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Renovated Flex Space Near Conservatory
For Lease
$10 SF/Yr

4348 W Lake Street #101, Chicago, IL 60624

Warehouse/flex/loft office space in renovated Sloan Valve Workshop Lofts.

Space SizeContact for details
Days on Market735

Property Features for 4348 W Lake Street #101

General Information

Standard status Active
Listing Agency: STRAUSS REALTY LTD
Listed By: ADAM SCHNEIDERMAN · License #475149601
Source: Corcoran
Added: Aug 20, 2024 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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 STRAUSS REALTY LTD

Investment Insights

Based on property information with market context.

This 3,336 RSF warehouse/flex/loft office space is available for lease on the first level of the newly renovated Sloan Valve Workshop Lofts. The unit is set up for woodworking. Located west of Garfield Park Conservatory, the property offers ample parking and is situated 15 minutes from downtown Chicago and 5 minutes from I-290. The unit is located near the truck dock and common kitchen. An outdoor courtyard is also accessible on the first level.

Key Highlights

  • 3,336 RSF warehouse/flex/loft office space
  • Set up for woodworking
  • Ample parking available

Property Analytics

Current Use

MikSpaces Chicago Photography Service Dylan Martin Furniture Production Facility Chicago Cannabis Co. Industrial Manufacturer Connect Event Services Marketing & Advertising Space Haus Architecture Firm

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Gym & Fitness Center Skin Care Clinic Spa & Massage Center

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
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,030
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60624, IL

37,547
Population
16,250
Households
2.3
Avg Household Size
34
Median Age
13%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
10,728
Density / Sq Mi
$32,607
Median Household Income
$30,924
Median Earnings
$1,152
Median Rent
$223,200
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$17.57 /SF/Yr
Avg Asking Price
$5.5–$36 /SF/Yr
Price Range
23,708 SF
Avg Space Size

This space is priced 43% below the average of $17.57 /SF/Yr.

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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Similar Off Market Nearby

  • So Soulful Eatery 3944 W Chicago Ave, Chicago, IL 60651
  • Catering Out the Box Llc 4300 W Lake St, Chicago, IL 60624

Frequently Asked Questions

What type of property is this?
Flex space - Warehouse/flex/loft office space in renovated Sloan Valve Workshop Lofts.
Where is this flex space located?
The property is located at 4348 W Lake Street #101 Chicago, IL.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: 3,336 RSF warehouse/flex/loft office space; Set up for woodworking; Ample parking available
More about this property
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