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New Construction Office Building
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4537-4543 N Clark St, Chicago, IL 60640

2024-built office building with private covered outdoor space and heated garage parking spaces available.

Property Size3,581 SF
Days on Market518

Property Features for 4537-4543 N Clark St

General Information

Standard status Active
Size 3,581 SF
Total Parking Spaces 3
Property subtype OFFICE
Zoning C1-2
Lease Type SF/yr

Amenities

private covered outdoor space
heated garage parking

Building Details

Year Built 2024
Listing Agency: Strauss Realty, Ltd.
Listed By: Craig Wolf · License #475163046
Source: Moodyscre
Added: Mar 3, 2025 Changed: Jul 27 Last Checked: Aug 2 at 2:32PM

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.

New construction, luxury condo building completed in 2024, offered for rent as an office building. The property includes approximately 100 feet of frontage and a bonus 623 SF private covered outdoor space. Three heated garage parking spaces are available for lease or sale for $30,000 each.

The building is located one block south of Chase Park and directly across from Walgreens and Staples. It is about 0.5 miles to Ravenswood Metra and several CTA L-stops, supporting convenient commuter access.

The property has C1-2 zoning with various uses permitted “by right,” which can simplify planning for qualifying office-related uses.

Key Highlights

  • New construction luxury condo building built in 2024
  • 100’ of frontage
  • 623 SF private covered outdoor space

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Electrical Service Auto Parts Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith Home Appliance 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
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,121
Businesses Nearby

Demographics for 60640, IL

65,941
Population
40,850
Households
1.6
Avg Household Size
38
Median Age
63%
College-Educated
92%
High-School Grad
2.4 sq mi
ZIP Area
27,475
Density / Sq Mi
$71,030
Median Household Income
$59,264
Median Earnings
$1,374
Median Rent
$363,300
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$23.25 /SF/Yr
Avg Asking Price
$16–$32.5 /SF/Yr
Price Range
112,327 SF
Avg Space Size

This space is priced 20% above the average of $23.25 /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 - 2024-built office building with private covered outdoor space and heated garage parking spaces available.
Where is this office building located?
The property is located at 4537-4543 N Clark St Chicago, IL.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: New construction luxury condo building built in 2024; 100’ of frontage; 623 SF private covered outdoor space
(847) 989-9653 Call to check price and availability
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