4311 Ravenswood Ave Chicago, IL 60613
- Retail space
- 18,000 SF
- 0.19 lot acres
Current Use by Public Records
- First Midwest Bank - Joseph Seminetta / Bank / Financial Consultant
- shb studio | simple home builders / Home Builder
- Frances Glenn Photography Studio / Photographer
- Chicago Home ReVision / General Contractor / Bathroom Remodeler
- SO-PRO LASH & BEAUTY / Beauty Product Supplier / Beauty Salon
Property Details for 4311 Ravenswood Ave
- Year built
- 1944
- Lot size
- 0.19 lot acres
- Property size
- 18,000 SF
- Property type
- Retail space
- Property subtype
- Storefront properties
- APN
- 14-18-403-005
- APU
- 1418403005
Description
This exceptional Chicago office space at 4311 N Ravenswood Ave, Suite 100, in Cook County, offers a diverse range of solutions for businesses of all sizes. The property provides flexible options including traditional office suites, executive offices, coworking spaces, and even medical or creative office setups. Tenancy is multiple, allowing for a variety of configurations to suit individual needs. Businesses can choose from fully furnished and equipped private offices, scalable from single-person setups to large corporate spaces, including custom design options and disaster recovery solutions. Alternatively, collaborative coworking areas offer shared workspaces with hot-desking availability. Meeting rooms are also available, catering to various needs from informal chats to formal presentations and conferences. For businesses seeking a prestigious address without the overhead of a full office, virtual office options are available, including mail handling and virtual assistant services. Flexible working plans provide access to a global network of workspaces, offering a range of options from daily access to unlimited monthly access to private offices or coworking spaces. The property is ideally located in Chicago, Illinois, zip code 60613. While the total building square footage is not specified, the available office spaces cater to a wide range of business requirements.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $635,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $940,000
- 6.5%
- $910,000
- 7%
- $825,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $960,000
- Geo Method
- $820,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $795,000
- Retail
- $915,000
- Mixed-Use
- $710,000
- Hospitality
- $910,000
- Educational
- $755,000
- Residential Income
- $740,000
- Energy
- $965,000
- Income-Based Land
- $910,000
- Food Service
- $750,000
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6735
- Latitude
- 41.9601
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA