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Coworking Space with Shared Amenities
For Lease
$28 SF/Yr

710 E 47th Street Unit 300W, Chicago, IL 60653

Shared suites include heating, electricity, and internet service.

Space SizeContact for details
Days on Market742

Property Features for 710 E 47th Street Unit 300W

General Information

Standard status Active
Property subtype COMMERCIAL

Additional Details

Space Use Shared Office
Utilities to Site Yes

Amenities

heat
electric
internet
shared conference room
kitchenettes
lunch room

Building Details

Year Built 1925
Listing Agency: Anchor Realty Group, Inc
Listed By: Efrem Lambert · License #471004328
Source: Harkinsandassociates
Added: Aug 11, 2024 Changed: Aug 14 Last Checked: Aug 22 at 10:55AM

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 Anchor Realty Group, Inc

Investment Insights

Based on property information with market context.

Shared office suites are available in a commercial building constructed in 1925. The arrangement includes heating, electricity, and internet service, along with access to a shared conference room, kitchenettes, and a lunch room. The property is intended for commercial space use.

The offering is located at 710 E 47th Street, Unit 300W, Chicago, IL 60653, within the Bronzeville/Hyde Park area.

Key Highlights

  • Shared office suites with heating, electricity, and internet service included
  • Access to a shared conference room, kitchenettes, and lunch room
  • Located at 710 E 47th Street, Unit 300W, Chicago, IL 60653

Property Analytics

Current Use

Chicago Housing Initiative Association / Organization TMH Behavioral Services, ... Crisis Center Latosha Davis Marriage Or Relationship Counselor Knew Expectations and Associates,Inc Crisis Center

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon (Bike/Boat/Book/etc) Store Spa & Massage Center Skin Care Clinic

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

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

499
Businesses Nearby

Demographics for 60653, IL

33,146
Population
18,279
Households
1.8
Avg Household Size
37
Median Age
38%
College-Educated
90%
High-School Grad
2.4 sq mi
ZIP Area
13,811
Density / Sq Mi
$39,565
Median Household Income
$49,335
Median Earnings
$856
Median Rent
$347,800
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$42.1 /SF/Yr
Avg Asking Price
$28–$61.9 /SF/Yr
Price Range
13,176 SF
Avg Space Size

This space is priced 33% below the average of $42.1 /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?
Coworking space - Shared suites include heating, electricity, and internet service.
Where is this coworking space located?
The property is located at 710 E 47th Street Unit 300W Chicago, IL.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Shared office suites with heating, electricity, and internet service included; Access to a shared conference room, kitchenettes, and lunch room; Located at 710 E 47th Street, Unit 300W, Chicago, IL 60653
More about this property
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