Office Suite with
For Sale
Contact for pricing
4339 W Irving Park Road, Chicago, IL 60641
Private offices, a large meeting room, reception area, storage, and a kitchenette support a range of professional office functions.
Property Size1,415 SF
Price / SF$0.01
Days on Market27
Property Features for 4339 W Irving Park Road
General Information
Standard status
Active
Size
1,415 SF
Property subtype
Neighborhood Storefront
Site & Location
Neighborhood
North Side
Highway Access
Yes
Public Transit
Yes
Additional Details
Property Use
Office
Building Details
Year Built
1924
Listing Agency:
RE/MAX Premier Luxury Collection
(847) 835-2300
Listed By:
Martin Murray · License #471006713
(312) 656-4584
Source:
Helenoliveri
Added: Oct 6
Changed: Oct 28
Last Checked: Nov 1 at 1:38AM
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 RE/MAX Premier Luxury Collection
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Investment Insights
Based on property information with market context.
This 1,415-square-foot office suite was built in 1924 and combines an open reception area with multiple private offices and an oversized conference room. File storage, additional storage areas, a kitchenette, and skylights are also part of the layout. The configuration supports professional and service businesses, including medical and healthcare offices, legal and accounting practices, and consulting firms.
The property at 4339 W Irving Park Road is in Chicago’s Old Irving Park area, near Irving Park Road. Commuter connections include I-90/94, the CTA Blue Line, and Metra. Established businesses, retail amenities, and residential neighborhoods are among the surrounding area’s stated features.
The property at 4339 W Irving Park Road is in Chicago’s Old Irving Park area, near Irving Park Road. Commuter connections include I-90/94, the CTA Blue Line, and Metra. Established businesses, retail amenities, and residential neighborhoods are among the surrounding area’s stated features.
Key Highlights
- 1,415 square feet of office space
- Built in 1924
- Open reception area, multiple private offices, and oversized conference room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,360
Suggested Prices Based on Cap Rates
Cap Rate 5%
$607,200
$607.2K
Cap Rate 7%
$433,714
$433.7K
Cap Rate 9%
$337,333
$337.3K
Market Conditions
NOI Build-Up for 1,415 SF
Gross rent
$54.3K $38.40/SF
− Vacancy
−$13.9K −$9.79/SF
EGI
$40.5K $28.61/SF
− OpEx
−$10.1K −$7.15/SF
NOI
$30.4K $21.46/SF
Area
Chicago, IL
Vacancy
25.50%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$607,200
Cap Rate 7%
$433,714
Cap Rate 9%
$337,333
Alternative Uses
Best Use
Office B
$433.7K
$379.5K – $506.0K
NOI $30,360 @ 7.0% cap · market cap 151,800.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$667.2K
$583.8K – $778.4K
NOI $46,702 @ 7.0% cap · market cap 233,510.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,147
Businesses Nearby
Explore this area
Business Placement
Demographics for 60641, IL
69,354
Population
27,377
Households
2.5
Avg Household Size
37
Median Age
36%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
17,339
Density / Sq Mi
$81,649
Median Household Income
$46,376
Median Earnings
$1,249
Median Rent
$373,200
Median Home Value
Market
Vacancy Rate% for Office in Chicago, IL
Frequently Asked Questions
What type of property is this?
Office unit - Private offices, a large meeting room, reception area, storage, and a kitchenette support a range of professional office functions.
Where is this office unit located?
The property is located at 4339 W Irving Park Road Chicago, IL.
What are key features of this property?
This property features: 1,415 square feet of office space; Built in 1924; Open reception area, multiple private offices, and oversized conference room
