Free Standing Flex
For Lease
Contact for pricing
1516 W Adams St, Chicago, IL
Flex space with shared parking and expressway access.
Space Size4,630 SF
Lot Size0.22 Acres
Days on Market394
Property Features for 1516 W Adams St
General Information
Standard status
Active
Size
4,630 SF
Lot size
0.22 Acres
Property subtype
FLEX_R_AND_D
Lease Type
Modified Gross
Spaces For Lease
at 1516 W Adams St Contact us- Floor
- 1
- Size
- 4,630 SF
- Type
- FLEX_R_AND_D
- Lease Type
- MODIFIED_GROSS
- Availability
- AVAILABLE, Now
- Sublease
- No
1516 W Adams St $19.50/SF/Yr
- Free standing building offers shared parking for 34 vehicles, quick access to the...
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Listing Agency:
Jameson Commercial
(312) 216-8000
Listed By:
Robert E. Thomas
(312) 216-8000
Source:
Moodyscre
Added: Jul 23, 2025
Changed: Aug 8
Last Checked: Aug 19 at 2:39PM
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 Jameson Commercial
Investment Insights
Based on property information with market context.
This free-standing flex space building offers approximately 4,630 square feet. It features shared parking for 34 vehicles and quick access to the expressway system at Ashland Avenue. Public transportation is available 24/7 via the CTA Blue Line and Green Line at Ashland and Jackson. The property includes an 87-foot over-the-road dock and a ceiling height of 10 feet 10 inches. Separately metered utilities are in place, along with two toilets, one of which includes a shower. On-site management is provided.
Key Highlights
- Quick access to expressway system at Ashland Avenue
- Shared parking for 34 vehicles
- 24/7 CTA service via Blue Line, Green Line, Ashland and Jackson
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.93 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
7,833
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Market
Lease Benchmarks for Chicago, IL
$16.83 /SF/Yr
Avg Asking Price
$6–$34 /SF/Yr
Price Range
24,022 SF
Avg Space Size
This space is priced 16% above the average of $16.83 /SF/Yr.
Vacancy Rate% for Industrial in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Flex space - Flex space with shared parking and expressway access.
Where is this flex space located?
The property is located at 1516 W Adams St Chicago, IL.
What is the lease rate?
The lease rate is $19.50 SF/Yr.
What are key features of this property?
This property features: Quick access to expressway system at Ashland Avenue; Shared parking for 34 vehicles; 24/7 CTA service via Blue Line, Green Line, Ashland and Jackson
