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    4525 N Ravenswood Ave, Unit 2S Chicago, IL 60640

    For Lease
    $72 SF/Yr

    Commercial loft office with three private offices and exposed brick.

    Property Features for 4525 N Ravenswood Ave

    General Information

    Standard status
    Active

    Building Details

    Year built
    1938

    Source: ARIA REAL ESTATE Agent CHRIS CARRACHER

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ravenswood Boutique Loft Office Space

    This commercial loft office space is located on Ravenswood Avenue. The property features three private offices, exposed brick, and hardwood floors throughout. A kitchen includes a dishwasher. The unit has tenant-controlled central heat and air. Windows facing south provide ample natural light. The unit also includes private bathrooms and a private outdoor picnic area. The monthly rent is $900 modified gross, with the tenant responsible for utilities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Trilogy Interactive Website Designer Hull House Association Non-Profit Organization Regroup Telehealth & Telepsychiatry Business To Business Service Bergen Counseling Center Psychotherapist Irene Epshteyn Psychiatrist

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6736123
    Latitude
    41.9641997

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    FAQs

    What type of property is this?
    Office space - Commercial loft office with three private offices and exposed brick.
    Where is this office space located?
    The property is located at 4525 N Ravenswood Ave, Unit 2S Chicago, IL.
    What is the lease rate?
    The lease rate is $72 SF/Yr.
    What are key features of this property?
    This property features: - Prime Commercial Loft Office Space on Ravenswood Street; - Affordable $900 Monthly Modified Gross Rent (tenant pays utilities only); - Three Private Offices with Exposed Brick and Hardwood Floors
    Request Owner's contact information
    4525 N Ravenswood Ave, Unit 2S Chicago, IL 60640
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    Chicago, IL 60640
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4525 N Ravenswood Ave, Unit 2S Chicago, IL 60640
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