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Built-Out Loft Flex Space
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1500 W Carroll Ave, Chicago, IL 60607

Lower-level 5,636 RSF loft with shared conference rooms, onsite parking, and rooftop deck access with WiFi.

Property Size5,636 SF
Days on Market513

Property Features for 1500 W Carroll Ave

General Information

Standard status Active
Size 5,636 SF
Property subtype OFFICE
Lease Type SF/yr

Amenities

shared conference rooms
onsite parking
rooftop deck with WiFi

Building Details

Stories 6
Construction loft
Listing Agency: Strauss Realty, Ltd.
Listed By: Adam Schneiderman · License #475149601
Source: Moodyscre
Added: Mar 4, 2025 Changed: Jul 26 Last Checked: Jul 30 at 12:44PM

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 Strauss Realty, Ltd.

Investment Insights

Based on property information with market context.

Beautifully built-out 5,636 RSF loft space is available for lease on the lower level of a six-story building. The offering includes shared conference rooms, onsite parking, and access to a rooftop deck with WiFi.

The space is described as a fit for flex, office, warehouse, production, or creative use.

The layout is presented as a loft configuration within the building, with amenities designed to support both workspace and collaboration needs.

Key Highlights

  • Lower‑level 5,636 RSF loft space for lease in a 6‑story building
  • Built‑out loft with flexible potential for office, warehouse, production, or creative use
  • Includes shared conference rooms

Property Analytics

Current Use

Ardmore Roderick Civil Engineer FedEx Drop Box Postal Service The Roderick Group Engineer Unanimous Boxing Gym ... Gym & Fitness Center Guerrero Media Distribution

Suggested Use

Top Pick Auto Parts Store Storage Facility Veterinary Clinic Grocery & Convenience Store Garden Center HVAC Service

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
$2.78 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,500
Businesses Nearby
Balanced
Demand for This Use

Demographics for 60607, IL

31,816
Population
16,540
Households
1.9
Avg Household Size
31
Median Age
81%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
13,833
Density / Sq Mi
$126,307
Median Household Income
$79,870
Median Earnings
$2,333
Median Rent
$494,300
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$70.18 /SF/Yr
Avg Asking Price
$4.5–$141 /SF/Yr
Price Range
4,230 SF
Avg Space Size

This space is priced 74% below the average of $70.18 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Lower-level 5,636 RSF loft with shared conference rooms, onsite parking, and rooftop deck access with WiFi.
Where is this flex space located?
The property is located at 1500 W Carroll Ave Chicago, IL.
What is the lease rate?
The lease rate is $18.50 SF/Yr.
What are key features of this property?
This property features: Lower‑level 5,636 RSF loft space for lease in a 6‑story building; Built‑out loft with flexible potential for office, warehouse, production, or creative use; Includes shared conference rooms
(847) 826-4467 Call to check price and availability
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