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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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 60609Current Infrastructure
Cell Towers SiteBid ID #
452619 Published Date
November 18, 2023 Modified Date
November 18, 2023 Site Description
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4042 S Western Ave, Chicago, Il 60609
Address
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: BEA064BTA: 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 CoCompany ID: 4110
Residential Rate: $0.1044 /kWh
Commercial Rate: $0.0405 /kWh
Industrial Rate: $0.0139 /kWh
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: $64,994 (-20.26%)
Population Growth -2.75%
Population (2010): 6,137 | Population (2020): 5,968
Population Data
- Population (2020): 5,968
- Population (2010): 6,137
- Population Growth (2010-2020): -2.75%
Utility Lease Market Valuation Analysis
Cash Flow Analysis
Net Income
Cap Rate Range (%)
Market Lease Comparables
Sale Value Range ($)
Request a free site valuation and no obligation cash offer.
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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The information provided is intended to be reliable but is not guaranteed.