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1821 Berteau Ave Chicago, IL 60613

18,723 SF Office, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional 18,723-square-foot executive office building, located at 1821 W Berteau Ave in Chicago's desirable Ravenswood neighborhood, presents a unique investment opportunity. Built in 1919 and completely renovated in 2009, this three-story Class B building boasts a modern interior while retaining its character. Currently vacant, the space is ideally suited for a single tenant, featuring loft offices on the first floor and climate-controlled office/production space on the upper two floors. The property benefits from a passenger elevator, video security system, high-tech dry fire suppression systems (second and third floors), one overhead door/exterior dock, and four 400-amp electric service lines. The building's RS-3 zoning, while grandfathered for existing office use, also presents potential for residential redevelopment in this strong residential market. A newer roof (less than 10 years old) and HVAC system further enhance its value. Its convenient location, just blocks from the Montrose and Irving Park Brown Line "L" stations, less than two miles from Lake Shore Drive, and under three miles from I-90/94, provides excellent accessibility. The surrounding area offers a wealth of amenities, including numerous retailers such as Jewel-Osco, Walgreens, CVS, and various restaurants. Proximity to Lake View High School and Wrigley Field adds to its appeal. This property offers a compelling combination of location, functionality, and redevelopment potential.

Highlights

  • Excellent location at the border of Ravenswood and Lake View neighborhoods.
  • 2009 renovation; newer roof (under 10 years old) and HVAC system.
  • RS-3 zoning allows for potential residential redevelopment.
  • Features passenger elevator, video security, high-tech fire suppression (2nd & 3rd floors), one overhead door/dock, and four 400-amp electric service lines.
  • Conveniently located near Montrose & Irving Park Brown Line "L" stations, Lake Shore Drive, and I-90/94.
  • Close proximity to Lake View High School and Wrigley Field.

Property Details for 1821 Berteau Ave

Property type
Office properties
Square Feet
18,723 SF
Class
B
Year Built/Renovated
1919/2009
Stories
3

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.9575892
Longitude
-87.6751829
1821 Berteau Ave, Chicago, Illinois

FAQs

What type of property is this?
Office property - 18,723 SF Office, Prime Location
Where is the office property located?
The property is located at 1821 Berteau Ave Chicago, IL.
What are key features of this property?
This property features: Excellent location at the border of Ravenswood and Lake View neighborhoods.; 2009 renovation; newer roof (under 10 years old) and HVAC system.; RS-3 zoning allows for potential residential redevelopment.
How can I contact the broker?
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1821 Berteau Ave
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