Property summary
This exceptional 18,723-square-foot executive office building, located at 1821 W Berteau Ave in Chicago's desirable Ravenswood neighborhood, presents a unique investment opportunity. Built in 1919 and completely renovated in 2009, this three-story Class B building boasts a modern interior while retaining its character. Currently vacant, the space is ideally suited for a single tenant, featuring loft offices on the first floor and climate-controlled office/production space on the upper two… floors. The property benefits from a passenger elevator, video security system, high-tech dry fire suppression systems (second and third floors), one overhead door/exterior dock, and four 400-amp electric service lines. The building's RS-3 zoning, while grandfathered for existing office use, also presents potential for residential redevelopment in this strong residential market. A newer roof (less than 10 years old) and HVAC system further enhance its value. Its convenient location, just blocks from the Montrose and Irving Park Brown Line "L" stations, less than two miles from Lake Shore Drive, and under three miles from I-90/94, provides excellent accessibility. The surrounding area offers a wealth of amenities, including numerous retailers such as Jewel-Osco, Walgreens, CVS, and various restaurants. Proximity to Lake View High School and Wrigley Field adds to its appeal. This property offers a compelling combination of location, functionality, and redevelopment potential.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records and 10 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight