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    1500 W Carroll Ave Chicago, IL 60607

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    For Lease
    $30 SF/Yr

    Loft office space in Fulton Market with modern amenities.

    Property Features for 1500 W Carroll Ave

    General Information

    Standard status
    Active

    Building Details

    Year built
    1902

    Source: STRAUSS REALTY LTD Agent ADAM SCHNEIDERMAN

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fulton Market Loft Office Space

    This second-floor loft space is located in the heart of Fulton Market West, a rapidly growing neighborhood with accessibility to downtown Chicago and trendy neighborhoods. The space features an elevator, two conference rooms, wellness rooms, bathrooms, and a kitchen. Furniture may be available. The building is within walking distance of the Ashland Pink/Green Line, steps from the Ashland Bus Stop, and offers 42 parking spaces. The location provides access to Michelin-rated restaurants and entertainment options in nearby Fulton Market and Randolph Street's Restaurant Row. The zoning is PMD-4.
    Location Intelligence

    Current Use by Public Records

    Ardmore Roderick Civil Engineer FedEx Drop Box Mailing Service The Roderick Group Engineer Unanimous Boxing Gym ... Gym Guerrero Media Company

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6645482
    Latitude
    41.8876909

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    FAQs

    What type of property is this?
    Office space - Loft office space in Fulton Market with modern amenities.
    Where is this office space located?
    The property is located at 1500 W Carroll Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: - Prime Fulton Market West location with unparalleled accessibility to downtown Chicago and trendy neighborhoods.; - Loft space includes 2 conference rooms, wellness rooms, bathrooms, and a kitchen.; - Convenient transportation options: walking distance to Ashland Pink/Green Line, steps to Ashland Bus Stop, and 42 parking spaces.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1500 W Carroll Ave Chicago, IL 60607
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