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Completely Renovated Office Building
For Lease
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2950 West 26th Street, Chicago, IL 60623

8,000-sf office building on 15,000 sf of land, fully renovated in 2019.

Space Size7,002 SF
Lot Size0.34 Acres
Days on Market31

Property Features for 2950 West 26th Street

General Information

Standard status Active
Size 7,002 SF
Lot size 0.34 Acres
Property subtype Special Purpose

Building Details

Year Renovated 2019

Spaces For Lease

at 2950 West 26th Street Contact us

2950 W. 26th Street (Sublease)

Size
7,002 SF
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: Avison Young | Suburban Chicago
Listed By: Ilija Pod
Source: Horizonrealtyservices
Added: Jul 25 Changed: Aug 23 Last Checked: Aug 24 at 4:31AM

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 Avison Young | Suburban Chicago

Investment Insights

Based on property information with market context.

This completely renovated office building offers 8,000 square feet of space. The property sits on 15,000 square feet of land and underwent a full renovation in 2019, resulting in an updated interior for an office-focused use.

The building is located at 2950 W 26th St in Chicago, IL 60623 and is available for rent. With a dedicated building footprint and recent renovation history, the property is positioned for tenants looking for a turn-key office environment without relying on ongoing major interior work.

Key Highlights

  • 8,000‑sf building on 15,000 sf of land
  • Building was completely renovated in 2019

Property Analytics

Current Use

DaVita Marshall Square ... Medical Clinic

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Daycare Center Veterinary Clinic Garden Center HVAC Service

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

Location Intelligence

Trade Area within ½ mile

1,430
Businesses Nearby

Demographics for 60623, IL

87,649
Population
31,300
Households
2.8
Avg Household Size
32
Median Age
14%
College-Educated
69%
High-School Grad
5.4 sq mi
ZIP Area
16,231
Density / Sq Mi
$44,040
Median Household Income
$32,642
Median Earnings
$1,054
Median Rent
$221,400
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$18.64 /SF/Yr
Avg Asking Price
$11–$32.5 /SF/Yr
Price Range
44,505 SF
Avg Space Size

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 building - 8,000-sf office building on 15,000 sf of land, fully renovated in 2019.
Where is this office building located?
The property is located at 2950 West 26th Street Chicago, IL.
What are key features of this property?
This property features: 8,000‑sf building on 15,000 sf of land; Building was completely renovated in 2019
More about this property
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