Three-Story Walk-Up Office
For Lease
Contact for pricing
162 W Grand Ave, Chicago, IL 60654
A three-story walk-up with five offices, open area, kitchen, and bathroom, plus windows on four sides for natural light.
Space Size2,046 SF
Days on Market834
Property Features for 162 W Grand Ave
General Information
Standard status
Active
Size
2,046 SF
Net Rentable
2,000 SF
Elevators
No
Property subtype
OFFICE
Lease Type
Modified Gross
Space & Availability
Available Space
2,000 SF
Contiguous Space
2,000 SF
Space Use
Office
Private Offices
5
Amenities
kitchen
bathroom
fireplaces
lobby
exterior signage opportunities
Building Details
Year Built
1881
Stories
3
Spaces For Lease
at 162 W Grand Ave Contact us- Floor
- 2
- Size
- 2,046 SF
- Type
- OFFICE
- Lease Type
- MODIFIED_GROSS
- Availability
- AVAILABLE, 30 Days
- Sublease
- No
162 W Grand Ave $24/SF/Yr
- 5 offices, open area, kitchen, bathroom
- Constructed in 1881, this three-story...
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Contact us
Listing Agency:
Willard Jones Real Estate
(312) 263-8787
Listed By:
Jonathan Zimmerman · License #471009051
Source:
Moodyscre
Added: Jun 5, 2024
Changed: Sep 7
Last Checked: Sep 15 at 4:34AM
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 Willard Jones Real Estate
Investment Insights
Based on property information with market context.
This three-story walk-up office building offers flexible space across compact floor plates of 2,046 square feet. The layout includes five offices, an open area, a kitchen, and a bathroom, making it well suited for a tenant looking to occupy an entire individual floor. Windows on four sides bring in natural light throughout, and interior fireplaces add character. A newly created lobby helps present the space with a refreshed, welcoming arrival experience.
Constructed in 1881, the building at 162 W Grand Ave, Chicago, IL 60654 combines historic presence with updates to common areas. Exterior signage opportunities also exist, which can support branding and wayfinding for an office tenant.
Ideal for businesses seeking a complete floor, the configuration supports both private offices and shared working space within each unit floor plan.
Constructed in 1881, the building at 162 W Grand Ave, Chicago, IL 60654 combines historic presence with updates to common areas. Exterior signage opportunities also exist, which can support branding and wayfinding for an office tenant.
Ideal for businesses seeking a complete floor, the configuration supports both private offices and shared working space within each unit floor plan.
Key Highlights
- 2,046 SF compact floor plates for individual‑floor occupancy
- Five offices plus open area, kitchen, and bathroom
- Constructed in 1881
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
35,831
Businesses Nearby
Explore this area
Business Placement
Demographics for 60654, IL
23,890
Population
17,960
Households
1.3
Avg Household Size
34
Median Age
92%
College-Educated
99%
High-School Grad
0.5 sq mi
ZIP Area
47,780
Density / Sq Mi
$144,831
Median Household Income
$106,856
Median Earnings
$2,571
Median Rent
$495,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Chicago, IL
$29.42 /SF/Yr
Avg Asking Price
$4.8–$133 /SF/Yr
Price Range
16,475 SF
Avg Space Size
This space is priced 18% below the average of $29.42 /SF/Yr.
Vacancy Rate% for Office in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Office units - A three-story walk-up with five offices, open area, kitchen, and bathroom, plus windows on four sides for natural light.
Where is this office units located?
The property is located at 162 W Grand Ave Chicago, IL.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: 2,046 SF compact floor plates for individual‑floor occupancy; Five offices plus open area, kitchen, and bathroom; Constructed in 1881
