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    1513 E 53Rd St Chicago, IL 60615

    For Lease
    $40 SF/Yr

    Office - Chicago, IL

    Type:Office
    Days on Market:
    65
    Last Refresh:
    Dec 6 at 8:06 am

    Property Features for 1513 E 53Rd St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Standard status
    Active
    Zoning
    COMMR

    Utilities

    Cooling system
    Multi Units, Window Unit(s)

    Building Details

    Year built
    1900
    Number of units
    2
    Flooring type
    Wood
    Architectural style
    Other

    Prince Realty Group (773) 329-6648 [email protected]

    Listing agent Carlas Gilbert (773) 329-6648 License #471018028

    Listing date Oct 3, 2025

    MLS# 12480620 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Furnished Offices in Hyde Park

    This sublease office space is located in the heart of Hyde Park's downtown district and offers an opportunity for business growth. The space includes 3 fully furnished private offices of varying sizes, 1 bath, and 1 parking pass, with 24-hour secure access. The location is positioned above Garrett's Popcorn and surrounded by a mix of shops, dining, cultural attractions, and professional services. It is located steps from the University of Chicago and minutes from the Museum of Science and Industry. The location on 53rd Street combines a quiet, professional atmosphere with the energy of a cosmopolitan community.
    Location Intelligence

    Current Use by Public Records

    ParkChicago #381608 Public Parking Space CEI Media Group Marketing Agency AmeriCash Loans Loan Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.5886052
    Latitude
    41.7993453

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    FAQs

    What type of property is this?
    Office space - Furnished office space in vibrant Hyde Park, Chicago.
    Where is this office space located?
    The property is located at 1513 E 53Rd St Chicago, IL.
    What is the lease rate?
    The lease rate is $40 SF/Yr.
    What are key features of this property?
    This property features: - Prime Hyde Park location in the heart of the vibrant downtown district.; - Three fully furnished private offices of varying sizes.; - Includes one parking pass and 24-hour secure access.
    (773) 329-6648
    Request Owner's contact information
    1513 E 53Rd St Chicago, IL 60615
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    Chicago, IL 60615
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1513 E 53Rd St Chicago, IL 60615
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