Office and Retail Space with High
For Lease
$27 SF/Yr
10853 S Western Avenue, Chicago, IL 60643
Versatile office and retail space on a high-traffic Western Avenue corridor in Chicago for relocating or expanding businesses.
Space SizeContact for details
Days on Market119
Property Features for 10853 S Western Avenue
General Information
Standard status
Active
Property subtype
COMMERCIAL
Building Details
Year Built
1954
Listing Agency:
Olsick Realty, Inc.
Listed By:
Timothy Olsick · License #471013075
(630) 947-6854
Source:
Dawnmckennagroup
Added: Jun 15
Changed: Oct 6
Last Checked: Oct 11 at 1:50PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Olsick Realty, Inc.
Investment Insights
Based on property information with market context.
This rental opportunity is well suited for either office use and/or retail, giving tenants flexibility in how they configure and operate their business. The offering is positioned as a turn-key business relocation or expansion option, with an emphasis on accommodating established operators.
The property is located on S Western Avenue in Chicago, where it benefits from a high traffic count. That visibility and day-to-day flow can support customer-facing activity while also serving well for businesses that rely on frequent walk-ins or regular access.
The owner is specifically seeking well established tenants looking to expand or relocate to this location. For prospective tenants considering an office-and-retail model, this site offers a practical combination of flexible use and a commercially active frontage along a heavily traveled corridor.
The property is located on S Western Avenue in Chicago, where it benefits from a high traffic count. That visibility and day-to-day flow can support customer-facing activity while also serving well for businesses that rely on frequent walk-ins or regular access.
The owner is specifically seeking well established tenants looking to expand or relocate to this location. For prospective tenants considering an office-and-retail model, this site offers a practical combination of flexible use and a commercially active frontage along a heavily traveled corridor.
Key Highlights
- Versatile office and retail space on a high‑traffic Western Ave corridor in Chicago
- Year built: 1954
- Suitable for office use and/or retail for businesses relocating or expanding
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.05 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
922
Businesses Nearby
Explore this area
Business Placement
Demographics for 60643, IL
47,831
Population
19,541
Households
2.4
Avg Household Size
44
Median Age
39%
College-Educated
93%
High-School Grad
7.4 sq mi
ZIP Area
6,464
Density / Sq Mi
$83,015
Median Household Income
$53,155
Median Earnings
$1,359
Median Rent
$233,900
Median Home Value
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Market
Lease Benchmarks for Chicago, IL
$27.29 /SF/Yr
Avg Asking Price
$4.8–$94 /SF/Yr
Price Range
15,713 SF
Avg Space Size
This space is priced 1% below the average of $27.29 /SF/Yr.
Vacancy Rate% for Office in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Office units - Versatile office and retail space on a high-traffic Western Avenue corridor in Chicago for relocating or expanding businesses.
Where is this office units located?
The property is located at 10853 S Western Avenue Chicago, IL.
What is the lease rate?
The lease rate is $27 SF/Yr.
What are key features of this property?
This property features: Versatile office and retail space on a high‑traffic Western Ave corridor in Chicago; Year built: 1954; Suitable for office use and/or retail for businesses relocating or expanding
