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    4501 S Western Blvd Chicago, IL 60609

    For Lease
    $7,000,000

    Large office space with exposed brick and convenient parking.

    Property size:
    40,388 SF
    Lot size:
    4.01 Acres

    Property Features for 4501 S Western Blvd

    General Information

    Size
    40,388 SF
    Lot size
    4.01 Acres

    Source: Avison Young | Suburban Chicago Agent Michael Fonda, SIOR

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

    Overview

    Spacious Office with Brick Interiors

    This property features substantial 34,364 square foot floorplates with 19’4”x16’ column spacing. The interiors showcase exposed brick and timber, complemented by high ceilings. A parking lot provides 55 spaces. The location offers access to transportation corridors, including I-55 and I 90/94, as well as nearby rail lines. The property is suitable for logistics, office, and light manufacturing purposes. The property has a total size of 40,388 square feet.
    Location Intelligence

    Current Use by Public Records

    555 International Interior Designer

    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
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6832436
    Latitude
    41.8118733

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    FAQs

    What type of property is this?
    Office space - Large office space with exposed brick and convenient parking.
    Where is this office space located?
    The property is located at 4501 S Western Blvd Chicago, IL.
    What are key features of this property?
    This property features: - Massive 34,364 SF floorplates; - Parking lot with 55 spaces; - Excellent access to major transportation corridors (I-55, I 90/94, rail)
    (847) 420-3228
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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
    4501 S Western Blvd Chicago, IL 60609
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