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8502-1 S STONY ISLAND Avenue, Chicago, IL 60617

Commercial Lease, Chicago, IL

Space SizeContact for details
Days on Market1181

Property Features for 8502-1 S STONY ISLAND Avenue

General Information

Property type Commercial Lease
Property subtype Office
Directions NORTH OR SOUTH ON STONY ISLAND TO BUILDING. ON THE WEST SIDE OF THE STREET.
Subdivision CHI - Avalon Park
Standard status Active

Building Details

Year built 1927
Floors in Building 3
Listing Agency: Realty One Group Heartland
Listed By: Shiree Booker · License #475148177
Added: May 31, 2023 Changed: Aug 20 Last Checked: Aug 23 at 7:06PM
MLS# 11796135

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.

Office units are available for lease in a building constructed in 1927 and recently updated. The space is identified for insurance companies, tax offices, and nonprofit organizations.

The property is located at 8502-1 S Stony Island Avenue in Chicago, Illinois 60617.

Key Highlights

  • Recently updated office space
  • Located at 8502‑1 S Stony Island Avenue, Chicago, IL 60617
  • Constructed in 1927

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Law Firm Building Supply HVAC Service Gym & Fitness Center (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

978
Businesses Nearby

Demographics for 60617, IL

77,270
Population
35,031
Households
2.2
Avg Household Size
39
Median Age
20%
College-Educated
82%
High-School Grad
13.7 sq mi
ZIP Area
5,640
Density / Sq Mi
$51,237
Median Household Income
$36,926
Median Earnings
$1,010
Median Rent
$168,200
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$29.31 /SF/Yr
Avg Asking Price
$6.8–$133 /SF/Yr
Price Range
13,714 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
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Frequently Asked Questions

What type of property is this?
Office units - Lease space is identified for insurance, tax, and nonprofit office users.
Where is this office units located?
The property is located at 8502-1 S STONY ISLAND Avenue Chicago, IL.
What are key features of this property?
This property features: Recently updated office space; Located at 8502‑1 S Stony Island Avenue, Chicago, IL 60617; Constructed in 1927
More about this property
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