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Flex Space with Dock and Drive-In Door
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1621 W Walnut St, Chicago, IL 60612

Flex space offering newly renovated office space plus warehouse area with a dock and a drive-in door.

Space Size9,200 SF
Days on Market571

Property Features for 1621 W Walnut St

General Information

Standard status Active
Size 9,200 SF
Net Rentable 9,200 SF
Total Parking Spaces 10
Property subtype FLEX_R_AND_D
Lease Type Gross

Space & Availability

Available Space 9,200 SF
Contiguous Space 9,200 SF

Site & Location

Neighborhood West Town

Warehouse & Industrial

Warehouse Space 1,700 SF
Dock-High Doors 1
Drive-In Doors 1

Spaces For Lease

at 1621 W Walnut St
1621 W Walnut St $18/SF/Yr
Floor 1
Size 9,200 SF
Type FLEX_R_AND_D
Lease Type GROSS
Availability AVAILABLE, Now
Sublease No
- /- 9,200 SF - 1,700 SF of Warehouse Space - 1 Dock / 1 Drive in Door - Newly renovated office space - 10 parking spaces (in secure lot) - + First floor space
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Listing Agency: CBRE | Chicago
Listed By: Nicole Mentone · License #475162440
Source: Moodyscre
Added: Apr 7, 2025 Changed: Oct 25 Last Checked: Oct 28 at 11:10AM

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 CBRE | Chicago

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This flex space includes 9,200 SF with 1,700 SF of warehouse space and newly renovated office space. The configuration provides one dock and one drive-in door, supporting straightforward move-in and daily operations.

The space is set up as first floor space and includes 10 parking spaces in a secure lot for tenant use.

With a mix of warehouse and office, this layout can fit businesses that need flexible day-to-day workflows and on-site space for both operations and staff work areas.

Key Highlights

  • 9,200 SF total flex space
  • 1,700 SF of warehouse space
  • 1 dock and 1 drive‑in door

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Onyxx Exotic, Sport, ... Car Rental Facility Cate McNabb Cosmetics Cosmetic Store Brian Wright, Wright ... Photography Service McNabb, LLC Marketing & Advertising TouchCR (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Bed & Breakfast Restaurant Nursing Home Clothing & Fashion Store

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

1
Dock-high doors
1
Drive-in doors
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,281
Businesses Nearby
Well-served
Demand for This Use

Demographics for 60612, IL

34,402
Population
16,763
Households
2.1
Avg Household Size
34
Median Age
41%
College-Educated
89%
High-School Grad
3.7 sq mi
ZIP Area
9,298
Density / Sq Mi
$60,457
Median Household Income
$46,582
Median Earnings
$1,330
Median Rent
$331,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Chicago, IL

$18.26 /SF/Yr
Avg Asking Price
$8–$33 /SF/Yr
Price Range
16,264 SF
Avg Space Size

This space is priced 1% below the average of $18.26 /SF/Yr.

Vacancy Rate% for Industrial in Chicago, IL

4.9% 2019
5.4% 2020
4% 2021
3.3% 2022
4.5% 2023
4.5% 2024
4.7% 2025

Similar Off Market Nearby

  • The Flora Fare — 324 N Leavitt St, Chicago, IL 60612
  • Butter and Vine — 1709 W Washington Blvd, Chicago, IL 60612
  • Occasions Chicago — 116 N Willard Ct, Chicago, IL 60607
  • Entertaining Company — 1640 W Walnut St, Chicago, IL 60612
  • Blue Plate — 1362 W Fulton St, Chicago, IL 60607

Frequently Asked Questions

What type of property is this?
Flex space - Flex space offering newly renovated office space plus warehouse area with a dock and a drive-in door.
Where is this flex space located?
The property is located at 1621 W Walnut St Chicago, IL.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 9,200 SF total flex space; 1,700 SF of warehouse space; 1 dock and 1 drive‑in door
(312) 297-7658 Call to check price and availability
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