Search
Renovated Office Suite with Freight
For Lease
Contact for pricing

1240 N Homan Ave, Chicago, IL 60651

Recently renovated building offers tenant-controlled climate, two freight elevators, and loading dock access with parking deck.

Property Size1,750 SF
Days on Market684

Property Features for 1240 N Homan Ave

General Information

Standard status Active
Size 1,750 SF
Property subtype OFFICE
Lease Type SF/yr

Amenities

polished steel plate & hardwood floor options
2 freight elevators
loading dock
parking deck
heated driveway
tenant controlled climate

Building Details

Tenancy Multi
Listing Agency: Cawley Chicago
Listed By: Kalie Korpitz
Source: Moodyscre
Added: Sep 16, 2024 Changed: Jul 27 Last Checked: Jul 30 at 11:33AM

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 Cawley Chicago

Investment Insights

Based on property information with market context.

This recently renovated office building features an updated lobby and common areas. Suites include options with polished steel plate and hardwood floors, along with tenant-controlled climate in each suite for convenient day-to-day operations. The building is supported by two freight elevators and a loading dock, helping streamline move-ins and deliveries.

Parking is accommodated via a parking deck with a heated driveway, and the property is steps from the Homan/Potomac bus stop. The combination of elevator and loading functionality, along with controlled HVAC, is designed to support a range of office uses that benefit from practical access.

Available spaces are offered for lease as office units, with building common areas recently refreshed to support a clean, professional tenant experience.

Key Highlights

  • Recently renovated building lobby and common areas
  • Two (2) freight elevators with loading dock access
  • Parking deck with a heated driveway

Property Analytics

Current Use

PRINTLAB (Bike/Boat/Book/etc) Store Specimen (Bike/Boat/Book/etc) Store Sullwood, Inc. Big Box & Wholesale Store Skyline Design Production Facility Peter Bucks Fine ... Artist

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,154
Businesses Nearby

Demographics for 60651, IL

62,819
Population
22,885
Households
2.7
Avg Household Size
36
Median Age
16%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
17,948
Density / Sq Mi
$52,963
Median Household Income
$33,783
Median Earnings
$1,186
Median Rent
$262,700
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$27.06 /SF/Yr
Avg Asking Price
$6.41–$70 /SF/Yr
Price Range
15,999 SF
Avg Space Size

This space is priced 52% below the average of $27.06 /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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Recently renovated building offers tenant-controlled climate, two freight elevators, and loading dock access with parking deck.
Where is this office units located?
The property is located at 1240 N Homan Ave Chicago, IL.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: Recently renovated building lobby and common areas; Two (2) freight elevators with loading dock access; Parking deck with a heated driveway
(815) 508-8079 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message