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Office Suites in Lincoln Square
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4807 N Lincoln Ave, Chicago, IL 60625

Office suites for lease in Lincoln Square, positioned within a mixed-tenant lineup anchored by a Walgreens location.

Property Size729 SF
Days on Market1136

Property Features for 4807 N Lincoln Ave

General Information

Standard status Active
Size 729 SF
Property subtype RETAIL
Lease Type SF/yr
Listing Agency: Strauss Realty, Ltd.
Listed By: MJ Weinberger · License #475183341
Source: Moodyscre
Added: Jun 21, 2023 Changed: Jul 26 Last Checked: Jul 30 at 1:39PM

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 Strauss Realty, Ltd.

Investment Insights

Based on property information with market context.

Office suites are available for lease in the heart of Lincoln Square. The space is offered as part of a co-tenant environment that includes a flagship Walgreens location at Lawrence & Western, along with co-tenants Jimmy John’s and On the Road Bicycles.

The location places the office suites within an established commercial setting at 4807 N Lincoln Ave, Chicago, IL 60625, providing immediate adjacency to active retail uses through the shared tenancy mix.

Key Highlights

  • Office suites for lease in Lincoln Square
  • Located in a mixed‑tenant building anchored by a Walgreens at Lawrence & Western
  • Co‑tenants include Jimmy John’s and On the Road Bicycles

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Computer & Electronic Repair Garden Center (Bike/Boat/Book/etc) Store Catering Service Home Appliance 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

NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,989
Businesses Nearby

Demographics for 60625, IL

76,525
Population
33,932
Households
2.3
Avg Household Size
36
Median Age
54%
College-Educated
87%
High-School Grad
3.8 sq mi
ZIP Area
20,138
Density / Sq Mi
$85,299
Median Household Income
$48,314
Median Earnings
$1,455
Median Rent
$396,700
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 11% 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
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Frequently Asked Questions

What type of property is this?
Office units - Office suites for lease in Lincoln Square, positioned within a mixed-tenant lineup anchored by a Walgreens location.
Where is this office units located?
The property is located at 4807 N Lincoln Ave Chicago, IL.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Office suites for lease in Lincoln Square; Located in a mixed‑tenant building anchored by a Walgreens at Lawrence & Western; Co‑tenants include Jimmy John’s and On the Road Bicycles
(847) 334-2587 Call to check price and availability
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