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Office Suite with Renovated Lobby
For Lease
$11 SF/Yr

7601 S Kostner Avenue #510, Chicago, IL 60652

Renovated office suite with recent roof and HVAC updates; first six months free and tenant pays utilities only.

Days on Market902

Property Features for 7601 S Kostner Avenue #510

General Information

Standard status Active

Building Details

Year Built 1975
Listing Agency: My Realty Chicago Inc
Listed By: Waseem Hashlamoun · License #471012633
Source: Perillorealestategroup
Added: Feb 9, 2024 Changed: Jul 28 Last Checked: Jul 30 at 1:07PM

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 My Realty Chicago Inc

Investment Insights

Based on property information with market context.

This office suite is set within a very spacious property that has undergone more than $600,000 in recent updates, including a new roof, updated HVAC, and a renovated lobby. The building improvements are aimed at providing a fresh, well-maintained environment for day-to-day business operations.

The property is described as offering a great location near Ford City Mall. For additional leasing details, including availability and any other terms, please contact the listing agent.

The listing also notes a tenant incentive of the first six months free, with the tenant responsible for utilities.

Key Highlights

  • Renovated office suite in a 1975‑built property
  • Over $600,000 in recent updates, including a new roof
  • Recent HVAC updates included

Property Analytics

Current Use

Webb Kathy J Physician All Pro Truck ... Training Center CCS Cocina Calidad ... Training Center Emages Inc Physician Peace of Mind & Life ... Crisis Center

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale 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
$1.65 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

607
Businesses Nearby

Demographics for 60652, IL

40,898
Population
13,709
Households
3
Avg Household Size
37
Median Age
22%
College-Educated
81%
High-School Grad
4.8 sq mi
ZIP Area
8,520
Density / Sq Mi
$78,559
Median Household Income
$36,488
Median Earnings
$1,208
Median Rent
$235,000
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 53% below 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
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Frequently Asked Questions

What type of property is this?
Office building - Renovated office suite with recent roof and HVAC updates; first six months free and tenant pays utilities only.
Where is this office building located?
The property is located at 7601 S Kostner Avenue #510 Chicago, IL.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: Renovated office suite in a 1975‑built property; Over $600,000 in recent updates, including a new roof; Recent HVAC updates included
More about this property
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