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West Town Office Space Available
For Lease
$12 SF/Yr

2455 W Grand Avenue, Chicago, IL 60612

1,750 SF office space for lease in West Town.

Space SizeContact for details
Days on Market854

Property Features for 2455 W Grand Avenue

General Information

Standard status Active
Property subtype Commercial

Amenities

Central air
Central Individual Cooling
Listing Agency: STRAUSS REALTY LTD
Listed By: ADAM SCHNEIDERMAN · License #475149601
Source: Corcoran
Added: Apr 23, 2024 Changed: Aug 9 Last Checked: Aug 9 at 11:15AM

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.

Located on the second floor of 2455 W. Grand Ave. in West Town, this 1,750 SF office space is available for lease. The layout includes four private offices, a built-out common office area, and a kitchenette. The property is located within walking distance of the Western Avenue Metra Station, approximately one block away.

Key Highlights

  • 1,750 SF office space in West Town
  • Four private offices plus common office space and kitchenette
  • Located on the second floor of 2455 W. Grand Ave.

Property Analytics

Current Use

Grand Kahn Electric Electrical Service

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Pet Grooming Service Accounting Firm Supermarket Locksmith

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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,308
Businesses Nearby

Demographics for 60612, IL

34,402
Population
16,763
Households
2.1
Avg Household Size
34
Median Age
41%
College-Educated
89%
High-School Grad
3.7 sq mi
ZIP Area
9,298
Density / Sq Mi
$60,457
Median Household Income
$46,582
Median Earnings
$1,330
Median Rent
$331,600
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$29.78 /SF/Yr
Avg Asking Price
$7–$133 /SF/Yr
Price Range
14,248 SF
Avg Space Size

This space is priced 60% below the average of $29.78 /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
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Frequently Asked Questions

What type of property is this?
Office units - 1,750 SF office space for lease in West Town.
Where is this office units located?
The property is located at 2455 W Grand Avenue Chicago, IL.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 1,750 SF office space in West Town; Four private offices plus common office space and kitchenette; Located on the second floor of 2455 W. Grand Ave.
More about this property
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