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Modern Creative Space
For Lease
$29 SF/Yr

1517 W Carroll Avenue, Chicago, IL 60607

First-floor commercial space offers flexible positioning for office, showroom, or boutique retail use.

Space SizeContact for details
Days on Market9

Property Features for 1517 W Carroll Avenue

General Information

Standard status Active
Property subtype COMMERCIAL

Building Details

Year Built 1895
Listing Agency: Strauss Realty Ltd
Listed By: Adam Schneiderman · License #475149601
Source: Harkinsandassociates
Added: Aug 25 Changed: Sep 1 Last Checked: Aug 28 at 10:10AM

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.

Located at 1517 W Carroll Avenue, this first-level commercial space spans 5,000 SF and features a modern interior suited to creative office, technology-oriented operations, showroom use, or boutique retail. The building dates to 1895, adding historic character to the property’s contemporary workspace configuration.

The property provides convenient access to I-90/94 and I-290, with street parking available nearby. Public transportation options include the Ashland Pink and Green Line station within walking distance and an Ashland bus stop close to the property. Fulton Market and Randolph Street’s Restaurant Row are minutes away.

Additional space includes a 2,500 SF second-floor unit and 5,000 SF of lower-level storage or flex space.

Key Highlights

  • 5,000 SF first‑floor creative space
  • Modern interior suitable for office, showroom, technology, or boutique retail use
  • 2,500 SF second‑floor unit also available

Property Analytics

Current Use

Donna Mondi Interior ... Interior Design

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
$4.35 /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

$37.8 /SF/Yr
Avg Asking Price
$8–$96 /SF/Yr
Price Range
5,632 SF
Avg Space Size

This space is priced 23% below the average of $37.8 /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
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Frequently Asked Questions

What type of property is this?
Creative space - First-floor commercial space offers flexible positioning for office, showroom, or boutique retail use.
Where is this creative space located?
The property is located at 1517 W Carroll Avenue Chicago, IL.
What is the lease rate?
The lease rate is $29 SF/Yr.
What are key features of this property?
This property features: 5,000 SF first‑floor creative space; Modern interior suitable for office, showroom, technology, or boutique retail use; 2,500 SF second‑floor unit also available
More about this property
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