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Medical Office Suite with Elevator
For Lease
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557 W Polk St, Chicago, IL 60607

Wide open medical suite with a strong window line, ample parking, and a private elevator.

Property Size10,000 SF
Days on Market1302

Property Features for 557 W Polk St

General Information

Standard status Active
Size 10,000 SF
Property subtype OFFICE

Amenities

Ample parking
Close-in to city center
Nearby restaurants, retail, hospitality
Wide open plan
Great window line
Private elevator
Listing Agency: Colliers | Chicago Rosemont
Listed By: Vern Schultz, SIOR
Source: Moodyscre
Added: Jan 6, 2023 Changed: Jul 27 Last Checked: Jul 30 at 7:51AM

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 Colliers | Chicago Rosemont

Investment Insights

Based on property information with market context.

This medical office suite offers a wide open plan with a strong window line and includes a private elevator. The layout is designed for flexible interior planning within the suite, making it well suited for professional medical operations that benefit from light and visibility.

The property is close-in to the city center and is supported by ample parking. The surrounding area includes nearby restaurants, retail, and hospitality options.

A medical suite is available for lease at this location, with on-site parking and direct, private access via the elevator for an efficient tenant experience.

Key Highlights

  • Wide open plan medical suite with a strong window line
  • Private elevator access to the suite
  • Ample on‑site parking

Property Analytics

Current Use

Environmental Group Services ... Environmental Program Morris & Sons Clothing Store Dr. Eduardo J. ... Physician F Mc Polk Accounting Firm

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Building Supply Furniture & Home Goods Veterinary Clinic Butcher

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

Location Intelligence

Trade Area within ½ mile

8,812
Businesses Nearby
Balanced
Demand for This Use

Demographics for 60607, IL

31,816
Population
16,540
Households
1.9
Avg Household Size
31
Median Age
81%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
13,833
Density / Sq Mi
$126,307
Median Household Income
$79,870
Median Earnings
$2,333
Median Rent
$494,300
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$26.19 /SF/Yr
Avg Asking Price
$8–$69 /SF/Yr
Price Range
3,383 SF
Avg Space Size

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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Similar Off Market Nearby

  • Banfield Pet Hospital — 645 W Roosevelt Rd, Chicago, IL 60607
  • Partners Animal Hospital South Loop — 550 S Dearborn St, Chicago, IL 60605
  • PetSmart Veterinary Services (Urgent Care) - Chicago South Loop — 1101 S Canal St, Chicago, IL 60607
  • Veterinary Emergency Group — 1114 S Clinton St Unit B & C, Chicago, IL 60607
  • Petco Vaccination Clinic — 613 W Roosevelt Rd, Chicago, IL 60607

Frequently Asked Questions

What type of property is this?
Medical Office Space - Wide open medical suite with a strong window line, ample parking, and a private elevator.
Where is this medical office space located?
The property is located at 557 W Polk St Chicago, IL.
What are key features of this property?
This property features: Wide open plan medical suite with a strong window line; Private elevator access to the suite; Ample on‑site parking
(312) 613-1877 Call to check price and availability
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