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Music Rehearsal Office Suites
For Lease
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2217 W Ferdinand Street, Chicago, IL 60642

COMMERCIAL - Chicago, IL

Space Size100 SF - 300 SF
Days on Market21

Property Features for 2217 W Ferdinand Street

General Information

Property type Commercial Lease
Property subtype Office
Directions Ferdinand is just south of Grand. It looks like an alley, so look for the street sign.
Subdivision CHI - West Town
Standard status Active

Utilities

Cooling system Central Air

Amenities

heat
AC
electric
WiFi
security
weekly cleaning
sound-dampened rooms
24 hour access
climate controlled
clean bathrooms
professionally managed

Building Details

Year built 1920
Floors in Building 1
Number of units 40
Flooring type Concrete
Listing Agency: ProCasa Realty, Ltd.
Listed By: Loyda Paredes · License #471006928
Added: Jul 23 Changed: Aug 4 Last Checked: Aug 12 at 2:06PM
MLS# 12714154

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This for-rent rehearsal space offers sound-dampened, climate-controlled rooms inside a clean and secure building. Several room options are available, with suites sized from 100 to 300 square feet. The space is designed strictly for rehearsal use and is not for living.

The monthly setup includes heat, AC, electric, WiFi, and security, along with weekly cleaning of common areas and bathrooms. The building provides 24-hour access and includes clean, climate-controlled bathrooms. The common areas are maintained through professional management, and there are no additional monthly fees beyond rent. Tenants bring their own equipment, as it is not provided.

Key Highlights

  • Music rehearsal space for rent in a clean, secure building
  • Sound‑dampened rooms with 24‑hour access
  • Several room options ranging from 100–300 SF

Property Analytics

Current Use

SoundSpace Chicago Recording Studio

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Accounting Firm Supermarket Tanning Salon Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,894
Businesses Nearby

Demographics for 60642, IL

21,687
Population
12,144
Households
1.8
Avg Household Size
33
Median Age
78%
College-Educated
97%
High-School Grad
1.7 sq mi
ZIP Area
12,757
Density / Sq Mi
$141,179
Median Household Income
$90,885
Median Earnings
$2,216
Median Rent
$604,200
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$35.2 /SF/Yr
Avg Asking Price
$8–$120 /SF/Yr
Price Range
5,766 SF
Avg Space Size

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Creative space - Sound-dampened, climate-controlled rehearsal suites with 24-hour access in a clean, professionally managed building.
Where is this creative space located?
The property is located at 2217 W Ferdinand Street Chicago, IL.
What are key features of this property?
This property features: Music rehearsal space for rent in a clean, secure building; Sound‑dampened rooms with 24‑hour access; Several room options ranging from 100–300 SF
More about this property
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