1825 Chicago AveRiverside, CA 92507

Property Details for 1825 Chicago Ave

Lot size

0.32 AC

Zone code

M1

Property type

Office buildings

APN

210-081-001

APU

210081001

Description

The prestigious Chicago Gateway offers exceptional executive office space in Riverside, California. This Class B building, constructed in 2006, boasts a total of 71,677 square feet spread across two stories. Currently, there are 40,568 square feet of vacant space available, divisible into units as small as 1,500 square feet and up to a contiguous 12,800 square feet, making it ideal for businesses of various sizes. The building features ample parking, with a ratio of 4 spaces per 1,000 square feet. Located at 1825-1955 Chicago Avenue, Riverside, CA 92507, this property provides convenient access to key transportation routes and amenities within Riverside County. The multiple tenancy structure allows for flexibility and a diverse business community. This is a prime opportunity to establish or expand your business in a well-maintained and strategically located office building. The building's modern design and efficient layout offer a productive and comfortable work environment. With its convenient location and flexible space options, Chicago Gateway presents a compelling opportunity for businesses seeking high-quality office space in Riverside. The property is ready for immediate occupancy. Contact us today to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $3,491,237

  6.5%

  $3,222,680

  7%

  $2,992,489

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,345,876

  Geo Method

  $4,836,772

• Alternative Use

  Use

  Valuation

  Residential

  $3,996,124

  Hospitality

  $3,660,428

  Educational

  $3,045,433

  Medical

  $3,150,170

  Retail

  $4,737,340

Location Insight

City

Riverside

County

Riverside

State

California

Latitude

33.9943

Longitude

-117.349

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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