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Medical Office Space with Wide Frontage
For Lease
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1500 N Western Ave, Chicago, IL 60622

Move-in-ready medical space with wide frontages plus a shared surface lot with 38 parking spaces.

Space Size3,700 SF
Days on Market414

Property Features for 1500 N Western Ave

General Information

Standard status Active
Size 3,700 SF
Net Rentable 2,421 SF
Total Parking Spaces 38
Property subtype RETAIL

Space & Availability

Available Space 2,421-3,521 SF
Contiguous Space 3,521 SF
Space Use Medical Office
Condition Second Generation

Additional Details

Public Transit Yes

Spaces For Lease

at 1500 N Western Ave Contact us

1500 N Western Ave

Floor
1
Size
3,700 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Highly visible retail space in the heart of Chicago’s Wicker Park neighborhood. -...
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Listing Agency: Stone Real Estate Corp.
Listed By: John Vance
Source: Moodyscre
Added: Jul 31, 2025 Changed: Aug 8 Last Checked: Sep 16 at 8:59PM

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 Stone Real Estate Corp.

Investment Insights

Based on property information with market context.

This move-in-ready medical office space offers exceptionally wide storefront-style frontage for flexible tenant presentation. The available space includes a 3,521 SF option with approximately +/- 50’ frontage and a separate 2,421 SF option with approximately +/- 80’ frontage, supporting strong visibility at the street level. A surface parking lot with 38 shared parking spaces serves customers and tenants.

The property is positioned in Chicago’s Wicker Park neighborhood, with proximity to the Damen CTA and a dense, growing residential population. The Damen CTA reported over 1 million annual riders in 2023, and the site is steps away from the busy intersection of North Ave., Damen Ave., and Milwaukee Ave.

For second-generation medical users looking for a space with broad street frontage and convenient customer/tenant parking, these configurations provide a practical starting point.

Key Highlights

  • Move‑in‑ready medical office space
  • Frontages of +/- 50’ (3,521 SF) and +/- 80’ (2,421 SF)
  • Surface parking lot with 38 shared spaces

Property Analytics

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Current Use

Nicholas Wolfe Furniture & Home Goods Melissa Elias Styling ... Art Studio Dixon Art Services ... Freight Service Aguilar Construction Construction Company Design on the Edge Interior Design

Suggested Use

Top Pick Nursing Home Accounting Firm HVAC Service Catering Service (Bike/Boat/Book/etc) Store Home Appliance 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

Location Intelligence

Trade Area within ½ mile

4,575
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60622, IL

55,075
Population
27,630
Households
2
Avg Household Size
33
Median Age
73%
College-Educated
94%
High-School Grad
2.5 sq mi
ZIP Area
22,030
Density / Sq Mi
$124,852
Median Household Income
$76,180
Median Earnings
$1,932
Median Rent
$622,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Chicago, IL

$33.56 /SF/Yr
Avg Asking Price
$8–$94 /SF/Yr
Price Range
25,817 SF
Avg Space Size

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?
Medical Office Space - Move-in-ready medical space with wide frontages plus a shared surface lot with 38 parking spaces.
Where is this medical office space located?
The property is located at 1500 N Western Ave Chicago, IL.
What are key features of this property?
This property features: Move‑in‑ready medical office space; Frontages of +/- 50’ (3,521 SF) and +/- 80’ (2,421 SF); Surface parking lot with 38 shared spaces
(312) 782-1373 Call to check price and availability
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