Shared Coworking Office
For Sale
Contact for pricing
4667 N Manor Avenue, Chicago, IL 60625
A private office or treatment room is available within a three-office shared workspace with reception and waiting areas.
Property Size900 SF
Price / SF$0.29
Days on Market28
Property Features for 4667 N Manor Avenue
General Information
Standard status
Active
Size
900 SF
Property subtype
Commercial
Zoning
B1-1
Site & Location
Neighborhood
Ravenswood
Public Transit
Yes
Additional Details
Office Units
1
Property Use
Office
Amenities
reception/waiting area
back room for files/coffee
2 restrooms
Building Details
Year Built
1914
Building Size
900 SF
Tenancy
Multi
Listing Agency:
L.J.S. Real Estate
(312) 738-9502
Listed By:
Miraya Vlacho · License #478000190
Source:
Helenoliveri
Added: Oct 3
Changed: Oct 28
Last Checked: Oct 28 at 3:43PM
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 L.J.S. Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A private office or treatment room of approximately 100 square feet is available within a 900-square-foot office. The three-office arrangement includes an acupuncturist and therapist as co-tenants. Shared spaces include a reception and waiting area, a back room for files and coffee, and two restrooms. The property is zoned B1-1 and was built in 1914.
The office at 4667 N. Manor Avenue is across from the Francisco Brown Line L stop, Ravenswood Manor Park, and First Slice Cafe. It is in Ravenswood Manor, just west of Lincoln Square.
The office at 4667 N. Manor Avenue is across from the Francisco Brown Line L stop, Ravenswood Manor Park, and First Slice Cafe. It is in Ravenswood Manor, just west of Lincoln Square.
Key Highlights
- Approximately 100‑square‑foot private office or treatment room
- Part of a 900‑square‑foot, three‑office workspace
- Shared reception and waiting area, file and coffee room, and 2 restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$2,146
Suggested Prices Based on Cap Rates
Cap Rate 5%
$42,920
$42.9K
Cap Rate 7%
$30,657
$30.7K
Cap Rate 9%
$23,844
$23.8K
Market Conditions
NOI Build-Up for 100 SF
Gross rent
$3.8K $38.40/SF
− Vacancy
−$979 −$9.79/SF
EGI
$2.9K $28.61/SF
− OpEx
−$715 −$7.15/SF
NOI
$2.1K $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%
$42,920
Cap Rate 7%
$30,657
Cap Rate 9%
$23,844
Alternative Uses
Best Use
Office B
$30.7K
$26.8K – $35.8K
NOI $2,146 @ 7.0% cap · market cap 7,400.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$47.1K
$41.3K – $55.0K
NOI $3,300 @ 7.0% cap · market cap 11,379.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,179
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
Frequently Asked Questions
What type of property is this?
Coworking space - A private office or treatment room is available within a three-office shared workspace with reception and waiting areas.
Where is this coworking space located?
The property is located at 4667 N Manor Avenue Chicago, IL.
What are key features of this property?
This property features: Approximately 100‑square‑foot private office or treatment room; Part of a 900‑square‑foot, three‑office workspace; Shared reception and waiting area, file and coffee room, and 2 restrooms
