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Historic Timber Loft Flex Space
New
For Lease
$37 SF/Yr

4706 N Ravenswood Avenue, Chicago, IL 60640

Exposed brick and C zoning support a range of commercial configurations.

Space SizeContact for details
Days on Market4

Property Features for 4706 N Ravenswood Avenue

General Information

Standard status Active
Property subtype COMMERCIAL
Zoning C

Additional Details

Space Use Flex

Taxes and HOA fees

Annual Taxes $184,158

Building Details

Year Built 1905
Listing Agency: Coordinate Properties LLC
Listed By: Amanda Stamelos · License #471019385
Source: Dawnmckennagroup
Added: Sep 1 Changed: Sep 3 Last Checked: Sep 4 at 12:07PM

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 Coordinate Properties LLC

Investment Insights

Based on property information with market context.

This flex property combines timber loft construction with exposed brick, creating a distinctive interior character for commercial occupancy. Built in 1905, the space offers a foundation for a customized layout rather than a highly specialized buildout. C zoning is identified for potential retail, office, recreational, or other commercial applications.

The property is located at 4706 N Ravenswood Avenue in Chicago, directly across from the newly built Ravenswood Metra station. Its position opposite the station places the space in a transit-oriented setting with direct exposure to station activity.

Key Highlights

  • Timber loft flex space with exposed brick
  • Built in 1905
  • C zoning supports retail, office, recreational, and other commercial applications

Property Analytics

Current Use

The Hive Training Center

Suggested Use

Top Pick Nursing Home Catering Service Auto Parts Store Home Appliance Store (Bike/Boat/Book/etc) Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$5.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,735
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60640, IL

65,941
Population
40,850
Households
1.6
Avg Household Size
38
Median Age
63%
College-Educated
92%
High-School Grad
2.4 sq mi
ZIP Area
27,475
Density / Sq Mi
$71,030
Median Household Income
$59,264
Median Earnings
$1,374
Median Rent
$363,300
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$16.84 /SF/Yr
Avg Asking Price
$8–$32 /SF/Yr
Price Range
24,528 SF
Avg Space Size

This space is priced 120% above the average of $16.84 /SF/Yr.

Vacancy Rate% for Industrial in Chicago, IL

4.9% 2019
5.4% 2020
4% 2021
3.3% 2022
4.5% 2023
4.5% 2024
4.7% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Dinner Is Solved 4412 N Damen Ave, Chicago, IL 60625
  • At Your Service Inc 4541 N Ravenswood Ave, Chicago, IL 60640

Frequently Asked Questions

What type of property is this?
Flex space - Exposed brick and C zoning support a range of commercial configurations.
Where is this flex space located?
The property is located at 4706 N Ravenswood Avenue Chicago, IL.
What is the lease rate?
The lease rate is $37 SF/Yr.
What are key features of this property?
This property features: Timber loft flex space with exposed brick; Built in 1905; C zoning supports retail, office, recreational, and other commercial applications
More about this property
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