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Renovated Second-Floor Office Units
For Lease
$10.50 SF/Yr Modified Gross

197 W Chestnut St, Burlington, WI 53105

Flexible layouts support separate or combined professional office occupancy.

Space Size3,975 SF
Days on Market32

Property Features for 197 W Chestnut St

General Information

Standard status Active
Size 3,975 SF
Lease Type Modified Gross

Space & Availability

Contiguous Space 3,975 SF
Divisible Yes
Floor 2
Space Use Office
Condition Shell
Sublease No

Lease Terms

Lease Rate $10.50 /USD/SF/YR
Rent per SF/Year $10.50
Flexible Term Yes

Amenities

security
automation

Building Details

Year Built 1960
Construction brick
Listing Agency: Bear Realty Of Burlington
Listed By: Bradley M Lois · License #5800490
Source: Nikolicgroup
Added: Jul 30 Changed: Aug 28 Last Checked: Aug 29 at 12:20PM

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 Bear Realty Of Burlington

Investment Insights

Based on property information with market context.

The second floor of this all-brick building offers 3,975 square feet of renovated office space that can be configured as separate units or leased together. The suite is currently open and requires build-out, allowing the interior to be adapted for professional office use. Improvements include new HVAC, security, and automation systems.

The property includes 50+ parking stalls for occupants and visitors. Available under a Modified Gross Lease with a 3-year minimum term, the space can accommodate a range of office configurations within its second-floor layout.

Key Highlights

  • 3,975 SF of second‑floor office space
  • Divisible layout allows separate or combined units
  • Renovated with new HVAC, security, and automation

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Computer & Electronic Repair Furniture & Home Goods

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

Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

1,121
Businesses Nearby

Demographics for 53105, WI

29,654
Population
12,995
Households
2.3
Avg Household Size
44
Median Age
28%
College-Educated
94%
High-School Grad
159.5 sq mi
ZIP Area
186
Density / Sq Mi
$88,798
Median Household Income
$48,254
Median Earnings
$1,029
Median Rent
$295,100
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Flexible layouts support separate or combined professional office occupancy.
Where is this office units located?
The property is located at 197 W Chestnut St Burlington, WI.
What is the lease rate?
The lease rate is $10.50 SF/Yr.
What are key features of this property?
This property features: 3,975 SF of second‑floor office space; Divisible layout allows separate or combined units; Renovated with new HVAC, security, and automation
More about this property
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