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    4515 N Ravenswood Ave Chicago, IL 60613

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    For Lease
    Contact for pricing

    Creative space with exposed brick, timber, and skylights.

    Property size:
    8,000 SF
    Lot size:
    0.38 Acres

    Property Features for 4515 N Ravenswood Ave

    General Information

    Size
    8,000 SF
    Lot size
    0.38 Acres

    Source: Mid-America Real Estate Group | Chicago Agent Paul Bryant

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

    Overview

    Lofted Bow Truss Building

    This spectacular lofted bow truss building features exposed brick, timber, and skylights throughout. The 8,000 square foot interior includes private offices, a conference room, ample open work space, and a fully functioning kitchen. Dramatic 22-foot ceiling heights span the entire building. The outdoor space is enhanced by manicured landscaping, a fire pit, an elegant fountain, and terrace lighting. Located on Ravenswood Avenue, the property benefits from abundant street parking. M1-2 Zoning allows for a variety of creative uses.
    Insight Report Location Intelligence

    Current Use by Public Records

    Solid Insurance Illinois Insurance Agency Rise Gardens Corporate Office

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6736049
    Latitude
    41.963926

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    FAQs

    What type of property is this?
    Creative space - Creative space with exposed brick, timber, and skylights.
    Where is this creative space located?
    The property is located at 4515 N Ravenswood Ave Chicago, IL.
    What are key features of this property?
    This property features: - Spectacular lofted bow truss building with exposed brick, timber, and skylights; - Dramatic 22’ ceiling heights span the entire building; - M1-2 Zoning allows for a variety of creative uses
    (630) 954-7327
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    4515 N Ravenswood Ave Chicago, IL 60613
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    Chicago, IL 60613
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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
    4515 N Ravenswood Ave Chicago, IL 60613
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