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Bow Truss Office Building
For Sale
Contact for pricing
Pending

4515-21 N Ravenswood Ave, Chicago, IL 60640

Bow truss office building includes radiant heat, multiple mechanical units, and roof solar panels.

Property Size8,000 SF
Days on Market147

Property Features for 4515-21 N Ravenswood Ave

General Information

Standard status Pending
Size 8,000 SF
Property subtype Office
Listing Agency: Strauss Realty
Listed By: Craig Wolf · License #IL
Source: Crexi
Added: Apr 12 Changed: Sep 2 Last Checked: Sep 2 at 10:46AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Strauss Realty

Investment Insights

Based on property information with market context.

This sale offering features an 8,000 SF bow truss office building with an additional 8,000 SF land area described as a garden/courtyard. The building is equipped with radiant heat throughout, supported by three mechanical units. Solar panels are installed on the roof.

The property is located approximately 1,000 feet from the Montrose Brown Line CTA and the Ravenswood Metra.

The combination of the bow truss structure and the on-site garden/courtyard land area provides a functional campus-style setup within the overall asset.

Key Highlights

  • 8,000 SF bow truss building with 8,000 SF land (garden/courtyard).
  • Radiant heat throughout the building.
  • Three mechanical units.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Electrical Service Catering Service Home Appliance Store (Bike/Boat/Book/etc) Store Auto Parts Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,881
Businesses Nearby

Demographics for 60640, IL

65,941
Population
40,850
Households
1.6
Avg Household Size
38
Median Age
63%
College-Educated
92%
High-School Grad
2.4 sq mi
ZIP Area
27,475
Density / Sq Mi
$71,030
Median Household Income
$59,264
Median Earnings
$1,374
Median Rent
$363,300
Median Home Value

Market

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Bow truss office building includes radiant heat, multiple mechanical units, and roof solar panels.
Where is this office building located?
The property is located at 4515-21 N Ravenswood Ave Chicago, IL.
What are key features of this property?
This property features: 8,000 SF bow truss building with 8,000 SF land (garden/courtyard).; Radiant heat throughout the building.; Three mechanical units.
(773) 736-3600 Call to check price and availability
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