Active · For Sale · Industrial

4321 N Ravenswood Avenue, Chicago, IL 60613

MLS #12774390

4321 N Ravenswood Avenue, Chicago, IL 60613
4321 N Ravenswood Avenue, Chicago, IL 60613CRER
4321 N Ravenswood Avenue, Chicago, IL 60613

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4321 N Ravenswood Avenue, Chicago, IL 60613

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The property

Executive summary

Exceptional commercial opportunity in Chicago's highly sought-after Ravenswood Corridor (Lake View Township)! Located at 4321 N. Ravenswood Ave., this versatile 25,000 SF solid brick industrial/commercial building offers robust construction, high visibility, and outstanding operational flexibility. Featuring a dedicated loading dock for seamless freight and logistics operations, generous interior floor plates, and classic Chicago masonry, this facility is ideally suited for light manufacturing, last-mile distribution, warehousing, creative office, studio production, showroom, or adaptive reuse. Situated in a dynamic commercial enclave with premier accessibility-just moments from CTA Brown Line stops, the Ravenswood Metra station, and major arterial routes. Whether establishing a flagship North Side corporate headquarters or acquiring a high-value commercial asset in a supply-constrained location, 4321 N. Ravenswood provides scale, character, and location.

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Property Intelligence

Financial Snapshot

Reported Annual Income
$300,000
Reported Annual Expenses
$120,000
Estimated NOI
$180,000
Estimated Cap Rate
7.20%
Estimated GRM
8.33
Annual Taxes
$53,710 (2023)

Property Details

Building Size
18,000 SF
Lot Size
18,000 SF
Lot Dimensions
25000
Stories
2
Year Built
1941
Building Age
Older
Construction
Brick, Masonite
Zoning
MANUF
Parcel Number
14184030040000

Operations & Utilities

Heating
Ceiling Units, Gas, Hot Water, Ceiling Fans, Other
Cooling
Office Only
Electric
Circuit Breakers, Fuses, Separate Meters, Service - 2
Possession
Closing

Location & Use

County
Cook
Market Area
Chicago - Lake View

Reported figures come from the listing source. When shown, estimated NOI and cap rate use reported income and expenses; estimated GRM uses asking price and reported income. All figures should be independently verified.