Noble Square Commercial

Condo Just Off Ogden

636 N. Racine, Unit 1N | Chicago, IL

$ 315,000
Investment Highlights
1,350 SF commercial condo
Plus 1,000 SF finished basement
(excluded from unit SF)
Vintage building with 6 residences
Building fully rehabbed in 2004
Previously used as photography studio
Build-out includes reception, private
office, 2 large open rooms, employee
break room and 1.2 baths
Just off Ogden and Racine
Traffic Count: 20,000 cars on Ogden
Zoning: B3-3
Monthly Assessments: $75
Taxes (2013): $6,957

Property Highlights
This highly visible 1,350 square foot commercial condo is located at the corner
of Racine and Erie in the Noble Square
neighborhood. In addition to the 1,300 SF
storefront space, the unit includes a 1,000
SF basement. The space is built out with
several large rooms, a private office, a
reception area and an employee kitchen.
Previously, the unit was used as a photography studio.

Area Highlights
Noble Square is a small neighborhood just
northwest of the Loop. The area features
several commercial corridors, including
Ogden Ave. and Racine.
Disclaimer: Millennium Properties R/E is the owners designated agent and makes no warranties or representations as to the accuracy or completeness of the information contained herein. The information
has been obtained sources deemed reliable; however, it is up to the purchaser to conduct due diligence prior to sale.

Susan B. Silver

Executive Vice President

(312) 338 - 3001
ssilver@mpirealestate.com

$ 315,000

636 N. Racine, Unit 1N | Chicago, IL

Property Photos

Reception Area

Private Office

Large Open Area (Former Studio)

Large Open Area (Basement Storage)

Disclaimer: Millennium Properties R/E is the owners designated agent and makes no warranties or representations as to the accuracy or completeness of the information contained herein. The information
has been obtained sources deemed reliable; however, it is up to the purchaser to conduct due diligence prior to sale.

Susan B. Silver

(312) 338-3001
ssilver@mpirealestate.com

$ 315,000

636 N. Racine, Unit 1N | Chicago, IL

Demographics
Radius

1 Mile

3 Mile

5 Mile

Population:
2019 Projection

53,449

492,473

994,743

2014 Estimate

51,313

473,681

982,298

2010 Census

46,533

432,407

974,708

Growth 2014-2019

4.16%

3.97%

1.27%

Growth 2010-2014

10.27%

9.55%

0.78%

9,261

84,715

273,807

2019 Projection

27,213

250,506

443,430

2014 Estimate

26,213

239,979

435,200

2010 Census

24,055

216,140

423,945

Growth 2014 - 2019

3.81%

4.39%

1.89%

Growth 2010 - 2014

9.15%

9.27%

1.01%

Owner Occupied

12,619

97,433

166,960

Renter Occupied

13,595

142,547

268,240

2014 Average Household Income

$108,846

$98,615

$84,039

2014 Median Household Income

$83,098

$68,470

$55,581

Less than $25,000

4,869

56,135

116,292

$25,000 - $50,000

3,268

37,904

85,581

$50,000 - $75,000

3,811

34,869

65,459

$75,000 - $100,000

3,575

27,590

47,117

$100,000 - $125,000

2,500

21,353

33,989

$125,000 - $150,000

2,084

12,535

19,345

$150,000 - $200,000

2,532

18,446

26,629

Greater than $200,000

3,573

31,146

40,790

2014 Population Hispanic Origin

Households:

2014 Households by Household Income:

Disclaimer: Millennium Properties R/E is the owners designated agent and makes no warranties or representations as to the accuracy or completeness of the information contained herein. The information
has been obtained sources deemed reliable; however, it is up to the purchaser to conduct due diligence prior to sale.

Susan B. Silver

(312) 338-3001
ssilver@mpirealestate.com

$ 315,000

636 N. Racine, Unit 1N | Chicago, IL

Consumer Spending (2014)
Radius
Total Specified Consumer Spending ($)

*in $000s

1 Mile

3 Mile

5 Mile

762,411

6,496,357

10,930,853

41,388

357,623

648,469

17,573

151,916

265,229

Men's Apparel

9,671

80,292

142,154

Girl's Apparel

2,548

22,940

45,381

Boy's Apparel

1,726

15,379

30,751

Infant Apparel

1,984

17,431

32,465

Footwear

7,886

69,665

132,489

56,677

481,983

800,173

8,428

72,922

124,860

27,544

234,008

396,731

3,495

30,751

46,834

Hobbies, Pets, Toys

17,210

144,302

231,749

Total Food & Alcohol

196,066

1,689,286

2,948,626

Food at Home

92,791

819,884

1,517,930

Food Away From Home

85,714

720,663

1,190,292

Alcoholic Beverages

17,561

148,739

240,405

126,758

1,048,932

1,660,327

House Maintenance & Repair

16,703

131,416

213,320

Household Equipment & Furnishings

50,327

415,316

668,333

Household Operations

41,555

349,284

552,133

188,141

1,583,360

2,704,224

Vehicle Purchases

48,403

395,234

689,921

Vehicle Expenses

12,283

115,027

175,837

Transportation

22,722

199,818

308,153

Automotive Repair & Maintenance

20,355

165,932

280,804

33,086

295,227

503,386

21,204

184,724

308,838

Prescription Drugs

8,335

79,199

141,327

Medical Supplies

3,547

31,304

53,221

63,556

547,039

856,459

Education

40,103

349,378

557,672

Fees & Admissions

23,453

197,661

298,787

Total Apparel:
Women's Apparel

Total Entertainment, Hobbies & Pets

Entertainment
Audio & Visual Equipment/Service
Reading Materials

Total Household

Total Transportation and Maintenance

Total Health Care

Medical Services

Total Education & Day Care

Disclaimer: Millennium Properties R/E is the owners designated agent and makes no warranties or representations as to the accuracy or completeness of the information contained herein. The information
has been obtained sources deemed reliable; however, it is up to the purchaser to conduct due diligence prior to sale.

Susan B. Silver

(312) 338-3001
ssilver@mpirealestate.com

$ 315,000

636 N. Racine, Unit 1N | Chicago, IL

Consumer Spending (2019)
Radius
Total Specified Consumer Spending ($)

*in $000s

1 Mile

3 Mile

5 Mile

825,100

7,045,870

11,629,975

45,946

394,783

697,657

Women's Apparel

19,134

163,639

280,532

Men's Apparel

10,523

86,891

151,042

Girl's Apparel

3,237

28,818

53,230

Boy's Apparel

2,200

19,511

36,281

Infant Apparel

2,082

19,065

34,312

Footwear

8,769

76,858

142,261

61,056

521,082

845,490

9,199

79,711

132,811

29,532

251,965

417,385

3,662

32,411

48,767

Hobbies, Pets, Toys

18,664

156,995

246,527

Total Food & Alcohol

223,119

1,924,164

3,282,340

107,260

944,127

1,704,349

Food Away From Home

97,207

820,772

1,325,427

Alcoholic Beverages

18,651

159,265

252,563

136,365

1,138,178

1,765,136

House Maintenance & Repair

18,074

142,428

225,955

Household Equipment & Furnishings

53,232

441,420

695,129

Household Operations

45,329

388,180

601,840

183,326

1,550,168

2,616,438

Vehicle Purchases

55,408

456,216

774,810

Vehicle Expenses

14,496

136,397

204,607

Transportation

26,401

233,737

354,212

Automotive Repair & Maintenance

22,540

184,308

305,107

39,499

349,548

584,788

Medical Services

25,017

217,533

356,246

Prescription Drugs

10,284

95,176

166,955

4,198

36,838

61,587

71,971

614,430

944,838

Education

46,442

398,406

624,550

Fees & Admissions

25,529

216,024

320,289

Total Apparel:

Total Entertainment, Hobbies & Pets

Entertainment
Audio & Visual Equipment/Service
Reading Materials

Food at Home

Total Household

Total Transportation and Maintenance

Total Health Care

Medical Supplies
Total Education & Day Care

Disclaimer: Millennium Properties R/E is the owners designated agent and makes no warranties or representations as to the accuracy or completeness of the information contained herein. The information
has been obtained sources deemed reliable; however, it is up to the purchaser to conduct due diligence prior to sale.

Susan B. Silver

(312) 338-3001
ssilver@mpirealestate.com