Exterior
multifamilySenior Livingcommercial
620 Oak Ave, Chicago, IL 60601
Description
Turnkey property with professional management in place. Ideal for investors seeking passive income.
Property Details
Building Size
34,236 SF
Lot Size
65,550 SF
Year Built
1966
Rent Roll
6/8 occupied| Unit | Tenant | Size (SF) | Status |
|---|---|---|---|
| Suite 100 | FedEx Office | 2,939 | Occupied |
| Suite 200 | FedEx Office | 1,782 | Occupied |
| Suite 300 | — | 4,667 | Vacant |
| Suite 400 | Subway | 1,041 | Occupied |
| Suite 500 | Subway | 1,755 | Occupied |
| Suite 600 | — | 4,729 | Vacant |
| Suite 700 | Chase Bank | 4,651 | Occupied |
| Suite 800 | Verizon | 4,254 | Occupied |
| Total | 25,818 |
For Sale
VerifiedAsking Price
$5,890,000
Cap Rate
7.3%
Net Operating Income
Pro Forma$429,970
Gross Income$601,958
Operating Expenses$171,988
Vacancy Rate6%
Occupancy: 86%
1031 EligibleListed by
David Park
developer
Last verified: 7/10/2026