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Flex Space with High Ceilings
New
For Lease
$20 SF/Yr

3515 W Grand Avenue, Chicago, IL 60651

Adaptable commercial layout with central HVAC, generous parking, and ADA-equipped restrooms.

Space SizeContact for details
Days on Market3

Property Features for 3515 W Grand Avenue

General Information

Standard status Active
Property subtype Commercial

Additional Details

Space Use Flex

Taxes and HOA fees

Annual Taxes $37,277

Amenities

large parking lot
open floor plan with high ceilings
central heat and air
2 large multi-stall ADA bathrooms
Central air
Central Individual Cooling

Building Details

Year Built 1980
Listing Agency: @PROPERTIES COMMERCIAL
Listed By: IAN FEINERMAN · License #475124617
Source: Corcoran
Added: Sep 11 Changed: Sep 13 Last Checked: Sep 13 at 2:51PM

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 @PROPERTIES COMMERCIAL

Investment Insights

Based on property information with market context.

This flex space at 3515 W Grand Avenue provides an adaptable commercial setting with an open interior, elevated ceilings, and central heating and air conditioning. Two large, multi-stall ADA bathrooms support a range of occupancy needs, while the substantial parking area adds practical convenience for customers, staff, or event users.

The property can accommodate retail, light warehouse or manufacturing activity, gallery operations, office use, and events, subject to applicable requirements. Built in 1980, the building combines a flexible interior arrangement with features suited to varied commercial uses in Chicago.

Key Highlights

  • Flexible interior supports retail, light warehouse, manufacturing, gallery, office, and event uses
  • Large parking lot serves customers, staff, and event users
  • High ceilings and an open interior layout

Property Analytics

Current Use

G'ENiUS On Grand Hotel & Motel

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring 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.

Lease Details

NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,083
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60651, IL

62,819
Population
22,885
Households
2.7
Avg Household Size
36
Median Age
16%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
17,948
Density / Sq Mi
$52,963
Median Household Income
$33,783
Median Earnings
$1,186
Median Rent
$262,700
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$17.39 /SF/Yr
Avg Asking Price
$8–$37 /SF/Yr
Price Range
18,662 SF
Avg Space Size

This space is priced 15% above the average of $17.39 /SF/Yr.

Vacancy Rate% for Industrial in Chicago, IL

4.9% 2019
5.4% 2020
4% 2021
3.3% 2022
4.5% 2023
4.5% 2024
4.7% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Chartwells Universal Building, 700 N Sacramento Blvd, Chicago, IL 60612
  • So Soulful Eatery 3944 W Chicago Ave, Chicago, IL 60651

Frequently Asked Questions

What type of property is this?
Flex space - Adaptable commercial layout with central HVAC, generous parking, and ADA-equipped restrooms.
Where is this flex space located?
The property is located at 3515 W Grand Avenue Chicago, IL.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Flexible interior supports retail, light warehouse, manufacturing, gallery, office, and event uses; Large parking lot serves customers, staff, and event users; High ceilings and an open interior layout
More about this property
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