceptional Investment Opportunity in Ravenswood! This expansive 44,900 SF office building complex is ideally situated directly across from the Ravenswood Metra Station. Currently, there is a 6.5% vacancy rate with 3,070 SF of office space available for lease. The property features four contiguous buildings on a 29,284 SF lot, with a ground level of 26,050 SF and a second level of 15,874 SF. The third floor boasts a 2,976 SF conference room, complete with bathrooms and a rooftop deck. An elevator services the first and second floors. Onsite parking includes a 40'x35' lot, accommodating 3 to 6 vehicles. Current tenants include Nemera (lease expiring July 2030 with a 5-year renewal option) and Cosmodent (lease expiring March 2027 without renewal option). Enjoy convenient access to public transportation, including Ravenswood Metra and two Brown Line CTA stops at Damen & Montrose. Nearby amenities include Mariano's, LA Fitness, and Starbucks. Rent roll and expenses available upon request.

Location

State IL

County Cook

Area Chi - Lincoln Square

Zoning COMMR

Interior

Cooling Central Individual

Fireplace N

Building

Dwelling Type Office/Tech

Level or Stories 2

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