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Two-Story Corner Office Building
For Lease
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3425 W Peterson Avenue, Chicago, IL 60659

Commercial Lease, Chicago, IL

Space SizeContact for details
Days on Market83

Property Features for 3425 W Peterson Avenue

General Information

Property type Commercial Lease
Property subtype Office
Zoning COMMR
Directions Pulaski Rd. to Peterson Ave. east to address Kimball Ave. to Peterson Ave. to address
Subdivision CHI - North Park
Standard status Active

Taxes and HOA fees

Tax Annual Amount 21007

Utilities

Cooling system Central Air

Building Details

Year built 1964
Floors in Building 1
Listing Agency: Century 21 Circle · Coldwell Banker Real Estate
Listed By: Mark Ahmad · License #471007186
Added: Jun 1 Changed: Aug 20 Last Checked: Aug 22 at 5:06PM
MLS# 12642848

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-story, corner professional office building is located at Peterson Ave. and Bernard Ave. in Chicago’s North Park area. The property offers available office space within a multi-tenant center, with suites ranging from 400 to 1,280 square feet. Recent improvements were made throughout the building.

The building sits near interstates I-90/I-94 and Lake Shore Dr., and it is surrounded by a commercial and residential neighborhood. The property is described as having high daily vehicle traffic and is within walking distance to shops, restaurants, and retailers.

Parking is provided in the rear of the building. Heat is included; however, ComEd is not included.

Key Highlights

  • 2‑story corner professional office building in the North Park neighborhood
  • Cooling: central air; Year built: 1964
  • Multi‑tenant building with available suites from 400 to 1,280 sq. ft.

Property Analytics

Current Use

Dr. Robert Hamilton, ... Dental Office LEXNEM Corporation: Dental ... Big Box & Wholesale Store Dr. Michael Chien, ... Dental Office My Smiles Dental ... Dental Office Divine International USA Consultant

Suggested Use

Top Pick Veterinary Clinic Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store Restaurant Discount Store Garden Center

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

Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,108
Businesses Nearby

Demographics for 60659, IL

40,579
Population
14,748
Households
2.8
Avg Household Size
36
Median Age
40%
College-Educated
82%
High-School Grad
2.4 sq mi
ZIP Area
16,908
Density / Sq Mi
$70,033
Median Household Income
$40,493
Median Earnings
$1,391
Median Rent
$358,800
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$29.31 /SF/Yr
Avg Asking Price
$6.8–$133 /SF/Yr
Price Range
13,714 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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Multi-tenant office building with recent improvements and rear parking; heat is included, excluding ComEd.
Where is this office units located?
The property is located at 3425 W Peterson Avenue Chicago, IL.
What are key features of this property?
This property features: 2‑story corner professional office building in the North Park neighborhood; Cooling: central air; Year built: 1964; Multi‑tenant building with available suites from 400 to 1,280 sq. ft.
More about this property
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