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Remodeled Loft in Fulton Market
For Lease
$18 SF/Yr

1500 W Carroll Avenue #LOWERLEVEL, Chicago, IL 60607

Move-in ready, remodeled loft suitable for flex, office, or warehouse.

Space SizeContact for details
Days on Market549

Property Features for 1500 W Carroll Avenue #LOWERLEVEL

General Information

Standard status Active

Building Details

Year Built 1902
Listing Agency: STRAUSS REALTY LTD
Listed By: ADAM SCHNEIDERMAN · License #475149601
Source: Corcoran
Added: Feb 21, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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.

A 5,636 square foot lower-level loft is available for lease within a six-story office building. The remodeled space is suitable for flex, office, warehouse, production, or creative uses. The property is located in the Fulton Market West neighborhood, which offers access to downtown Chicago, Fulton Market, and Randolph Restaurant Row. Shared conference rooms, on-site parking, and a rooftop deck with WiFi are available. The location is four blocks from the Ashland 'el' station and one block from the Ashland Bus, and less than two miles from downtown train stations. Maxwells Trading restaurant is nearby.

Key Highlights

  • Move‑in ready, beautifully remodeled 5,636 SF loft space.
  • Ideal for flex, office, warehouse, production, or creative use.
  • Prime location in rapidly‑growing Fulton Market West.

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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,500
Businesses Nearby

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

$29.78 /SF/Yr
Avg Asking Price
$7–$133 /SF/Yr
Price Range
14,248 SF
Avg Space Size

This space is priced 40% below the average of $29.78 /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?
Office units - Move-in ready, remodeled loft suitable for flex, office, or warehouse.
Where is this office units located?
The property is located at 1500 W Carroll Avenue #LOWERLEVEL Chicago, IL.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Move‑in ready, beautifully remodeled 5,636 SF loft space.; Ideal for flex, office, warehouse, production, or creative use.; Prime location in rapidly‑growing Fulton Market West.
More about this property
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