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Two-Level Office Unit
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1650 W North Avenue, Chicago, IL 60622

Commercial Lease, Chicago, IL

Space Size2,000 SF
Lot Size0.07 Acres
Days on Market4

Property Features for 1650 W North Avenue

General Information

Property type Commercial Lease
Property subtype Retail
Zoning OFFIC
Directions Ashland Ave to North Ave West to Address
Subdivision CHI - West Town
Standard status Active
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 11333

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Cooling system Central Air

Amenities

waiting area
kitchenette/coffee bar

Building Details

Year built 1891
Floors in Building 2
Number of units 1
Flooring type Wood
Building materials Brick, Concrete
Roof type Rubber
Listing Agency: Kale Realty
Listed By: Sylvia Magallanes · License #475145088
Added: Oct 13 Last Checked: Oct 16 at 10:06PM
MLS# 12359730

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 2,000-square-foot office unit spans two levels and includes a mix of private and open office areas. A conference room, waiting area, and kitchenette support its existing office configuration. The property is currently operating as a CPA office.

Located at 1650 W North Avenue in Chicago, the building dates to 1891 and has brick and concrete construction. Interior features include wood flooring and central air. Natural gas is available, and the property connects to public sewer service.

Key Highlights

  • 2,000 square feet across two levels
  • Private and open office areas, conference room, waiting area, and kitchenette
  • Two parking spaces at the rear

Property Analytics

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Current Use

William Morales & Associates, ... Tax Preparation W & H Financial Financial Advisor

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Butcher Adult Day Care Fish Market Farmer's Market

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

Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,551
Businesses Nearby

Demographics for 60622, IL

55,075
Population
27,630
Households
2
Avg Household Size
33
Median Age
73%
College-Educated
94%
High-School Grad
2.5 sq mi
ZIP Area
22,030
Density / Sq Mi
$124,852
Median Household Income
$76,180
Median Earnings
$1,932
Median Rent
$622,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Chicago, IL

$27.16 /SF/Yr
Avg Asking Price
$4.8–$94 /SF/Yr
Price Range
15,567 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

Frequently Asked Questions

What type of property is this?
Office units - The layout combines private and open work areas with a conference room, reception space, and kitchenette.
Where is this office units located?
The property is located at 1650 W North Avenue Chicago, IL.
What are key features of this property?
This property features: 2,000 square feet across two levels; Private and open office areas, conference room, waiting area, and kitchenette; Two parking spaces at the rear
More about this property
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