1025 W Sunnyside Ave
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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.
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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
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 |
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1st Floor
Size | 9,415 SF |
Space Use | Office |
Condition | Full Build-Out |
Available | 60 Days |
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2nd Floor
Size | 4,675-9,415 SF |
Space Use | Office |
Condition | Full Build-Out |
Available | 60 Days |
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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)
DEMOGRAPHICS
Demographics
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
Parcel Numbers | Improvements Assessment | £2,494,587 | |
Land Assessment | £612,481 | Total Assessment | £3,107,068 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£612,481
Improvements Assessment
£2,494,587
Total Assessment
£3,107,068
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1025 W Sunnyside Ave
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