Pilsen Commercial Space For
For Lease
$18 SF/Yr
1640 West 18th Street, Chicago, IL 60608
Prime retail/office space near CTA Pink Line station.
Space Size1,892 SF
Days on Market318
Property Features for 1640 West 18th Street
General Information
Standard status
Active
Size
1,892 SF
Property subtype
Retail
Lease Term
MG
Building Details
Building Size
1,892 SF
Spaces For Lease
at 1640 West 18th Street
1640 West 18th Street
$18/SF/Yr
Size
1,892 SF
Type
Retail / Office
Term
Negotiable
Listing Agency:
SVN | Chicago - Corporate
Listed By:
Vaneesa Peeters
(970) 213-3276
Source:
Svn
Added: Nov 21, 2025
Changed: Sep 11
Last Checked: Oct 4 at 7:19AM
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 SVN | Chicago - Corporate
Investment Insights
Based on property information with market context.
This commercial space is located on 18th Street in Chicago's Pilsen neighborhood, which has been recognized for its vibrant atmosphere and public art scene. The property offers an open floor plan with natural light. The space will be delivered in vanilla box condition, featuring finished floors and one ADA-compliant restroom. A large basement area is available for storage. The location is near the CTA Pink Line 18th Street station and benefits from co-tenancy with national, regional, and local retailers and restaurants, including Athletico, Dunkin', Bank of America, Fifth Third Bank, and Family Dollar. Additional space upgrades and improvements are negotiable. The property is suitable for a cafe, retail, office, or medical use.
Key Highlights
- Prime commercial space in Pilsen, a highly desirable and internationally recognized neighborhood.
- Steps from the CTA Pink Line 18th Street station, providing excellent accessibility.
- Vanilla box condition with finished floors and ADA restroom, ready for immediate build‑out.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,050
Businesses Nearby
Explore this area
Business Placement
Demographics for 60608, IL
75,770
Population
32,617
Households
2.3
Avg Household Size
34
Median Age
34%
College-Educated
77%
High-School Grad
6.2 sq mi
ZIP Area
12,221
Density / Sq Mi
$70,704
Median Household Income
$42,211
Median Earnings
$1,208
Median Rent
$341,500
Median Home Value
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Market
Lease Benchmarks for Chicago, IL
$25.49 /SF/Yr
Avg Asking Price
$8–$114 /SF/Yr
Price Range
8,917 SF
Avg Space Size
This space is priced 29% below the average of $25.49 /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?
Retail space - Prime retail/office space near CTA Pink Line station.
Where is this retail space located?
The property is located at 1640 West 18th Street Chicago, IL.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Prime commercial space in Pilsen, a highly desirable and internationally recognized neighborhood.; Steps from the CTA Pink Line 18th Street station, providing excellent accessibility.; Vanilla box condition with finished floors and ADA restroom, ready for immediate build‑out.
