Retail and Office Space
For Sale
Contact for pricing
520 West Erie, Chicago, IL 60654
45,300 SqFt retail and office property with 7.45% CAP.
Property Size45,300 SF
Price / SF$144.59
Days on Market160
Property Features for 520 West Erie
General Information
Standard status
Active
Size
45,300 SF
Property subtype
Retail, Office
Occupancy
100%
Investment Type
Value Add
Net Operating Income
$495,000
Building Details
Stories
1
Tenancy
Multi
Listing Agency:
Sequoia Realty Group
Listed By:
Mark Levy · License #IL 471000284
Source:
Crexi
Added: Mar 14
Changed: Aug 8
Last Checked: Aug 8 at 2:46PM
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 Sequoia Realty Group
Investment Insights
Based on property information with market context.
This commercial real estate property offers 45,300 square feet of retail and office space. The property is being offered for sale and features a capitalization rate of 7.45%.
Key Highlights
- Great investment opportunity with a 7.45% CAP Rate
- Property boasts a substantial 45,300 SqFt Size
- Retail Property
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
13,352
Businesses Nearby
Explore this area
Business Placement
Demographics for 60654, IL
23,890
Population
17,960
Households
1.3
Avg Household Size
34
Median Age
92%
College-Educated
99%
High-School Grad
0.5 sq mi
ZIP Area
47,780
Density / Sq Mi
$144,831
Median Household Income
$106,856
Median Earnings
$2,571
Median Rent
$495,900
Median Home Value
Market
Vacancy Rate% for Office in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail property - 45,300 SqFt retail and office property with 7.45% CAP.
Where is this retail property located?
The property is located at 520 West Erie Chicago, IL.
What is the asking price?
The asking price for this property is $6,550,000.
What are key features of this property?
This property features: Great investment opportunity with a 7.45% CAP Rate; Property boasts a substantial 45,300 SqFt Size; Retail Property
