Furnished Office Space in West
For Lease
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1240 W Chicago Ave, Chicago, IL
Ready-to-use office space in Chicago's West Town neighborhood.
Space Size9,600 SF
Lot Size0.39 Acres
Days on Market669
Property Features for 1240 W Chicago Ave
General Information
Standard status
Active
Size
9,600 SF
Lot size
0.39 Acres
Property subtype
OFFICE
Lease Type
Modified Gross
Spaces For Lease
at 1240 W Chicago Ave Contact us- Floor
- 2
- Size
- 9,600 SF
- Type
- OFFICE
- Lease Type
- MODIFIED_GROSS
- Availability
- AVAILABLE, Now
- Sublease
- No
1030 W Chicago Ave $22/SF/Yr
- Fully furnished ready-to-use office space ideal for startups, small businesses,...
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Listing Agency:
Baum Realty
(312) 666-3000
Listed By:
Owen Wiesner · License #475198918
(312) 275-3119
Source:
Moodyscre
Added: Nov 11, 2024
Changed: Sep 9
Last Checked: Sep 11 at 10:57AM
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 Baum Realty
Investment Insights
Based on property information with market context.
This fully furnished, ready-to-use office space is suitable for startups, small businesses, and expanding companies. It is located at the Chicago / Ogden / Milwaukee intersection in Chicago’s West Town neighborhood. The versatile layout features an open floor plan with various configurations, including collaborative spaces and private offices. Large windows provide abundant natural light, creating a bright and welcoming environment. The well-maintained building offers secure access. The location provides an easy commute for a diverse, skilled workforce from surrounding neighborhoods, including the West Loop, Bucktown/Wicker Park, and River North. Quick access to I-90/94 provides connectivity to the rest of the city and suburbs. Major public transit lines, including the CTA Chicago Blue Line ‘L’ station and multiple bus routes, are steps away. An on-site parking lot and ample street parking are available in the area. The property has a size of 9600 square feet and is available for rent at $22.
Key Highlights
- Prime location in Chicago's West Town neighborhood at the Chicago / Ogden / Milwaukee intersection.
- Fully furnished, ready‑to‑use office space.
- Easy access to public transportation: CTA Blue Line and multiple bus routes.
Property Analytics
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,821
Businesses Nearby
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Business Placement
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Market
Lease Benchmarks for Chicago, IL
$30.01 /SF/Yr
Avg Asking Price
$6–$133 /SF/Yr
Price Range
14,172 SF
Avg Space Size
This space is priced 27% below the average of $30.01 /SF/Yr.
Vacancy Rate% for Office in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Office units - Ready-to-use office space in Chicago's West Town neighborhood.
Where is this office units located?
The property is located at 1240 W Chicago Ave Chicago, IL.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Prime location in Chicago's West Town neighborhood at the Chicago / Ogden / Milwaukee intersection.; Fully furnished, ready‑to‑use office space.; Easy access to public transportation: CTA Blue Line and multiple bus routes.
