6415-6433 Ravenswood Ave.

Amazing investment opportunity! Multi-building industrial/flex property for sale in Rogers Park. Includes a three-story, two-story and one-story building with parking lot. Flexible, multi-use spaces with industrial, office, and creative-use tenants. Great location  next to the “Ravenswood Center” strip center. Easy access to major streets and only a mile away from Loyola University.

Tenants include U-Haul, Evanstonia Antiques & Restoration, and Chicago Industrial Arts and Design Center (CIADC)

This site is of historical significance; it was once home to the Chicago Radio Laboratory in the 1920s!

Parking for 30+ cars

7 loading doors total, 2 drive-in doors

Sale Price:$3,449,000

Property Tax:$74,696

Gross Income:$428,760

Total Annual Expenses:$149,697

Annual Net Op. Income:$279,063

MLS:11868942

Building Type:Investment, Industrial, Mixed Use, Office, Other

Number of Stories:3

Building Square Feet:38,504

Site Square Feet:31,878

Zoning:M1-2

Property Details

Located in Rogers Park neighborhood, just off the corner of Ravenswood & Devon Avenues.

In 2022, Rogers Park was named a “Top 5 neighborhood to live in the USA”, by Money Magazine.

Loyola University, with an annual enrollment of 17,000 students, is less than a mile away.

Culturally diverse neighborhood – 34% of residents are foreign-born.

Ranked “Very Walkable” by Walk Score.com

According to City-Data.com, Rogers Park has a higher rate of residents with Masters, Professional, and Doctorate degrees than the state average. In addition, the rate of residents that work for non-profit institutions is almost twice as high as the state average.