Property profile & analytics
3525 Peterson Ave Chicago, IL 60659-3324
- Office buildings
- 49,800 SF
- 0.76 lot acres
OFF-MARKET
Value Estimations
$6,810,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US28-1870605
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- Draper and Kramer Mortgage Corp. / Loan Service / Bank
- Attorney Amina Khan / Law Firm
- Kim David K CPA / Accounting Firm / Tax Preparation
- Hwang Kwan Hong CPA / Accounting Firm / Tax Preparation
- Suleman Mohammad CPA / Accounting Firm / Tax Preparation
Property Details for 3525 Peterson Ave
- Year built
- 1965
- Lot size
- 0.76 lot acres
- Property size
- 49,800 SF
- Property type
- Office buildings
- APN
- 13-02-401-044
- APU
- 1302401044
Description
The Peterson Corporate Center, a six-story Class B office building located at 3525 West Peterson Avenue in Chicago's North Park neighborhood, offers 60,000 square feet of versatile office space. This multi-tenant building provides a range of suite sizes, accommodating businesses needing anywhere from 48 to 8,370 square feet. The property boasts convenient access to public transportation, with bus routes #82 and #84 stopping directly at the building. Free tenant parking is available, a significant advantage in this location. Enjoy floor-to-ceiling windows offering breathtaking views, and the flexibility of partitioning to customize your space to meet specific business needs. The building's prime location offers easy access to major transportation arteries, including the Edens Expressway (I-94) and Lake Shore Drive, and is conveniently situated near O'Hare International Airport. The surrounding area is vibrant and well-established, with a mix of businesses, including retailers, catering to a large residential population. The proximity to Northeastern Illinois University and a short commute to the Chicago Loop adds to the property's appeal. North Park offers a unique blend of suburban tranquility and urban convenience, making it an attractive location for businesses of all sizes. The high daily traffic counts on Peterson Avenue further enhance the visibility and accessibility of this exceptional office building. One acre of land supports this impressive structure.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $6,832,000
Market price range: $2.56M - $13.8M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $6,705,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $8,550,000 Change: +27% Conversion: Easy
- RETAIL STORES
- $6,800,000 Change: +1% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $5,965,000 Change: -11% Conversion: Difficult
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.717
- Latitude
- 41.99
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$211,513
$149,265
$875,441
$1,024,706
-
$597,060
$3,501,764
$4,098,824
