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Vacant Renovated Office Suite
For Sale
$50,000

2344 W 97th St, Chicago, IL 60643

Delivered vacant and recently renovated with new flooring, paint, updated lighting, HVAC, and two restrooms.

Property SizeContact for details
Days on Market67

Property Features for 2344 W 97th St

General Information

Standard status Active
Property subtype Commercial
Listing Agency: Matthews Real Estate Investment Services | San Diego
Listed By: Keegan Mulcahy · License #362005 (TN)
Source: Matthews
Added: Jul 3 Changed: Sep 2 Last Checked: Sep 7 at 4:37AM

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 Matthews Real Estate Investment Services | San Diego

Investment Insights

Based on property information with market context.

This property is being delivered vacant, offering flexibility for either an owner-user or a value-add buyer. The space has been recently renovated within the last 12 months, including new flooring, fresh paint, updated lighting, updated HVAC, and two restrooms. All doors and windows were also replaced, with reflective windows designed to provide additional privacy in a dense urban setting.

The building is positioned adjacent to S Western Ave, benefiting from visibility along the corridor with traffic reported at over 33,000 VPD. It sits across the street from Evergreen Market Plaza, anchored by Whole Foods, with additional nearby tenants including T.J. Maxx, Burlington, Five Below, Petco, Raising Cane’s, and others. The surrounding area is described as highly dense, with population figures provided for 1-mile, 5-mile, and 10-mile radii.

Overall, the combination of recent interior upgrades and a vacant delivery supports straightforward near-term occupancy or repositioning.

Key Highlights

  • Delivered vacant, offering flexibility for owner‑users or value‑add investors
  • Recently renovated within the last 12 months with new flooring and fresh paint
  • Updates include updated lighting and updated HVAC

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Building Supply Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store HVAC Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,610
Businesses Nearby

Demographics for 60643, IL

47,831
Population
19,541
Households
2.4
Avg Household Size
44
Median Age
39%
College-Educated
93%
High-School Grad
7.4 sq mi
ZIP Area
6,464
Density / Sq Mi
$83,015
Median Household Income
$53,155
Median Earnings
$1,359
Median Rent
$233,900
Median Home Value

Market

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 units - Delivered vacant and recently renovated with new flooring, paint, updated lighting, HVAC, and two restrooms.
Where is this office units located?
The property is located at 2344 W 97th St Chicago, IL.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: Delivered vacant, offering flexibility for owner‑users or value‑add investors; Recently renovated within the last 12 months with new flooring and fresh paint; Updates include updated lighting and updated HVAC
More about this property
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