Renovated Loft/Creative Spaces
For Lease
$10 SF/Yr
4348 W Lake Street #2NDFLOOR, Chicago, IL 60624
Newly renovated creative spaces for lease with ample parking.
Days on Market829
Property Features for 4348 W Lake Street #2NDFLOOR
General Information
Standard status
Active
Building Details
Year Built
2020
Listing Agency:
STRAUSS REALTY LTD
(773) 736-3600
Listed By:
ADAM SCHNEIDERMAN · License #475149601
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.
Newly renovated loft and creative spaces are available for rent on the second floor of the Sloan Valve Work Shop Lofts building. Unit B offers 2613 square feet, and Unit 203 provides 4737 square feet; the total space is divisible. The building underwent a complete renovation in 2020, featuring new skylights, common area washrooms, conference rooms, kitchens, break rooms, and an outdoor courtyard. Parking is available for over 100 cars in a newly paved, fenced, and gated lot. The property includes one dock and two freight elevators. Ceiling heights range from 12 to 14 feet. The electrical capacity is 3,200 amps at 480 volts with 3-phase power. Zoned PMD9, the location is 0.5 miles from the Cicero and Pulaski Green Line stations and 1.5 miles from I-290. The property is offered for lease As Is.
Key Highlights
- Newly renovated loft/creative spaces in a fully renovated building (2020).
- Divisible space: Unit B (2613 RSF) and Unit 203 (4737 RSF) available.
- Ample parking: 100+ car parking (newly paved, fenced, and gated).
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.50 /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
Market
Lease Benchmarks for Chicago, IL
$33.1 /SF/Yr
Avg Asking Price
$20–$60 /SF/Yr
Price Range
4,754 SF
Avg Space Size
This space is priced 70% below the average of $33.1 /SF/Yr.
Vacancy Rate% for Office in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Creative space - Newly renovated creative spaces for lease with ample parking.
Where is this creative space located?
The property is located at 4348 W Lake Street #2NDFLOOR Chicago, IL.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Newly renovated loft/creative spaces in a fully renovated building (2020).; Divisible space: Unit B (2613 RSF) and Unit 203 (4737 RSF) available.; Ample parking: **100+ car parking** (newly paved, fenced, and gated).
