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    240 E Lake St Addison, IL 60101

    For Lease
    $950 /Mo ($10 SF/Yr)

    Office suite in well-maintained building with ample parking.

    Property size:
    1,120 SF
    Lot size:
    1.41 Acres

    Property Features for 240 E Lake St

    General Information

    Size
    1,120 SF
    Lot size
    1.41 Acres

    Source: Murray Commercial Agent Jace Murray

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Addison Office Suite For Rent

    The 2nd Floor Office Suite features a reception area, two private offices, a large storage room, a kitchenette, and a private restroom. The suite benefits from great natural light and an open floor plan. The building is a well-maintained elevator building with ample parking for tenants and visitors. Located on E. Lake Street in Addison, IL, the property offers high visibility and signage opportunities. It is in close proximity to major highways and public transportation, providing excellent access to local amenities. The property contains 1120 square feet and flexible lease terms are available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Optimo Financial Services Accounting Firm Addison Group General Practice Attorney Star Labs Association / Organization EHS-Experts.com (Chicago) Environmental Consultant MEDITECH MEDICAL BILLING ... Medical Billing Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Addison
    County
    DuPage
    State
    Illinois
    Longitude
    -87.9937267
    Latitude
    41.9345213

    Nearby Similar for Lease

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    • $11 SF/Yr

      Addison Warehouse Space Available

      Warehouse space for sublease in Addison, DuPage County, Illinois.
      1765 W Cortland Ct, Addison, IL 60101
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    • $24 SF/Yr

      Addison Retail/Office Space Available

      In-line retail/office spaces available for immediate occupancy in Addison, IL.
      49 E Fullerton Ave, Addison, IL 60101
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    • $24 SF/Yr

      Addison Retail/Office Space Available

      Two in-line retail spaces available for immediate occupancy.
      65 E Fullerton Ave, Addison, IL 60101
      View Details
    • $1,950 /Mo
      1,000 SF

      Spacious Condo with Pond Views

      Third-floor condo featuring pond views, updated interiors, and in-unit laundry.
      730 N Briar Hill Ln, Addison, IL 60101
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    • $9 SF/Yr
      6,575 SF

      DuPage County Warehouse Space Available

      Modern Warehouse, 2,875 SF Available
      100 Fairbank St, Addison, IL 60101
      View Details

    FAQs

    What type of property is this?
    Office space - Office suite in well-maintained building with ample parking.
    Where is this office space located?
    The property is located at 240 E Lake St Addison, IL.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: - Prime location on E. Lake Street in Addison, IL; - Well-maintained elevator building; - Ample parking for tenants and visitors
    (630) 244-3272
    Request Owner's contact information
    240 E Lake St Addison, IL 60101
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    Addison, IL 60101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    240 E Lake St Addison, IL 60101
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