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Flex Space with Live-Work Layout
New
For Lease
$21 SF/Yr

3026 W Carroll Ave, Chicago, IL 60612

Configured commercial workspace pairs with a private residence and rooftop deck in Chicago’s manufacturing and artist district.

Space SizeContact for details
Days on Market5

Property Features for 3026 W Carroll Ave

General Information

Standard status Active

Building Details

Year Built 1914
Listing Agency: Coordinate Properties LLC
Listed By: Amanda Stamelos · License #471019385
Source: Saladinosells
Added: Aug 26 Changed: Aug 30 Last Checked: Aug 30 at 5:05AM

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 Coordinate Properties LLC

Investment Insights

Based on property information with market context.

This flex property combines 2,900 square feet of work and living space at 3026 W Carroll Ave. The ground-level commercial area encompasses 2,000 square feet with epoxy flooring, two HVAC systems, track lighting, storage, a 10x10 commercial refrigerator, kitchen drainage, filtered water drainage, multiple three-compartment sinks, hand sinks, and a mop sink. Two overhead doors provide access from Carroll Street and the rear alley, with 13-foot and 19-foot clearances respectively.

The upper level adds a 900-square-foot one-bedroom, one-bath residence with a walk-in closet, stainless steel appliances, dishwasher, washer and dryer, trash compactor, disposal, ceiling fans, maple cabinetry, and modern lighting. A private rooftop deck is included. The property is accessible via the Kedzie Green Line and Western Metra and is situated in Chicago’s manufacturing and artist district.

Key Highlights

  • 2,900 SQFT of combined work and living space
  • 2,000 sqft ground‑level commercial area with 900 SF upstairs residence
  • Two overhead doors: 13' front drive‑up and 19' rear access to alley

Property Analytics

Current Use

HMS Property Group Real Estate Agency

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Building Supply Auto Parts Store 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
$3.15 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,345
Businesses Nearby
Well-served
Demand for This Use

Demographics for 60612, IL

34,402
Population
16,763
Households
2.1
Avg Household Size
34
Median Age
41%
College-Educated
89%
High-School Grad
3.7 sq mi
ZIP Area
9,298
Density / Sq Mi
$60,457
Median Household Income
$46,582
Median Earnings
$1,330
Median Rent
$331,600
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$17.57 /SF/Yr
Avg Asking Price
$5.5–$36 /SF/Yr
Price Range
23,708 SF
Avg Space Size

This space is priced 20% above the average of $17.57 /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
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Frequently Asked Questions

What type of property is this?
Flex space - Configured commercial workspace pairs with a private residence and rooftop deck in Chicago’s manufacturing and artist district.
Where is this flex space located?
The property is located at 3026 W Carroll Ave Chicago, IL.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: 2,900 SQFT of combined work and living space; 2,000 sqft ground‑level commercial area with 900 SF upstairs residence; Two overhead doors: 13' front drive‑up and 19' rear access to alley
More about this property
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