Office Building with
New
For Lease
Contact for pricing
219 W Chicago Ave, Chicago, IL 60654
Mixed-use office property with rear parking, a third-floor owner-user opportunity, and access to CTA rail and bus service.
Space Size19,615 SF
Days on Market6
Property Features for 219 W Chicago Ave
General Information
Standard status
Active
Size
19,615 SF
Property subtype
OFFICE
Zoning
DX-5
Occupancy
61%
Additional Details
Floor
3
Public Transit
Yes
Spaces For Lease
at 219 W Chicago Ave Contact us- Floor
- 1
- Size
- 19,615 SF
- Type
- OFFICE
- Rate
- Contact for pricing
- Availability
- AVAILABLE, Now
- Sublease
- No
219 W Chicago Ave
-61% Occupied, Cash Flowing Asset with 6.6 Years of WALT
-Owner/User Opportunity...
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Listing Agency:
CBRE | Chicago
(312) 935-1400
Listed By:
Dominic Soltero · License #475153308
(913) 909-9529
Source:
Moodyscre
Added: Sep 21
Changed: Sep 22
Last Checked: Sep 24 at 3:44PM
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
Investment Insights
Based on property information with market context.
This 19,615-square-foot office building includes a 3,318-square-foot third-floor area suited to an owner-user, with potential for residential conversion. The property is 61% occupied and has 6.6 years of WALT, providing an established tenancy profile. Twelve parking spaces are located at the rear of the building, an uncommon feature for an urban office asset.
The property carries DX-5 mixed-use zoning, supporting flexibility for future redevelopment. Its transit-oriented setting is near the CTA Brown and Purple Lines as well as area bus stops, adding convenient public transportation access for occupants.
The property carries DX-5 mixed-use zoning, supporting flexibility for future redevelopment. Its transit-oriented setting is near the CTA Brown and Purple Lines as well as area bus stops, adding convenient public transportation access for occupants.
Key Highlights
- 19,615 SF office building
- 3,318 SF third‑floor owner‑user opportunity
- 61% occupied with 6.6 years of WALT
Property Analytics
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Open Analytics
Current Use
Lease Details
61%
Occupancy
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
14,371
Businesses Nearby
Explore this area
Business Placement
Demographics for 60654, IL
23,890
Population
17,960
Households
1.3
Avg Household Size
34
Median Age
92%
College-Educated
99%
High-School Grad
0.5 sq mi
ZIP Area
47,780
Density / Sq Mi
$144,831
Median Household Income
$106,856
Median Earnings
$2,571
Median Rent
$495,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Chicago, IL
$22.6 /SF/Yr
Avg Asking Price
$11–$46 /SF/Yr
Price Range
51,266 SF
Avg Space Size
Vacancy Rate% for Office in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Mixed-use office property with rear parking, a third-floor owner-user opportunity, and access to CTA rail and bus service.
Where is this office building located?
The property is located at 219 W Chicago Ave Chicago, IL.
What are key features of this property?
This property features: 19,615 SF office building; 3,318 SF third‑floor owner‑user opportunity; 61% occupied with 6.6 years of WALT
