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4042 S Western Ave, Chicago, IL 60609

Lat/Long: 41.819839, -87.68515     Elevation: 183.21 meters
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Site Name
4042 S Western Ave, Chicago, Il 60609
Current Infrastructure
Cell Towers
SiteBid ID #
452619
Published Date
November 18, 2023
Modified Date
November 18, 2023
Data Accuracy
0.000
Site Description

4042 S Western Ave, Chicago, Il 60609 is a 3100 sqft Commercial General/Misc. property with a cell tower antenna structure. See the wireless lease estimate for this site and search for cell towers nearby.

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Site Name
4042 S Western Ave, Chicago, Il 60609
County of Record
Cook County
City
State / Province
Zip Code
Latitude:
Longitude:
Country
United States
Parcel # (APN)
19-01-215-116-0000
Metro Area (MSA)
Chicago-Naperville-Elgin, Il-In-Wi
FIPS Code
17,031
Census Tract
17,031,580,700

Census Data

The property located at 4042 S Western Ave is situated in Cook County, Illinois and has a block FIPS # of 170315807002009. Here is the most recent census data from the 2020 US Census report:
Block FIPS: 170315807002009
County FIPS: 17031
County Name: Cook County
State FIPS: 17
State Name: Illinois
Block Population (2020): 117
AMT: AMT005
BEA: BEA064
BTA: BTA078
CMA: CMA003
EAG: EAG704
IVM: IVM003
MEA: MEA018
MTA: MTA003
PEA: PEA003
REA: REA003
RPC: RPC003
VPC: VPC005
Property Type
Commercial General/Misc.
Lot Area
3,100.00sq. ft.
# of Buildings
1
Stories
1
Year Built
1,994
Year Renovated
1,998
Communications Tenant Status
Single Tenant
Communications Structure Type(s)
Other
Technology & Infrastructure

Utility Information

Utility Company: Commonwealth Edison Co
Company ID: 4110
Residential Rate: $0.1044 /kWh
Commercial Rate: $0.0405 /kWh
Industrial Rate: $0.0139 /kWh
{ "status": 1 , "walkscore": 67 , "description": "Somewhat Walkable" , "updated": "2024-08-29 00:58:24.218227" , "logo_url": "https://cdn.walk.sc/images/api-logo.png" , "more_info_icon": "https://cdn.walk.sc/images/api-more-info.gif" , "more_info_link": "https://www.redfin.com/how-walk-score-works" , "ws_link": "https://www.walkscore.com/score/loc/lat=41.819839/lng=-87.68515/?utm_source=sitebid.com&utm_medium=ws_api&utm_campaign=ws_api" , "help_link": "https://www.redfin.com/how-walk-score-works" , "snapped_lat": 41.8200 , "snapped_lon": -87.6855 }
Walk Score Logo
67
Somewhat Walkable

Vehicle Commutes

Active Transport


Commute Data

  • Total Commuters: 66,785
  • Commuters via Public Transport: 1,216
  • Commuters via Private Vehicle (Alone): 2,123
  • Commuters via Private Vehicle (Carpool): 1,486
  • Commuters via Bicycle: 270
  • Commuters Walking: 93
  • Commuters Working from Home: 177
  • Commuters via Other Means (Motorcycle, Taxi, etc.): 0
  • Commutes Over 60 Minutes: 369

No employment data found.


No employment data found.



Housing and Vacancy Data

  • Total Housing Units: 1,805
  • Occupied Housing Units: 1,641
  • Vacant Housing Units: 164
  • Owner-Occupied Units: 821
  • Renter-Occupied Units: 820
  • Vacancy Rate: 9.09%
  • Owner-Occupancy Rate: 50.03%
  • Renter-Occupancy Rate: 49.97%

No income data found.


Income Data

  • Local Median Household Income (Tract): $51,826
  • State Median Household Income: $68,428 (-24.26%)
  • National Median Household Income: $64,994 (-20.26%)

Population Growth -2.75%

Population (2010): 6,137 | Population (2020): 5,968

Population Data

  • Population (2020): 5,968
  • Population (2010): 6,137
  • Population Growth (2010-2020): -2.75%

Utility Lease Market Valuation Analysis

Cash Flow Analysis
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Net Income
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Cap Rate Range (%)
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Market Lease Comparables
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Sale Value Range ($)
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Estimated Utility Lease Rates

Estimated Utility Lease Sale Valuation

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Infrastructure Investors are actively purchasing fee simple real estate, leases, and easements on properties with active utility leases from tier-1 tenants (AT&T, Verizon, T-Mobile, etc.). Depending on the terms of the lease, the lease buyout valuations can range drastically between 16x-20x the annual lease rate for lump-sum payments and 18x-25x for structured payments.

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