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    4856 W North Ave Chicago, IL 60639

    For Lease
    $20 SF/Yr

    Commercial Lease - Chicago, IL

    Days on Market:
    103
    Last Refresh:
    Dec 15 at 8:06 am

    Property Features for 4856 W North Ave

    General Information

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

    Utilities

    Cooling system
    Multi Units, Window Unit(s)

    Building Details

    Year built
    1929
    Architectural style
    Other

    MoHall Commercial & Urban Development LLC (312) 826-9925 [email protected]

    Listing agent Moses Hall (312) 826-9925 License #471019687

    Listing date Sep 4, 2025

    MLS# 12460957 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

    Customizable Office Space on North Avenue

    Located on Chicago's North Avenue (IL-64), the property at 4856 W. North Ave offers a 635 SF office space suitable for nonprofits, professional services, community programs, and small businesses seeking an affordable West Side address. The suite features a practical layout that includes a private office, an open work area suitable for teams or client services, and an in-suite restroom. Storefront windows provide branding potential. The location is near everyday amenities and neighborhood foot traffic, with convenient street parking available for staff and visitors. The property offers quick access to Cicero Ave (IL-50) and I-290, with service from nearby CTA routes 72 (North Ave) and 54 (Cicero) providing access to clients across the city. The surrounding corridor is active and entrepreneurial, supporting organizations focused on counseling, workforce development, creative studios, boutique agencies, and administrative hubs. The owner is open to collaborating on improvements and can discuss reasonable support to align the space with program and layout needs.
    Location Intelligence

    Current Use by Public Records

    Office space

    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
    -87.748162
    Latitude
    41.909891

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    FAQs

    What type of property is this?
    Office space - Affordable Chicago office space with high visibility and flexible layout.
    Where is this office space located?
    The property is located at 4856 W North Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Affordable office space at $20/SF Modified, providing predictable expenses.; - High-visibility location on North Avenue (IL-64) with storefront windows for branding.; - Customizable 635 SF suite featuring a private office, open work area, and in-suite restroom.
    (312) 826-9925
    Request Owner's contact information
    4856 W North Ave Chicago, IL 60639
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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
    4856 W North Ave Chicago, IL 60639
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