9933 Western AveChicago, IL 60643

  • Retail space
  • 9,000 SF

Property Details for 9933 Western Ave

Year built
1960
Lot size
0.07 AC
Property size (Sq ft)
9,000 SF
Property type
Retail space
Property subtype
Storefront properties
APN
25-07-300-016
APU
2507300016

Description

This exceptional executive office space, located at 9933 Western Avenue, offers 2,800 square feet of immediately available space within a larger 12,000 square foot building. The property is zoned B1-1 Retail Shopping District, providing excellent visibility and accessibility. Built in 1965, the building offers a classic aesthetic with modern functionality. The available space is perfect for a business seeking a prominent location in a thriving commercial area. This is a multiple-tenancy building, offering a collaborative and dynamic environment. The lease term is for 36 months, and utilities (gas and electric) are the responsibility of the tenant. The space is leased "as is," allowing for customization to meet specific business needs. This presents a unique opportunity to establish a presence in a high-traffic area with significant potential for growth. The ample square footage provides flexibility for various office configurations, accommodating teams of all sizes. The convenient location ensures easy access for clients and employees alike. Don't miss this chance to secure a prime office space in a desirable location. Inquire today to schedule a viewing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,251,745
    6.5%
    $3,924,688
    7%
    $3,644,353
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,954,070
    Geo Method
    $2,954,070
  • Alternative Use

    Use
    Valuation
    Residential
    $3,310,621
    Hospitality
    $3,032,511
    Educational
    $2,523,014
    Medical
    $2,609,784
    Retail
    $3,924,688

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.7125
Longitude
-87.6814
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$16,763
$10,420
$64,088
$74,508
-
$41,680
$256,352
$298,032

FAQs

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