Listing Agency: Baum Realty Group

Listed By: Ari Topper · License #IL 475.132043 Show Phone

Source: Crexi

Added: Mar 29, 2023 Changed: Sep 1 Last Checked: Sep 9 at 7:01AM

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Investment Insights

Based on property information with market context.

This commercial property, located in Chicago, Illinois, is available for sale. The property is an office building with a size of 28,442 square feet. It is suitable for commercial real estate purposes.

Key Highlights

• This information is insufficient to extract 6 selling points. Please provide property details.

Property Analytics

Property Profile

Current Use

Office buildings

Suggested Use

Top Pick Accounting Firm (Bike/Boat/Book/etc) Store Carpet & Flooring Store Pet Grooming Service Tanning Salon Supermarket

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

3,710

Businesses Nearby

Explore this area Business Placement

Demographics for 60622, IL

55,075

Population

27,630

Households

2

Avg Household Size

33

Median Age

73%

College-Educated

94%

High-School Grad

2.5 sq mi

ZIP Area

22,030

Density / Sq Mi

$124,852

Median Household Income

$76,180

Median Earnings

$1,932

Median Rent

$622,900

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?

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Frequently Asked Questions

What type of property is this?

Office building - Office building with 28,442 square feet available for sale.

Where is this office building located?

The property is located at 431 N Wolcott Ave Chicago, IL.

What is the asking price?

The asking price for this property is $2,950,000.

What are key features of this property?

This property features: This information is insufficient to extract 6 selling points. Please provide property details.