Search
Bronzeville Commercial Condo For Lease
For Lease
$40 SF/Yr
Pending

215 E 31st Street, Chicago, IL 60616

Commercial condo in Bronzeville available for lease with open layout.

Space SizeContact for details
Days on Market276

Property Features for 215 E 31st Street

General Information

Standard status Pending
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $6,297

Amenities

Central air
Central Individual Cooling

Building Details

Year Built 1980
Listing Agency: SPERRY VAN NESS
Listed By: MARCUS SULLIVAN · License #475139568
Source: Corcoran
Added: Nov 21, 2025 Changed: Aug 8 Last Checked: Jul 23 at 8:37AM

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 SPERRY VAN NESS

Investment Insights

Based on property information with market context.

This commercial condo in Bronzeville is available for lease. The zoning allows for a number of different commercial uses. The space features an open layout with high ceilings and large windows that provide natural light. The space can accommodate a number of different users. The property has close proximity to the highway for easy access and great co-tenancy on this strip of 31st street. Personal service businesses will most likely require a special use given other personal service businesses in the general area. The previous use was for office.

Key Highlights

  • Versatile zoning for a number of different commercial uses.
  • Wide open space with great ceiling height.
  • Abundant natural light from large windows.

Property Analytics

Current Use

Shell Gas Station Dunbar Park South ... Family Recreation Center ATM (Bridgeport Shell ... Atm Jre & Associates Inc Electronics & Wireless Store Food Mart Grocery & Convenience Store

Suggested Use

Top Pick Law Firm HVAC Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Garden Center 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

NNN (Triple Net)
Lease Type
$6.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,765
Businesses Nearby

Demographics for 60616, IL

54,013
Population
26,912
Households
2
Avg Household Size
38
Median Age
53%
College-Educated
86%
High-School Grad
3.8 sq mi
ZIP Area
14,214
Density / Sq Mi
$77,841
Median Household Income
$53,415
Median Earnings
$1,329
Median Rent
$387,300
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$29.31 /SF/Yr
Avg Asking Price
$6.8–$133 /SF/Yr
Price Range
13,714 SF
Avg Space Size

This space is priced 36% above the average of $29.31 /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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Commercial condo in Bronzeville available for lease with open layout.
Where is this office units located?
The property is located at 215 E 31st Street Chicago, IL.
What is the lease rate?
The lease rate is $40 SF/Yr.
What are key features of this property?
This property features: Versatile zoning for a number of different commercial uses.; Wide open space with great ceiling height.; Abundant natural light from large windows.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message