4660 N Ravenswood Avenue Chicago, IL $ 5,500,000
4660 N Ravenswood Avenue
$ 5,500,000
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4660 N Ravenswood Avenue

Chicago, IL, 60640
$ 5,500,000
Bedrooms-- Baths-- Sq 44,900

Monthly Estimate*

$ 34,313

4660 N Ravenswood Avenue, Chicago, IL 60640 - Image 1
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Commercial Property for sale in Chicago, IL

for $5,500,000. This 44,900 square foot building was built in 1927 on a lot size of 0.67.

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.

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Commercial Active

Price

$ 5,500,000

Property Type

Commercial

Taxes

$ 88,849

Style

Medical/Dental

Lot Size

0.67

Year Built

1927

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12187689

Features
General
Cooling Central Individual
Zoning COMMR
Year Built 1927
Electric Other
Stories Count 2
Tax Year 2023
Current Use Medical/Dental
Gross Income 0
County Cook
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale Office/Tech
Status Active
Directions Located on Ravenswood Avenue between Leland and Wilson
City Chicago
MLS Area CHI - Lincoln Square
Lot Size Square Feet 29284
Tax Annual Amount 88849
Additional Parcels Y/N N
Leasable Area 0
Standard Status Active
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Exterior
Building Area Total 44900
Lot Dimensions 192'X152.52'
Lot Size Acres 0.67
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* Excluded Features
List By
Strauss Realty Ltd

Broker

craig@straussrealty.com

Email

Affordability Calculator

$41,717
Per Month
82%
18%
0%
Monthly Principal & Interest
$34,313
Monthly Property Taxes
$7,404
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/14/2024$5,500,000 Listed Price

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4660 N Ravenswood Avenue, Chicago, IL, 60640 is a Commercial Property for sale at $5,500,000 with 44,900 sqft and a lot size of 0.67. 4660 N Ravenswood Avenue was built in 1927. The property's zip code is 60640 which is in Chicago, IL