5100 Damen AveChicago, IL 60609

Property Details for 5100 Damen Ave

Year built

1965

Lot size

0.38 AC

Property size (Sq ft)

5,700 SF

Property type

Banks

APN

20-07-303-039

APU

2007303039

Description

This exceptional 5,272 square foot executive office space is located in a single-story building at 5100 S Damen Ave, Chicago, IL 60609, within Cook County. The property, built in 1976, is classified as Class B and offers a total of 10,272 square feet. Currently, the entire 5,272 square foot space is available for lease. The building features multiple suites, although this listing focuses on the single, large vacant space. Its convenient single-story design and ample parking make it particularly well-suited for medical practices or similar businesses requiring easy access and parking for clients and staff. The property's location in Chicago offers excellent access to transportation and amenities. This is a rare opportunity to secure a substantial, well-located office space in a highly desirable area. The property's address is verified, and its location is precisely 41.8009924 latitude and -87.6748334 longitude. The building's single-story design offers convenience and accessibility. This presents a unique opportunity for a business seeking a large, readily available office space in a well-established Chicago location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,692,772

  6.5%

  $2,485,636

  7%

  $2,308,090

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,870,911

  Geo Method

  $1,870,911

• Alternative Use

  Use

  Valuation

  Residential

  $2,096,726

  Hospitality

  $1,920,590

  Educational

  $1,597,908

  Medical

  $1,652,863

  Retail

  $2,485,636

Location Insight

City

Chicago

County

Cook

State

Illinois

Latitude

41.801

Longitude

-87.6749

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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