Newly Renovated Office Building with Rear
For Sale
Contact for pricing
5214 N Western Ave, Chicago, IL 60625
Newly renovated 3-level office building with rear parking and individual electric meters.
Property Size9,000 SF
Lot Size0.23 Acres
Price / SF$138.89
Days on Market692
Property Features for 5214 N Western Ave
General Information
Standard status
Active
Size
9,000 SF
Lot size
0.23 Acres
Property subtype
OFFICE
Occupancy
77%
Additional Details
Office Units
15
Amenities
Individual Electric Meters
Building Details
Buildings
1
Stories
3
Building Size
9,000 SF
Tenancy
Multi
Listing Agency:
SVN | Chicago - Corporate
(630) 330-3352
Listed By:
Karen Kulczycki, CCIM
(630) 330-3352
Source:
Moodyscre
Added: Sep 20, 2024
Changed: Jul 30
Last Checked: Aug 12 at 5:41AM
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 SVN | Chicago - Corporate
Investment Insights
Based on property information with market context.
Newly renovated office building offering approximately 9,000 SF on a 0.23 AC site. The property contains 15 office units across 3 levels and is currently 77% occupied, providing an income-producing foundation alongside an identified redevelopment opportunity.
The building features rear parking and individual electric meters, supporting separate tenant metering. The property is located at 5214 N Western Ave in Chicago’s 40th Ward and is described as having great visibility.
With multiple office units and a multi-level layout, the space can be evaluated for continued leasing and operating as-is, or for future redevelopment planning based on the site’s existing configuration.
The building features rear parking and individual electric meters, supporting separate tenant metering. The property is located at 5214 N Western Ave in Chicago’s 40th Ward and is described as having great visibility.
With multiple office units and a multi-level layout, the space can be evaluated for continued leasing and operating as-is, or for future redevelopment planning based on the site’s existing configuration.
Key Highlights
- Approximately 9,000 SF office building on 0.23 AC site
- 15 office units across 3 levels
- Currently 77% occupied
Property Analytics
Current Use
Lease Details
15
Office units
77%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,509
Businesses Nearby
Explore this area
Business Placement
Demographics for 60625, IL
76,525
Population
33,932
Households
2.3
Avg Household Size
36
Median Age
54%
College-Educated
87%
High-School Grad
3.8 sq mi
ZIP Area
20,138
Density / Sq Mi
$85,299
Median Household Income
$48,314
Median Earnings
$1,455
Median Rent
$396,700
Median Home Value
Market
Vacancy Rate% for Office in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Office building - Newly renovated 3-level office building with rear parking and individual electric meters.
Where is this office building located?
The property is located at 5214 N Western Ave Chicago, IL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Approximately 9,000 SF office building on 0.23 AC site; 15 office units across 3 levels; Currently 77% occupied
