Building Details

Year Built 1920

Listing Agency: BAIRD & WARNER i***@bairdwarner.com Show Phone

Listed By: ITAMAR STEINER

Source: Corcoran

Added: Sep 19, 2024 Changed: Mar 16 Last Checked: Mar 16 at 9:35AM

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Investment Insights

Based on property information with market context.

Office space is available for rent at a property located at 1520 W Chicago Avenue #STORE, Chicago, IL 60642.

Key Highlights

• Office space available for rent.
• Located in the heart of Chicago, IL.
• Year Built: 1920

Property Analytics

Property Profile

Current Use

Julia Center Charitable Organization

Suggested Use

Top Pick Nursing Home Carpet & Flooring Store Adult Day Care (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon

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

Location Intelligence

Trade Area within ½ mile

4,263

Businesses Nearby

Explore this area Business Placement

Demographics for 60642, IL

21,687

Population

12,144

Households

1.8

Avg Household Size

33

Median Age

78%

College-Educated

97%

High-School Grad

1.7 sq mi

ZIP Area

12,757

Density / Sq Mi

$141,179

Median Household Income

$90,885

Median Earnings

$2,216

Median Rent

$604,200

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

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office units - Office space available for rent in Chicago, IL.

Where is this office units located?

The property is located at 1520 W Chicago Avenue #STORE Chicago, IL.

What are key features of this property?

This property features: Office space available for rent.; Located in the heart of Chicago, IL.; Year Built: 1920