1821 W Berteau Ave - Loft/Creative Space FOR SALE


Chicago, IL 60613- North Center
$1,795,000 USD
773-736-3600
1821 W Berteau Ave, Chicago, IL for Sale
$1,795,000 USD
Loft/Creative Space - FOR SALE
1/26
null | Request Cap Rate

1821 W Berteau Ave
Chicago, IL 60613
North Center


HIGHLIGHTS

  • Fully renovated in 2009; newer roof (less than 10 years old) and HVAC system
  • The building features a passenger elevator, video security system, and high-tech dry fire suppression systems on the second and third floors
  • One overhead door/exterior dock, and four 400-amp electric service lines
  • Convenient public transportation; Located within a few blocks of two Brown Line L-stops and only a 15-minute walk to Metra Station
  • Excellent accessibility; Less than two miles from Lake Shore Drive and under three miles from I-90/I-94
  • Over 547,000 residents within a 3-mile radius—and Lake View High School only a few blocks away; long-term potential for residential redevelopment

OVERVIEW

Strauss Realty is pleased to present a rare opportunity to purchase or lease a three-story, 18,723-square-foot office building in Ravenswood. Originally constructed in 1919 and fully renovated in 2009, this vacant property features a flexible layout ideal for a single user or creative business. The first floor offers loft-style office space, while the second and third floors are climate-controlled and well-suited for office or light production use. The building includes a passenger elevator, video security system, high-tech dry fire suppression on the upper floors, one overhead door/dock, and four (4) 400-amp electric service lines. A newer roof (less than 10 years old) and HVAC system further enhance the property’s functionality. Located just one mile from Wrigley Field, the property is surrounded by a vibrant mix of local businesses, breweries, and national retailers. It offers excellent accessibility with two CTA Brown Line stations less than 3 blocks away, Metra station 15-minute walk away, and quick access to both Lake Shore Drive and I-90/94. With over 547,000 residents within a 3-mile radius—and Lake View High School only a few blocks away—this property also presents long-term potential for residential redevelopment.

FOR SALE DETAILS

PRICE

$1,795,000 USD

PRICE/SF

$96 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,300 SF

ZONING

B2-3

APN/PARCEL ID

14-18-412-011-0000

ASK ABOUT THIS PROPERTY

Craig WolfStrauss RealtyMore Info
773-736-3600

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Craig WolfStrauss RealtyMore Info
773-736-3600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.