4801 Peterson AveChicago, IL 60646

Property Details for 4801 Peterson Ave

Year built

1974

Lot size

1.31 AC

Property size (Sq ft)

111,600 SF

Property type

Office buildings

APN

13-04-402-005

APU

1304402005

Description

This exceptional Class A office building, Edens Office Plaza, offers 102,000 square feet of prime commercial space in Chicago's Sauganash neighborhood. Located at 4801 W Peterson Ave, Chicago, IL 60646, this six-story building boasts a prominent location at the southwest corner of Peterson Avenue and Cicero Avenue, providing excellent visibility and accessibility. Built in 1974 and extensively renovated in 2019, the property features one building with elevators and ample parking, including covered spaces. The building overlooks the Edens Expressway (I-94) and Forest Glen Forest Preserve, offering stunning views. Its convenient location is directly across from a Whole Foods Market and is served by the CTA's 54-A and 84 bus routes. Flexible suite sizes range from 538 to 3,540 square feet, accommodating a variety of business needs. The property sits on 5 acres of land and is zoned for commercial use. This location offers a unique blend of suburban tranquility and urban convenience, situated within a largely residential community featuring spacious homes and nearby parks. Multiple tenancy options are available.

• CAP approach

  CAP return

  Valuation

  6%

  $33,593,444

  6.5%

  $31,009,332

  7%

  $28,794,380

• Comparable approach

  Method

  Valuation

  Relative Method

  $14,535,900

  Geo Method

  $14,535,900

• Alternative Use

  Use

  Valuation

  Residential

  $38,451,572

  Hospitality

  $35,221,432

  Educational

  $29,303,820

  Medical

  $30,311,622

  Retail

  $45,583,720

Location Insight

City

Chicago

County

Cook

State

Illinois

Latitude

41.9894

Longitude

-87.7489

CBSA code

16980

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].