Building Details

Year Built 2004

Listing Agency: Friedman Real Estate IL LLC k***@freg.com Show Phone

Listed By: Kellen Duggan · License #IL 475155060

Source: Crexi

Added: Mar 14 Changed: Aug 17 Last Checked: Aug 19 at 9:29AM

Report an Issue

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 Friedman Real Estate IL LLC

Investment Insights

Based on property information with market context.

This is a 57,966 square foot office building. The property is located in Chicago, IL. The property is for sale and has a capitalization rate of 19.00%.

Key Highlights

• 19.00% CAP Rate
• Boasting 57,966 SqFt of Office Space
• Built in 2004

Property Analytics

Property Profile

Current Use

Access Behavioral Services ... Medical Clinic Vicken Ichkhan Dental Office Dr. Chris Worth Dental Office ParkChicago #368610 Parking Lot & Garage TA98| HigherGround Community Center

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Skin Care Clinic Hotel & Motel Acupuncture Nursing Home

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

2,005

Businesses Nearby

Explore this area Business Placement

Demographics for 60623, IL

87,649

Population

31,300

Households

2.8

Avg Household Size

32

Median Age

14%

College-Educated

69%

High-School Grad

5.4 sq mi

ZIP Area

16,231

Density / Sq Mi

$44,040

Median Household Income

$32,642

Median Earnings

$1,054

Median Rent

$221,400

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this office buildings located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

Full Commissary Kitchen Facility

3515 W Grand Avenue, Chicago, IL 60651

$1,600,000

4,800 SF

View details

Renovated Wedding Venue

5319 W Belmont Avenue, Chicago, IL 60641

$999,000

5,300 SF

View details

Automotive Building With Mezzanine

6243 N Clark Street, Chicago, IL 60660

$1,100,000

8,000 SF

View details

Renovated Flex Space with Showroom

3146 W Chicago Avenue, Chicago, IL 60622

$1,200,000

6,400 SF

View details

Historic Live-Work Space with Atrium

2733 N Pulaski Road, Chicago, IL 60639

$2,750,000

7,000 SF

View details

Showroom Condo with Flexible Layout

4420 N Clark Street #GF, Chicago, IL 60640

$1,195,000

4,000 SF

View details

Flex Warehouse with Office Buildout

242 North Western Avenue, Chicago, IL 60612

$2,199,000

8,700 SF

View details

Corner Development Site in Chicago

7455 W Irving Park Road, Chicago, IL 60634

$949,000

4,055 SF

View details

Brick Flex Building with Fenced Parking

4511 W BELMONT Avenue, Chicago, IL 60641

$850,000

4,500 SF

View details

Retail/Office Building with Value-Add

3934 W 26th Street, Chicago, IL 60623

$1,300,000

12,000 SF

View details

One-Story Corner Flex Commercial Space

210 S Desplaines Street #NE, Chicago, IL 60661

$2,699,000

8,000 SF

View details

Mixed-Use Property With Three Storefronts

2114 W Devon Avenue, Chicago, IL 60659

$589,000

1,980 SF

View details

Frequently Asked Questions

What type of property is this?

Office building - 57,966 SqFt office building with 19.00% CAP rate.

Where is this office building located?

The property is located at 3948 W 26th St Chicago, IL.

What is the asking price?

The asking price for this property is $2,700,000.

What are key features of this property?

This property features: 19.00% CAP Rate; Boasting 57,966 SqFt of Office Space; Built in 2004