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1955 Chicago Ave

34,531 SF Vacant Office Building Riverside, CA 92507 $6,734,000 ($195/SF)

Investment Highlights

  • Excellent visibility on Chicago Avenue within the beautifully landscaped, master planned, +160,000 square foot Chicago Gateway campus.
  • Easily accessed 4:1 parking providing ample parking for employees and visitors.
  • 54% Available
  • Great Access to 60, 91 and 215 Freeways and only 17 miles from Ontario International Airport.
  • High quality interior improvements built with a very functional and flexible floorplan to accommodate your specific needs

Executive Summary

1955 Chicago Avenue at Chicago Gateway is a rare opportunity to acquire a highly desirable owner/ user office condominium building in Riverside, CA at an exceptionally low basis . This two-story office consisting of +34,531 square feet is located in the heart of Riverside in
the Hunter Park market, near Restaurants, Retail, the University of California at Riverside, and Downton Riverside. As an owner, you would immediately be able to occupy up to +34,531 square feet within the building. Currently 54% Available.

Property Facts

Sale Type
Owner User
Property Type
Office
Building Size
34,531 SF
Building Class
B
Year Built
2006
Price
$6,734,000
Price Per SF
$195
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
17,266 SF
Slab To Slab
12’
Building FAR
0.58
Lot Size
1.37 AC
Opportunity Zone
Yes
Zoning
M2 - commercial
Parking
80 Spaces (2.32 Spaces per 1,000 SF Leased)

Amenities

  • Security System
  • Central Heating
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 110
  • 2,327 SF
  • Office
  • Shell Space
  • Now

Shell Space

  • 1st Fl-Ste 120
  • 8,189 SF
  • Office
  • Shell Space
  • Now

Shell Space

  • 2nd Fl-Ste 240
  • 8,194 SF
  • Office
  • Shell Space
  • Now

Shell Space

Space Size Space Use Condition Available
1st Fl-Ste 110 2,327 SF Office Shell Space Now
1st Fl-Ste 120 8,189 SF Office Shell Space Now
2nd Fl-Ste 240 8,194 SF Office Shell Space Now

1st Fl-Ste 110

Size
2,327 SF
Space Use
Office
Condition
Shell Space
Available
Now

1st Fl-Ste 120

Size
8,189 SF
Space Use
Office
Condition
Shell Space
Available
Now

2nd Fl-Ste 240

Size
8,194 SF
Space Use
Office
Condition
Shell Space
Available
Now

1st Fl-Ste 110

Size 2,327 SF
Space Use Office
Condition Shell Space
Available Now

Shell Space

1st Fl-Ste 120

Size 8,189 SF
Space Use Office
Condition Shell Space
Available Now

Shell Space

2nd Fl-Ste 240

Size 8,194 SF
Space Use Office
Condition Shell Space
Available Now

Shell Space

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
210-081-002
Land Assessment
$617,356
Improvements Assessment
$6,137,513
Total Assessment
$6,754,869
  • Listing ID: 31342919

  • Date on Market: 3/27/2024

  • Last Updated:

  • Address: 1955 Chicago Ave, Riverside, CA 92507

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