4,375 sq ft
Commercial: Office/Tech - MLS# 12457595
Tools & Resources:
Description
Great opportunity to lease an office flex unit located in Chicago's Beverly neighborhood, a vibrant community known for its charming streets, strong local economy, and ideal mix of urban and suburban appeal. +/- 3,185 SF Divisible Office space featuring warehouse and assembly area with 10' ceilings and I-Bean attached to a +/- 750 SF 2.5 car heated garage. Office space features four private offices, open work area, and kitchenette. Small warehouse ideal for light manufacturing, storage, fitness and more. Ideal for a variety of users including but not limited to contractors, light manufacturing, fitness, therapy and so much more. Unit can be subdivided to suit smaller users and add additional income. Versatile unit can be suitable to a variety of users. All mechanicals replaced within 10 years. Busy Western Avenue offers presence on heavily traveled retail corridor with access to some of the best restaurants and retail destinations in the market.
Features
- Property Type: Commercial
- Sub Type: Office/Tech
- Listing Status: Active
- County/Area: Cook County
- Zip Code: 60643
- Year Built: 1955
- Sq.Ft.: 4,375 sq ft
- Stories: 2
- Units: 2 units
- # Of Drive In Doors: 1
- Approximate Age: Older
- Building Area Total: 4375
- Built Before 1978 (Y/N): Yes
- Cap Rate: 9.2
- Construction Materials: Brick
- Cooling: Central Air, Wall Sleeve
- Directions: Western Ave, north or south to 10139.
- Electric: Circuit Breakers
- Estimated Cam/Sf: 4.73
- Estimated Tax/Sf: 1.57
- Expense Year: 2023
- Geographic Locale: Chicago Southwest
- Gross Income: 79800
- Gross Scheduled Income: 79800
- Heat/Ventilation: Gas
- Indoor Parking: 1-5 Spaces
- Information: List Broker Must Accompany
- Leasable Area: 3935
- Leasable Area Units: Square Feet
- Lot Size Square Feet: 4200
- Main Type: Commercial Sale
- Min Avail Sq Ft (Rentable): 759
- Operating Expense: 20709
- Original Rental Price: 18
- Property Offered: For Sale or Rent
- Rental Price: 18
- Roof Structure: Flat
- Tax Annual Amount: 6880
- Tax Year: 2023
- Tenant Pays: Electricity, Heat, Janitorial Service, Scavenger, Tax Stops, Varies by Tenant
- Total Annual Expense Source: Broker Projection
- Total Monthly Income: 6650
- Township: Lake
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