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Updated Office Building Suite
For Lease
$11 SF/Yr

7601 S Kostner Avenue #110, Chicago, IL 60652

Office suite within a property featuring a renovated lobby and recent roof and HVAC improvements.

Space SizeContact for details
Days on Market907

Property Features for 7601 S Kostner Avenue #110

General Information

Standard status Active

Building Details

Year Built 1975
Listing Agency: My Realty Chicago Inc
Listed By: Waseem Hashlamoun · License #471012633
Source: Perillorealestategroup
Added: Feb 9, 2024 Changed: Jul 26 Last Checked: Aug 3 at 12:44PM

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 My Realty Chicago Inc

Investment Insights

Based on property information with market context.

This office suite is available within an updated office building. Recent improvements total more than $600,000, including a new roof, HVAC upgrades, and a renovated lobby.

The property is located near Ford City Mall, with a “great location” positioning called out in the listing remarks. For leasing terms, the first six months are free with the tenant responsible for utilities only, and additional details are available through the listing agent.

Key Highlights

  • Year built: 1975
  • Over $600,000 in recent updates, including a new roof
  • Recent HVAC improvements

Property Analytics

Current Use

Webb Kathy J Physician All Pro Truck ... Training Center CCS Cocina Calidad ... Training Center Emages Inc Physician Peace of Mind & Life ... Crisis Center

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store

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

NNN (Triple Net)
Lease Type
$1.65 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

607
Businesses Nearby

Demographics for 60652, IL

40,898
Population
13,709
Households
3
Avg Household Size
37
Median Age
22%
College-Educated
81%
High-School Grad
4.8 sq mi
ZIP Area
8,520
Density / Sq Mi
$78,559
Median Household Income
$36,488
Median Earnings
$1,208
Median Rent
$235,000
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$18.58 /SF/Yr
Avg Asking Price
$11–$32.5 /SF/Yr
Price Range
42,869 SF
Avg Space Size

This space is priced 41% below the average of $18.58 /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
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Frequently Asked Questions

What type of property is this?
Office building - Office suite within a property featuring a renovated lobby and recent roof and HVAC improvements.
Where is this office building located?
The property is located at 7601 S Kostner Avenue #110 Chicago, IL.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: Year built: 1975; Over $600,000 in recent updates, including a new roof; Recent HVAC improvements
More about this property
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