Listing Agency: DarwinPW Realty

Listed By: Edward Wabick · License #IL 471011379

Source: Crexi

Added: Apr 10 Changed: Aug 30 Last Checked: Aug 30 at 1:38PM

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Investment Insights

Based on property information with market context.

This office building contains 25,283 square feet and is offered for sale as a commercial real estate asset. The property is located at 6500 W. 65th Street in Chicago, Illinois, with an 8.65% capitalization rate.

Key Highlights

• 25,283 SF office building
• 8.65% capitalization rate
• 6500 W. 65th Street, Chicago, IL 60638

Property Analytics

Property Profile

Current Use

Cad Services Inc Theater & Performing Art Venue Concentra Urgent Care Occupational Health Service B3 iNtegrated Solutions General Contractor Dr. Peter Sorokin, ... Physician Gretchen Shank Physician

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Parking Lot & Garage Daycare Center Barber Shop

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

Location Intelligence

Trade Area within ½ mile

545

Businesses Nearby

Explore this area Business Placement

Demographics for 60638, IL

56,928

Population

21,636

Households

2.6

Avg Household Size

39

Median Age

24%

College-Educated

84%

High-School Grad

11.1 sq mi

ZIP Area

5,129

Density / Sq Mi

$89,191

Median Household Income

$50,902

Median Earnings

$1,327

Median Rent

$283,500

Median Home Value

Market

Vacancy Rate% for Office in Chicago, IL

17.9% 2019

19.2% 2020

20.7% 2021

23.1% 2022

23.3% 2023

25.1% 2024

25.6% 2025

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Frequently Asked Questions

What type of property is this?

Office building - Commercial office property offered for sale with substantial existing building area.

Where is this office building located?

The property is located at 6500 W 65Th Street Chicago, IL.

What are key features of this property?

This property features: 25,283 SF office building; 8.65% capitalization rate; 6500 W. 65th Street, Chicago, IL 60638