Loft Office Space
For Lease
$13 SF/Yr
4348 W Lake Street #205, Chicago, IL 60624
Move-in ready loft office space with industrial character.
Space SizeContact for details
Days on Market872
Property Features for 4348 W Lake Street #205
General Information
Standard status
Active
Building Details
Year Built
2020
Listing Agency:
STRAUSS REALTY LTD
Listed By:
DEBORAH SMITH · License #475175583
(773) 736-3600
Source:
Corcoran
Added: Apr 23, 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 5,033 RSF move-in ready suite of loft offices is located on the second floor of the Sloan Valve Work Shop Lofts building. The space features 6 private offices and 2 conference rooms and is air conditioned. The building, fully renovated in 2020, retains its industrial character with exposed brick and ductwork. The renovation included new skylights, common area washrooms, conference rooms, kitchens, break rooms, and an outdoor courtyard. The property includes 100+ car parking in a newly paved, fenced, and gated lot. It also features 1 dock, 2 drive-in doors, 2 freight elevators, and a clear ceiling height of 12 to 14 feet. The property has 3,200 amps/480 volt 3-Phase power and is zoned PMD9. It is located half a mile from the Cicero or Pulaski Green Line stations and 1.5 miles from I-290, providing a 15-minute commute to downtown Chicago.
Key Highlights
- Move‑in ready 5,033 RSF loft office space.
- Recently renovated in 2020 with modern amenities while retaining industrial character (exposed brick, ductwork).
- Ample parking with 100+ car capacity (newly paved, fenced, and gated).
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.95 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,030
Businesses Nearby
Explore this area
Business Placement
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
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Market
Lease Benchmarks for Chicago, IL
$30.01 /SF/Yr
Avg Asking Price
$6–$133 /SF/Yr
Price Range
14,172 SF
Avg Space Size
This space is priced 57% below the average of $30.01 /SF/Yr.
Vacancy Rate% for Office in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Move-in ready loft office space with industrial character.
Where is this office units located?
The property is located at 4348 W Lake Street #205 Chicago, IL.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: Move‑in ready 5,033 RSF loft office space.; Recently renovated in 2020 with modern amenities while retaining industrial character (exposed brick, ductwork).; Ample parking with 100+ car capacity (newly paved, fenced, and gated).
