Prime Location Office Space
For Lease
$50 SF/Yr
1407 W Chicago Ave, Chicago, IL 60642
Small office/co-working space in high-traffic area, short term leases.
Days on Market261
Property Features for 1407 W Chicago Ave
General Information
Standard status
Active
Listing Agency:
D4 Realty Inc
(773) 430-6406
Listed By:
David Schraufnagel
(773) 430-6406
Source:
Exprealty
Added: Nov 11, 2025
Changed: Jul 6
Last Checked: Jul 29 at 8:40PM
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 D4 Realty Inc
Investment Insights
Based on property information with market context.
This property offers a small office and co-working environment with short-term leases available and on-site management. It benefits from a prime location with high foot traffic, situated near the corner of Chicago Avenue and Noble Street. Nearby establishments include Lush Wine bar and Five Star. The property is less than half a mile from the Chicago Blue Line station, and major bus stops are located just steps from the entrance. It is also located less than a mile away from the new Bally Casino.
Key Highlights
- Prime Location: High foot traffic area near Chicago Avenue and Noble Street.
- Short term leases available.
- Less than 1/2 mile from the Chicago Blue Line station/ Major bus stops just steps from the entrance.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$7.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
4,395
Businesses Nearby
Explore this area
Business Placement
Demographics for 60642, IL
21,687
Population
12,144
Households
1.8
Avg Household Size
33
Median Age
78%
College-Educated
97%
High-School Grad
1.7 sq mi
ZIP Area
12,757
Density / Sq Mi
$141,179
Median Household Income
$90,885
Median Earnings
$2,216
Median Rent
$604,200
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$132 /SF/Yr
Avg Asking Price
$6.5–$141 /SF/Yr
Price Range
847 SF
Avg Space Size
This space is priced 62% below the average of $132 /SF/Yr.
Vacancy Rate% for Office in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Coworking space - Small office/co-working space in high-traffic area, short term leases.
Where is this coworking space located?
The property is located at 1407 W Chicago Ave Chicago, IL.
What is the lease rate?
The lease rate is $50 SF/Yr.
What are key features of this property?
This property features: Prime Location: **High foot traffic area near Chicago Avenue and Noble Street.**; Short term leases available.; Less than 1/2 mile from the Chicago Blue Line station/ **Major bus stops just steps from the entrance.**
