Building Details

Year Built 1975

Stories 5

Units 16

Listing Agency: My Realty Chicago Inc m***@gmail.com Show Phone

Listed By: Waseem Hashlamoun · License #471012633 Show Phone

Source: Perillorealestategroup

Added: Feb 9, 2024 Changed: Aug 11 Last Checked: Aug 20 at 3:03PM

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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 property at 7601 S Kostner Avenue, Suite 304, includes substantial recent improvements to the building’s core systems and shared areas. Work includes a roof replacement, HVAC updates, and a renovated lobby. The property was built in 1975 and carries OFFIC zoning.

The building is positioned near Ford City Mall in Chicago’s 60652 ZIP code. The suite address is 7601 S Kostner Avenue #304, providing a specific office location within the property.

Key Highlights

• Roof replacement, HVAC improvements, and renovated lobby completed in recent updates
• Office property built in 1975
• Zoned OFFIC

Property Analytics

Property Profile

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

Yes

Utilities to site

NNN (Triple Net)

Lease Type

$1.65 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

607

Businesses Nearby

Explore this area Business Placement

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

$18.64 /SF/Yr

Avg Asking Price

$11–$32.5 /SF/Yr

Price Range

44,505 SF

Avg Space Size

This space is priced 41% below the average of $18.64 /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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this office buildings located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office building - Office property featuring roof improvements, HVAC upgrades, and a renovated lobby.

Where is this office building located?

The property is located at 7601 S Kostner Avenue #304 Chicago, IL.

What is the lease rate?

The lease rate is $11 SF/Yr.

What are key features of this property?

This property features: Roof replacement, HVAC improvements, and renovated lobby completed in recent updates; Office property built in 1975; Zoned OFFIC