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Versatile Flex Space Available
For Lease
$7,000/Mo

4542 West Patterson Avenue, Chicago, IL 60641

3,500 SF flex space with parking in Chicago.

Space SizeContact for details
Property Size3,500 SF
Days on Market261

Property Features for 4542 West Patterson Avenue

General Information

Standard status Active
Size 3,500 SF
Property subtype Industrial
Listing Agency: CBRE | Chicago
Listed By: Matt Cowie
Source: Cbre
Added: Nov 22, 2025 Changed: Jul 10 Last Checked: Aug 9 at 9:16AM

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 CBRE | Chicago

Investment Insights

Based on property information with market context.

A 3,500 SF flex space is available for rent. The property is located at 4542 W Patterson in Chicago. The total building size is 15,664 SF. The property has ample exclusive outdoor space available for parking, accommodating up to 20 cars, and/or outdoor storage. It offers excellent access to public transportation, being less than a 3-minute walk to the new Metra Grayland Station (Milwaukee District North Line) and I-90/94. The property is located in Chicago's 30th Ward/Alderwoman Ruth Cruz and is zoned M2-1.

Key Highlights

  • Ample exclusive outdoor space for parking (up to 20 cars) and/or outdoor storage.
  • Asking lease rate of $7,000/month (modified gross) for 3,500 SF office space.
  • Excellent access to public transportation: less than a 3 minute walk to the Metra Grayland Station (Milwaukee District North Line).

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Hotel & Motel (Bike/Boat/Book/etc) Store Veterinary Clinic

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
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,775
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60641, IL

69,354
Population
27,377
Households
2.5
Avg Household Size
37
Median Age
36%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
17,339
Density / Sq Mi
$81,649
Median Household Income
$46,376
Median Earnings
$1,249
Median Rent
$373,200
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$16.09 /SF/Yr
Avg Asking Price
$4.5–$34 /SF/Yr
Price Range
23,211 SF
Avg Space Size

This space is priced 49% above the average of $16.09 /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
Questions? Ask Rey
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Similar Off Market Nearby

  • Professional Wait Staffing Services 4836 W Irving Park Rd, Chicago, IL 60641
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  • T&W Solutions LLC 4042 N Pulaski Rd STE 1, Chicago, IL 60641
  • Best Catering 3576 N Milwaukee Ave, Chicago, IL 60641
  • Sabroso Catering 4026 N Milwaukee Ave, Chicago, IL 60641

Frequently Asked Questions

What type of property is this?
Flex space - 3,500 SF flex space with parking in Chicago.
Where is this flex space located?
The property is located at 4542 West Patterson Avenue Chicago, IL.
What is the lease rate?
The lease rate is $7,000/Mo.
What are key features of this property?
This property features: Ample exclusive outdoor space for parking (up to 20 cars) and/or outdoor storage.; Asking lease rate of $7,000/month (modified gross) for 3,500 SF office space.; Excellent access to public transportation: less than a 3 minute walk to the Metra Grayland Station (Milwaukee District North Line).
More about this property
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