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Second-Floor Loft Flex Space
New
For Lease
$30 SF/Yr

1517 W Carroll Avenue, Chicago, IL 60607

Bright workspace with skylights, kitchen, private bathroom, and freight elevator access.

Space Size2,500 SF
Days on Market3

Property Features for 1517 W Carroll Avenue

General Information

Standard status Active
Size 2,500 SF
Net Rentable 2,500 SF
Elevators Yes
Property subtype Commercial

Space & Availability

Available Space 2,500 SF
Contiguous Space 2,500 SF
Floor 2
Space Use Flex

Site & Location

Highway Access Yes
Public Transit Yes

Warehouse & Industrial

Clear Height 14 ft
Sprinkler System Yes

Amenities

skylights
kitchen
private bathroom
freight elevator
Central air
Rubber Roof
Window Unit(s) Cooling

Building Details

Year Built 1895
Listing Agency: STRAUSS REALTY LTD
Listed By: ADAM SCHNEIDERMAN · License #475149601
Source: Corcoran
Added: Aug 18 Changed: Aug 20 Last Checked: Aug 20 at 4:08AM

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.

This 2,500 SF second-floor flex space combines an open loft-style layout with a separate elevated area, 14' ceilings, skylights, and modern finishes. The suite includes a kitchen, private bathroom, sprinkler system, and freight elevator, with abundant natural light throughout. Built in 1895, the property offers a distinctive commercial setting for creative office, artists, graphic design, event planning, light manufacturing, and related uses.

The space is in Fulton Market West at 1517 W Carroll Avenue, with street parking and convenient connections to I-90/94 and I-290. The Ashland Pink/Green Line is within walking distance, and the Ashland bus stop is nearby. Fulton Market and Randolph Street's Restaurant Row are minutes away.

Key Highlights

  • 2,500 SF second‑floor flex space with a lofted area
  • 14' ceilings and skylights provide natural light
  • Kitchen, private bathroom, sprinkler system, and freight elevator

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

14 ft
Clear height
Yes
Sprinkler system
Yes
Highway access
NNN (Triple Net)
Lease Type
$4.50 /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

$16.83 /SF/Yr
Avg Asking Price
$6–$34 /SF/Yr
Price Range
24,022 SF
Avg Space Size

This space is priced 78% above the average of $16.83 /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?
Flex space - Bright workspace with skylights, kitchen, private bathroom, and freight elevator access.
Where is this flex space located?
The property is located at 1517 W Carroll Avenue Chicago, IL.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: 2,500 SF second‑floor flex space with a lofted area; 14' ceilings and skylights provide natural light; Kitchen, private bathroom, sprinkler system, and freight elevator
More about this property
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