Creative Office Space with Food-Ready
For Lease
$27.50 SF/Yr
1500 W Carroll Avenue Unit 1ST-FLOOR, Chicago, IL 60607
A flexible ground-floor suite offers food-service infrastructure within a shared-amenity office building.
Space Size945 SF - 5,080 SF
Days on Market444
Property Features for 1500 W Carroll Avenue Unit 1ST-FLOOR
General Information
Standard status
Active
Size
945 SF - 5,080 SF
Net Rentable
5,080 SF
Property subtype
COMMERCIAL
Space & Availability
Available Space
945-5,080 SF
Divisible
Yes
Floor
1
Space Use
Creative Office
Condition
Move-in Ready
Site & Location
Neighborhood
West Town
Public Transit
Yes
Amenities
shared conference rooms
onsite parking
fully secured bike storage
rooftop deck with WiFi
Building Details
Year Built
1902
Stories
6
Listing Agency:
Strauss Realty Ltd
(773) 736-3600
Listed By:
Adam Schneiderman · License #475149601
(847) 826-4467
Source:
Meridianchicago
Added: Aug 12, 2025
Changed: Oct 29
Last Checked: Oct 29 at 2:38PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This ground-floor space encompasses 5,080 RSF in a six-story creative office building and may be divided into suites of 945 RSF, 1,556 RSF, and 2,579 RSF. Improvements include epoxy flooring, floor drains, exhaust, FRP wall surfaces, and sinks, along with other food-related components. Shared building features include conference rooms, on-site parking, secured bicycle storage, and a rooftop deck with WiFi.
The property is at 1500 W. Carroll Avenue in Chicago. Transit connections include the Ashland “el” and Divvy station four blocks away, an Ashland bus stop one block away, and downtown train stations less than 2 miles away. The property is also accessible by bicycle, car, or on foot. Built in 1902.
The property is at 1500 W. Carroll Avenue in Chicago. Transit connections include the Ashland “el” and Divvy station four blocks away, an Ashland bus stop one block away, and downtown train stations less than 2 miles away. The property is also accessible by bicycle, car, or on foot. Built in 1902.
Key Highlights
- 5,080 RSF on the ground floor, with potential divisions of 945 RSF, 1,556 RSF, and 2,579 RSF
- Food‑related improvements include floor drains, exhaust, FRP walls, sinks, and epoxy flooring
- Shared conference rooms, on‑site parking, secured bike storage, and rooftop deck with WiFi
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.13 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
4,500
Businesses Nearby
Explore this area
Business Placement
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
$30.37 /SF/Yr
Avg Asking Price
$8–$72 /SF/Yr
Price Range
5,548 SF
Avg Space Size
This space is priced 9% below the average of $30.37 /SF/Yr.
Vacancy Rate% for Office in Chicago, IL
Frequently Asked Questions
What type of property is this?
Creative space - A flexible ground-floor suite offers food-service infrastructure within a shared-amenity office building.
Where is this creative space located?
The property is located at 1500 W Carroll Avenue Unit 1ST-FLOOR Chicago, IL.
What is the lease rate?
The lease rate is $27.50 SF/Yr.
What are key features of this property?
This property features: 5,080 RSF on the ground floor, with potential divisions of 945 RSF, 1,556 RSF, and 2,579 RSF; Food‑related improvements include floor drains, exhaust, FRP walls, sinks, and epoxy flooring; Shared conference rooms, on‑site parking, secured bike storage, and rooftop deck with WiFi
