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Office Suite with Rear Parking
For Lease
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2516 W Peterson Ave, Chicago, IL 60659

Former dental office offering multiple offices, a reception area, and rear parking plus street parking.

Space SizeContact for details
Property Size1,200 SF
Days on Market1293

Property Features for 2516 W Peterson Ave

General Information

Standard status Active
Size 1,200 SF
Property subtype OFFICE
Lease Type SF/yr

Spaces For Lease

at 2516 W Peterson Ave Contact us

2516 W Peterson Ave $20/SF/Yr

Contact us
Listing Agency: Strauss Realty, Ltd.
Listed By: Patrick Duffy · License #475140988
Source: Moodyscre
Added: Jan 19, 2023 Changed: Jul 27 Last Checked: Aug 4 at 8:56AM

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.

This office space was previously used as a dental office and is configured with several individual offices and a reception area. Parking is provided in the rear, with additional street parking for visitors.

The property is located on busy W Peterson Ave, supported by both rear parking and excellent street parking access.

As an office setup with multiple rooms and a reception area, the layout is well suited for professional use that benefits from separate workspaces and a central front desk area.

Key Highlights

  • Former dental office with multiple offices and a reception area
  • Located on busy Peterson Ave with both rear parking and excellent street parking
  • Includes parking in the rear plus additional street parking

Property Analytics

Current Use

Peterson Dental Clinic Dental Office Dr. N. J. ... Alternative Medicine Practice Chau Minh Dao Dental Office

Suggested Use

Top Pick Skin Care Clinic Florist Pet Grooming Service Tattoo & Piercing Shop Veterinary Clinic (Bike/Boat/Book/etc) 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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,692
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60659, IL

40,579
Population
14,748
Households
2.8
Avg Household Size
36
Median Age
40%
College-Educated
82%
High-School Grad
2.4 sq mi
ZIP Area
16,908
Density / Sq Mi
$70,033
Median Household Income
$40,493
Median Earnings
$1,391
Median Rent
$358,800
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$27.74 /SF/Yr
Avg Asking Price
$8–$69 /SF/Yr
Price Range
17,091 SF
Avg Space Size

This space is priced 28% below the average of $27.74 /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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Similar Off Market Nearby

  • Holistic Veterinarian 6044 N Oakley Ave, Chicago, IL 60659
  • Petco Vaccination Clinic 6236 N Western Ave, Chicago, IL 60659

Frequently Asked Questions

What type of property is this?
Medical Office Space - Former dental office offering multiple offices, a reception area, and rear parking plus street parking.
Where is this medical office space located?
The property is located at 2516 W Peterson Ave Chicago, IL.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Former dental office with multiple offices and a reception area; Located on busy Peterson Ave with both rear parking and excellent street parking; Includes parking in the rear plus additional street parking
(773) 736-3600 Call to check price and availability
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