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Single-Tenant Office Building
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1855 S Kilbourn Ave, Chicago, IL 60623

Single-tenant office building available for lease in Chicago.

Space Size26,837 SF
Days on Market159

Property Features for 1855 S Kilbourn Ave

General Information

Standard status Active
Size 26,837 SF
Net Rentable 26,837 SF
Property subtype Office, Industrial
Lease Type Net

Space & Availability

Available Space 26,837 SF
Contiguous Space 26,837 SF
Space Use Office

Building Details

Building Size 26,837 SF
Year Built 1956
Tenancy Single

Spaces For Lease

at 1855 S Kilbourn Ave Contact us

Available Space $7/SF/Yr

Size
26,837 SF
Type
Industrial, Office
Lease Type
Net
Availability
Active
Contact us
Listing Agency: Cushman & Wakefield - Rosemont, Illinois
Listed By: Mike Magliano · License #IL
Source: Crexi
Added: Mar 25 Changed: Aug 29 Last Checked: Aug 29 at 11:58PM

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 Cushman & Wakefield - Rosemont, Illinois

Investment Insights

Based on property information with market context.

This single-tenant office building offers 26,837 square feet of office space at 1855 S Kilbourn Ave in Chicago. Constructed in 1956, the property is available for lease.

Key Highlights

  • 26,837 square feet of office space
  • Single‑tenant office configuration
  • Built in 1956

Property Analytics

Current Use

Cleats Manufacturing Co Metal Fabrication Plant

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Skin Care Clinic Gym & Fitness Center Hotel & Motel

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
$1.05 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

912
Businesses Nearby

Demographics for 60623, IL

87,649
Population
31,300
Households
2.8
Avg Household Size
32
Median Age
14%
College-Educated
69%
High-School Grad
5.4 sq mi
ZIP Area
16,231
Density / Sq Mi
$44,040
Median Household Income
$32,642
Median Earnings
$1,054
Median Rent
$221,400
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$19.11 /SF/Yr
Avg Asking Price
$11–$33 /SF/Yr
Price Range
44,268 SF
Avg Space Size

This space is priced 63% below the average of $19.11 /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
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Frequently Asked Questions

What type of property is this?
Office building - Single-tenant office building available for lease in Chicago.
Where is this office building located?
The property is located at 1855 S Kilbourn Ave Chicago, IL.
What is the lease rate?
The lease rate is $7 SF/Yr.
What are key features of this property?
This property features: 26,837 square feet of office space; Single‑tenant office configuration; Built in 1956
More about this property
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