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Two-Story Corner Office Building
For Lease
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3530 W Peterson Avenue, Chicago, IL 60659

Commercial Lease, Chicago, IL

Space SizeContact for details
Days on Market105

Property Features for 3530 W Peterson Avenue

General Information

Property type Commercial Lease
Property subtype Office
Zoning COMMR
Directions Pulaski Rd. to Peterson Ave. east to address Kimball Ave. to Peterson Ave. to address
Subdivision CHI - North Park
Standard status Active

Utilities

Cooling system Central Air

Building Details

Year built 1964
Floors in Building 2
Number of units 8
Building materials Brick
Listing Agency: Century 21 Circle · Coldwell Banker Real Estate
Listed By: Mark Ahmad · License #471007186
Added: May 14 Changed: Aug 20 Last Checked: Aug 26 at 6:06AM
MLS# 12648238

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 two-story professional office building is constructed of brick and features central air conditioning. Positioned on a corner at Peterson Avenue and Drake Avenue, the property is zoned COMMR and includes parking behind the building.

The office property is located in Chicago’s North Park neighborhood, within a short distance of I-90, I-94, and Lake Shore Drive. Shops, restaurants, and retailers are within walking distance, providing nearby commercial services for occupants and visitors. The surrounding area includes both commercial and residential development.

Key Highlights

  • Two‑story professional office building
  • Corner location at Peterson Avenue and Drake Avenue
  • Brick construction with central air

Property Analytics

Current Use

Orchard Court Partnership Orchard Hm World Travel ... Travel Agency Lee Mutual Accounting Accounting Firm Webliveapp Solutions (Bike/Boat/Book/etc) Store Medicure Supply Medical Supply Store

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Barber Shop Restaurant Catering 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
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,809
Businesses Nearby

Demographics for 60659, IL

40,579
Population
14,748
Households
2.8
Avg Household Size
36
Median Age
40%
College-Educated
82%
High-School Grad
2.4 sq mi
ZIP Area
16,908
Density / Sq Mi
$70,033
Median Household Income
$40,493
Median Earnings
$1,391
Median Rent
$358,800
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$19.11 /SF/Yr
Avg Asking Price
$11–$33 /SF/Yr
Price Range
44,268 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?
Office building - Brick professional office property with central air, rear parking, and commercial-residential surroundings.
Where is this office building located?
The property is located at 3530 W Peterson Avenue Chicago, IL.
What are key features of this property?
This property features: Two‑story professional office building; Corner location at Peterson Avenue and Drake Avenue; Brick construction with central air
More about this property
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