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    315-317 N Racine Ave Chicago, IL 60607

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    For Lease
    Contact for pricing

    5,200 SF renovated office space with natural light.

    Property size:
    5,722 SF
    Lot size:
    0.52 Acres

    Property Features for 315-317 N Racine Ave

    General Information

    Size
    5,722 SF
    Lot size
    0.52 Acres

    Source: CBRE | Chicago Agent Matt Cowie

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

    Overview

    Renovated Office Space with Light

    A 5,200 SF unit is available for rent, featuring 3,500 SF on the first floor and an additional 1,700 SF on the lower level. The space is located within a renovated building that benefits from abundant natural light. The unit is equipped with an individually controlled HVAC system. AT&T fiber is supplied to the building. On-site garage parking is available for an additional cost. Security is present on site during business hours. The space is suitable for creative, loft, and general office use.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.656519
    Latitude
    41.8873448

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    FAQs

    What type of property is this?
    Office space - 5,200 SF renovated office space with natural light.
    Where is this office space located?
    The property is located at 315-317 N Racine Ave Chicago, IL.
    What are key features of this property?
    This property features: - 5,200 SF unit with 3,500 SF on 1st floor and 1,700 SF on the lower level; - Beautifully renovated building with tons of natural light; - Individually controlled HVAC system
    (312) 735-6510
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    315-317 N Racine Ave Chicago, IL 60607
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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
    315-317 N Racine Ave Chicago, IL 60607
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