Renovated Loft/Office Space
For Lease
$10 SF/Yr
4348 W Lake Street #3RDFLOOR, Chicago, IL 60624
Renovated loft/office space in fully-renovated building with parking.
Days on Market829
Property Features for 4348 W Lake Street #3RDFLOOR
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.
The available space is a newly renovated loft/office located on the third floor of the Sloan Valve Workshop Lofts. Unit 303 offers 2,635 rentable square feet. The building underwent a complete renovation in 2020, which included the installation of new skylights, common area washrooms, conference rooms, kitchens, break rooms, and an outdoor courtyard. Parking is available with over 100 spaces in a newly paved, fenced, and gated lot. The property includes one dock and two freight elevators. The clear ceiling height ranges from 12 to 14 feet. It features 3,200 amps/480 volt 3-Phase power and is zoned PMD9. The property is located approximately 0.5 miles from the Cicero and Pulaski Green Line stations and 1.5 miles from I-290. The space is available for lease As Is.
Key Highlights
- Newly renovated loft/office space (2,635 RSF) in a fully renovated (2020) building.
- Abundant parking with 100+ spaces, newly paved, fenced, and gated.
- Convenient location: .5 miles to Green Line stations and 1.5 miles to I‑290.
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
$27.06 /SF/Yr
Avg Asking Price
$6.41–$70 /SF/Yr
Price Range
15,999 SF
Avg Space Size
This space is priced 63% below the average of $27.06 /SF/Yr.
Vacancy Rate% for Office in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Office units - Renovated loft/office space in fully-renovated building with parking.
Where is this office units located?
The property is located at 4348 W Lake Street #3RDFLOOR 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/office space (2,635 RSF) in a fully renovated (2020) building.; Abundant parking with 100+ spaces, newly paved, fenced, and gated.; Convenient location: .5 miles to Green Line stations and 1.5 miles to I‑290.