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    1935 Chicago Ave | Riverside Riverside, CA 92507

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    For Sale
    $835,240

    2,983 SF office suite with lease in place.

    Property size:
    10 SF

    Property Features for 1935 Chicago Ave | Riverside

    General Information

    Size
    10 SF

    Building Details

    Year built
    2006
    Source: Lee-associates

    Listing Agent: Tom Pierik, Sior

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Riverside Office Suite For Sale

    A 2,983 square foot office suite is available for sale. The suite, identified as Suite B, is currently leased as an investment property. The layout includes three offices, an IT and storage closet, two restrooms, and a large open area.
    Location Intelligence

    Current Use by Public Records

    TRC Corporate Office Optima Home Health ... Home Health Care Service Sacred Heart Hospice Hospice

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Riverside
    County
    Riverside
    State
    California
    Longitude
    -117.33
    Latitude
    33.9841

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    FAQs

    What type of property is this?
    Office space - 2,983 SF office suite with lease in place.
    Where is this office space located?
    The property is located at 1935 Chicago Ave | Riverside Riverside, CA.
    What is the asking price?
    The asking price for this property is $835,240.
    What are key features of this property?
    This property features: - Leased Investment: Provides immediate income stream.; - 2,983 SF Suite: Offers a substantial and versatile space.; - Includes 3 Offices: Facilitates private workspaces.
    (951) 276-3610
    Request Owner's contact information
    1935 Chicago Ave | Riverside Riverside, CA 92507
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    Riverside, CA 92507
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1935 Chicago Ave | Riverside Riverside, CA 92507
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