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Second-Floor Office Suite
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1621 W Walnut St, Chicago, IL 60612

Second-floor office space available for lease at 1621 W Walnut St.

Property Size4,000 SF
Days on Market480

Property Features for 1621 W Walnut St

General Information

Standard status Active
Size 4,000 SF
Property subtype FLEX_R_AND_D
Lease Type SF/mo
Listing Agency: CBRE | Chicago
Listed By: Nicole Mentone
Source: Moodyscre
Added: Apr 7, 2025 Changed: Jul 28 Last Checked: Jul 30 at 1:24PM

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 CBRE | Chicago

Investment Insights

Based on property information with market context.

This second-floor office space offers approximately 4,000 square feet, configured for commercial office use. The space is available for lease at $6,000 per month.

The property is located at 1621 W Walnut St in Chicago, IL 60612. Access and building details beyond the second-floor placement are not provided in the available information.

For more information or to schedule a tour, please contact the listing broker.

Key Highlights

  • Second‑floor office space available at 1621 W Walnut St.
  • 4,000 SF second‑floor office space
  • $6,000 per month lease rate

Property Analytics

Current Use

Onyxx Exotic, Sport, ... Car Rental Facility Cate McNabb Cosmetics Cosmetic Store Brian Wright, Wright ... Photography Service McNabb, LLC Marketing & Advertising TouchCR (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Restaurant Bed & Breakfast Clothing & Fashion Store Nursing Home

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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,281
Businesses Nearby

Demographics for 60612, IL

34,402
Population
16,763
Households
2.1
Avg Household Size
34
Median Age
41%
College-Educated
89%
High-School Grad
3.7 sq mi
ZIP Area
9,298
Density / Sq Mi
$60,457
Median Household Income
$46,582
Median Earnings
$1,330
Median Rent
$331,600
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 33% 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 - Second-floor office space available for lease at 1621 W Walnut St.
Where is this office units located?
The property is located at 1621 W Walnut St Chicago, IL.
What is the lease rate?
The lease rate is $6,000 /Mo.
What are key features of this property?
This property features: Second‑floor office space available at 1621 W Walnut St.; 4,000 SF second‑floor office space; $6,000 per month lease rate
(312) 297-7658 Call to check price and availability
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