4660 N Ravenswood Avenue Active

Chicago,IL 60640

$ 5500000

- Bed

- 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 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

Zoning COMMR

Interior

Cooling Central Individual

Fireplace N

Exterior

View Y/N true

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