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Advanced Sciences Building
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5207 South Harper Avenue, Chicago, IL 60615

State-of-the-art laboratories designed to advance innovative science.

Space SizeContact for details
Days on Market261

Property Features for 5207 South Harper Avenue

General Information

Standard status Active
Property subtype LifeSciences
Listing Agency: CBRE | Chicago
Listed By: Dan Lyne
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 9 Last Checked: Aug 9 at 10:10AM

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.

This state-of-the-art advanced sciences building is driven by the University of Chicago’s transformative science, engineering, and quantum research. It features over 300,000 square feet of state-of-the-art laboratories and is designed to advance innovative science and technologies. The building provides advanced infrastructure for science ventures, allowing ideas to launch from lab to market in a purpose-built facility equipped with modern technology, scalable space, and shared amenities. Specialized systems include triplex domestic water pressure booster pumps, lab waste and vent risers piped to shared base building, pH neutralization capabilities, a chilled water riser network, and 4,215 RSF of chemical storage. The construction features cast-in-place concrete flat slab floors with a floor load of 100 lbs PSF live loading and an 8,000 MIPS vibration velocity limit. Electrical power is provided at 15W/RSF for labs and 6.5W/RSF for offices, with emergency back-up power at 5W/RSF of lab premises. Vivarium access and a fully enclosed loading dock support deliveries with 24/7 building operations. World-class amenities include vibrant retail, including a partnership with LA Fitness, The Lawn outdoor amenities deck with grills, firepits, and views of Lake Michigan, private terraces on every floor, on-grade secure bike storage, an indoor bar and lounge, and an executive boardroom. The building is pursuing U.S. Green Building Council certification. Located in the Hyde Park neighborhood, it offers access to award-winning restaurants, art galleries, shops, and music venues, a walkable streetscape, the future Obama Presidential Center, The Museum Campus South, a short walk to Lake Michigan, 600 acres of green space, and a broad range of campus and neighborhood housing.

Key Highlights

  • State‑of‑the‑art laboratories designed to advance innovative science and technologies.
  • Advanced infrastructure for science ventures with scalable space and shared amenities.
  • Specialized systems including lab waste/vent risers, pH neutralization, and chilled water riser network.

Property Analytics

Current Use

Artisan Wall Wraps Painting Service

Suggested Use

Top Pick Auto Repair Shop Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Building Supply HVAC Service Carpet & Flooring Store

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

Location Intelligence

Trade Area within ½ mile

2,749
Businesses Nearby

Demographics for 60615, IL

43,502
Population
24,997
Households
1.7
Avg Household Size
35
Median Age
61%
College-Educated
93%
High-School Grad
2.2 sq mi
ZIP Area
19,774
Density / Sq Mi
$62,105
Median Household Income
$47,186
Median Earnings
$1,444
Median Rent
$305,200
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$27.93 /SF/Yr
Avg Asking Price
$5.5–$133 /SF/Yr
Price Range
13,686 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Office units - State-of-the-art laboratories designed to advance innovative science.
Where is this office units located?
The property is located at 5207 South Harper Avenue Chicago, IL.
What are key features of this property?
This property features: State‑of‑the‑art laboratories designed to advance innovative science and technologies.; Advanced infrastructure for science ventures with scalable space and shared amenities.; Specialized systems including lab waste/vent risers, pH neutralization, and chilled water riser network.
More about this property
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