Renovated Office Suite with
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
(815) 508-8079
Listed By:
Kalie Korpitz
(815) 508-8079
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.
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
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
Explore this area
Business Placement
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
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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