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1025 W Sunnyside Ave

28,245 SF Office Building Chicago, IL 60640 £4,160,452 (£147/SF)

Investment Highlights

  • Located at the signalized corner of Broadway and Sunnyside Avenue across the street from the Wilson Yard Development.
  • Features an attractive tenant mix that caters to the regional demographics.
  • Significant upside to leasing ground floor (25% of RSF) to a retail user.
  • Sunnyside Commons is also just one block away from the Wilson CTA stop which serves over two million passengers boarding from this station annually.
  • Currently owned by a non-profit and is real estate tax exempt.
  • Over 2,300 new apartment units to be delivered in Uptown within 12-36 mos.

Executive Summary

Sunnyside Commons is a fully renovated, historic office building that can be delivered vacant for an owner/user within the heart of the Uptown neighborhood of Chicago, IL. Ideally located along the heavily trafficked N. Broadway, the Property features an attractive tenant mix that caters to the regional demographics. The site is currently owned by a non-profit and is real estate tax exempt. The Building sits at the signalized corner of Broadway and Sunnyside Avenue across the street from the Wilson Yard Development, a recent development that features two residential towers, Target, Aldi, and a public parking structure. The Property greatly benefits from its location along Broadway which is a main thoroughfare bisecting the retail corridor of Uptown and connects to U.S. Route 41, which provides access to downtown Chicago, approximately eight miles south of the Property. Sunnyside Commons is also just one block away from the Wilson CTA stop which serves over two million passengers boarding from this station annually. Located roughly nine miles north of downtown, the Uptown community in Chicago stands as a dynamic and diverse urban haven, teeming with positive energy and vibrant character. Known for its inclusive atmosphere and proximity to Lake Michigan, this neighborhood appeals to a mix of residents, from young professionals to families and retirees totaling over 166,000.

Data Room Click Here to Access

Property Facts

Sale Type
Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
28,245 SF
Building Class
B
Year Built/Renovated
1929/2013
Price
£4,160,452
Price Per SF
£147
Tenancy
Single
Number of Floors
3
Typical Floor Size
9,415 SF
Slab to Slab
11 ft
Building FAR
2.24
Land Acres
0.29 AC
Zoning
B3-3
Parking
12 Spaces (0.42 Spaces per 1,000 SF Leased)

Amenities

  • Commuter Rail
  • Basement
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 9,415 SF
  • Office
  • Full Build-Out
  • 60 Days
  • 2nd Floor
  • 4,675-9,415 SF
  • Office
  • Full Build-Out
  • 60 Days
  • 3rd Floor
  • 9,415 SF
  • Office
  • Full Build-Out
  • 60 Days
Space Size Space Use Condition Available
1st Floor 9,415 SF Office Full Build-Out 60 Days
2nd Floor 4,675-9,415 SF Office Full Build-Out 60 Days
3rd Floor 9,415 SF Office Full Build-Out 60 Days

1st Floor

Size
9,415 SF
Space Use
Office
Condition
Full Build-Out
Available
60 Days

2nd Floor

Size
4,675-9,415 SF
Space Use
Office
Condition
Full Build-Out
Available
60 Days

3rd Floor

Size
9,415 SF
Space Use
Office
Condition
Full Build-Out
Available
60 Days

1st Floor

Size 9,415 SF
Space Use Office
Condition Full Build-Out
Available 60 Days

2nd Floor

Size 4,675-9,415 SF
Space Use Office
Condition Full Build-Out
Available 60 Days

3rd Floor

Size 9,415 SF
Space Use Office
Condition Full Build-Out
Available 60 Days

Walk Score ®
Walker's Paradise (94)
Transit Score ®
Excellent Transit (79)
Bike Score ®
Biker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
2020 Population
78,098
433,056
947,684
2024 Population
79,137
423,655
913,242
Population Growth '20-'24
1.3%
-2.2%
-3.6%
2020 Households
43,993
215,363
447,327
2024 Households
44,113
209,922
431,927
Household Growth '20-'24
0.3%
-2.5%
-3.4%
Average Age
39
37
38
Median Household Income
$68,394
$82,392
$86,708
Daytime Employees
21,058
141,406
337,936
Total Businesses
3,157
20,433
44,477
College Degree + Higher
60%
62%
59%
$ values in USD

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 14-17-225-004-0000
  • 14-17-225-033-0000
Land Assessment
£612,481
Improvements Assessment
£2,494,587
Total Assessment
£3,107,068
  • Listing ID: 29725892

  • Date on Market: 06/10/2023

  • Last Updated:

  • Address: 1025 W Sunnyside Ave, Chicago, IL 60640

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