4300-12 W North Avenue Chicago, IL ^$ 2,000,000

4300-12 W North Avenue

^$ 2,000,000

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4300-12 W North Avenue

Chicago, IL, 60639

^$ 2,000,000

Bedrooms-- Baths-- Sq 10,493

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Property for Rent in Chicago, IL

for $2,000,000. This 10,493 square foot property was built in 1996 on a lot size of 0.453398.

Two tenant retail center. Fully leased to the City of Chicago. Tenants are the Chicago Public Library and the Dept. of Family and Support Services.Library has been a tenant for 29 years. The Dept.of Family Services for 9 years. Property is well maintained.Newer 6 HVAC roof top units on service contract.Newer gutter and dowmspouts. Newer Library upgrades include: all new lighting fixtures, carpeting and painting. Library has a large kitchen area, and well used large meeting room.Family Services had 190k+ recent buildout.Pride of ownership. Ideal candidate for 1031 exchange.

Rental Contingent

Price

^$ 2,000,000

Taxes

^$ 52,673

Style

Retail

Lot Size

0.453398

Year Built

1996

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12363585

Features

General

Cooling Central Air

Utilities Electric to Site Natural Gas Available Water Available

Possession Closing

Zoning COMMR

Construction Materials Brick

Year Built 1996

Electric Service - 201 to 600 Amps

Tenant Pays Air Conditioning Electricity Janitorial Service

Stories Count 1

Township Jefferson

Tax Year 2023

Current Use Commercial Office

Gross Income 234300

Business Type Retail

Assoc Fee Paid Per Not Applicable

County Cook

Net Operating Income 164577

Operating Expense 69723

Insurance Expense 7600

Property Type Commercial Sale Retail/Stores

Contingency Other Contingency

Status Contingent

Directions West on North Avenue to property

City Chicago

Number Of Units Total 2

MLS Area CHI - Humboldt Park

Lot Size Square Feet 19750

Tax Annual Amount 52673

Electric Expense 0

Water Sewer Expense 2000

Additional Parcels Y/N Y

Leasable Area 10493

Lease Type Net

Standard Status Active Under Contract

Cap Rate 8.25

Interior

Flooring Carpet Tile

Exterior

Water Source Municipal Water

Foundation Details Brick/Mortar

Building Area Total 10493

Lot Dimensions 158 X 125

Frontage Type City Street

* Excluded Features

List By

Lipkin Realty

Broker

glipkin@sbcglobal.net

Nearby

Trends
Schools

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/22/2025	$2,000,000	-4.76%	Price Down
5/20/2025	$2,100,000		Listed Price

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4300-12 W North Avenue, Chicago, IL, 60639 is a Property for Rent at $2,000,000 with 10,493 sqft and a lot size of 0.453398. 4300-12 W North Avenue was built in 1996. The property's zip code is 60639 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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Data is updated as of 12/17/2025.

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4300-12 W North Avenue

Property for Rent in Chicago, IL

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