First-Floor Commercial
For Lease
$35 SF/Yr
2602 S wallace Street #1, Chicago, IL 60616
First-floor space available for lease in a neighborhood setting near schools, parks, and transit lines.
Space SizeContact for details
Days on Market35
Property Features for 2602 S wallace Street #1
General Information
Standard status
Active
Additional Details
Highway Access
Yes
Building Details
Year Built
1891
Listing Agency:
Landmark & Property Group, Inc
(773) 299-1228
Listed By:
Nancy Ip
(773) 299-1228
Source:
Birdrealtysells
Added: Jul 3
Changed: Jul 22
Last Checked: Aug 5 at 2:30PM
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 Landmark & Property Group, Inc
Investment Insights
Based on property information with market context.
First-floor commercial space is available for lease at 2602 S Wallace Street #1. The layout suits a range of business uses, including a daycare center or learning center, as well as dental, optical, and accounting office operations.
The property is near Mark Sheridan Math & Science Academy, Robert Healy Elementary School, Busy Bees Learning School, McGuane Park, and Palmisano (Henry) Park. Transit options include Bus #44/Wallace and Bus #62/Archer, along with the Halsted Orange Line. Major highway access includes I-55 and I-90/94, with Downtown, Chinatown, and the Pilsen area within 5 miles.
The property is near Mark Sheridan Math & Science Academy, Robert Healy Elementary School, Busy Bees Learning School, McGuane Park, and Palmisano (Henry) Park. Transit options include Bus #44/Wallace and Bus #62/Archer, along with the Halsted Orange Line. Major highway access includes I-55 and I-90/94, with Downtown, Chinatown, and the Pilsen area within 5 miles.
Key Highlights
- First‑floor commercial space available for lease in Bridgeport
- Year built: 1891
- Suitable for uses including daycare center, learning center, dental, optical, and accounting office
Property Analytics
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
$5.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,044
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
$26.29 /SF/Yr
Avg Asking Price
$13–$45 /SF/Yr
Price Range
7,573 SF
Avg Space Size
This space is priced 33% above the average of $26.29 /SF/Yr.
Vacancy Rate% for Office in Chicago, IL
Questions? Ask Rey
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Similar Off Market Nearby
- Busy Bees Learning School — 321 W 31st St, Chicago, IL 60616
- SMALL WORLD Daycare Center — 836 W 31st St, Chicago, IL 60608
- Bridgeport Child Development Center II — 514 W 31st St, Chicago, IL 60616
- One Hope United | Bridgeport Child Development Center I — 3053 S Normal Ave, Chicago, IL 60616
- Ivy Garden After Sch Center LLC — 625 W 31st St, Chicago, IL 60616
Frequently Asked Questions
What type of property is this?
Day care center - First-floor space available for lease in a neighborhood setting near schools, parks, and transit lines.
Where is this day care center located?
The property is located at 2602 S wallace Street #1 Chicago, IL.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: First‑floor commercial space available for lease in Bridgeport; Year built: 1891; Suitable for uses including daycare center, learning center, dental, optical, and accounting office
