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Flex Space with ADA Access
New
For Lease
$25 SF/Yr

3837 W Lake Street, Chicago, IL 60624

M1-zoned commercial space offers polished concrete floors, exposed white brick, and access to a fenced arboretum.

Space Size2,000 SF
Days on Market5

Property Features for 3837 W Lake Street

General Information

Standard status Active
Size 2,000 SF
Net Rentable 2,000 SF
Property subtype COMMERCIAL
Zoning M1

Space & Availability

Available Space 2,000 SF
Contiguous Space 2,000 SF
Space Use Manufacturing

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes

Taxes and HOA fees

Annual Taxes $11,099

Amenities

fenced arboretum

Building Details

Year Built 1925
Listing Agency: Compass
Listed By: Vanessa Smith · License #475171665
Source: Dawnmckennagroup
Added: Oct 10 Changed: Oct 13 Last Checked: Oct 13 at 2:20AM

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 Compass

Investment Insights

Based on property information with market context.

Approximately 2,000 SF of commercial flex space is undergoing renovation. Planned finishes include polished concrete and exposed, painted white brick. The space has an ADA ramp and bathroom, with access to a fenced arboretum containing mature conifer trees.

The property has frontage on W Lake Street in West Garfield Park, with CTA service, highways, and major thoroughfares nearby. M1 zoning is identified for the site.

Key Highlights

  • Approximately 2,000 SF of flex space
  • M1 zoning
  • ADA ramp access and ADA bathroom

Property Analytics

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Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Kitchen & Bath Showroom Building Supply

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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

959
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60624, IL

37,547
Population
16,250
Households
2.3
Avg Household Size
34
Median Age
13%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
10,728
Density / Sq Mi
$32,607
Median Household Income
$30,924
Median Earnings
$1,152
Median Rent
$223,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Chicago, IL

$18.22 /SF/Yr
Avg Asking Price
$8–$33 /SF/Yr
Price Range
16,503 SF
Avg Space Size

This space is priced 37% above the average of $18.22 /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
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Similar Off Market Nearby

  • Ask A Chef Chicago — 3507 W 5th Ave, Chicago, IL 60624
  • Catering Out the Box Llc — 4300 W Lake St, Chicago, IL 60624
  • So Soulful Eatery — 3944 W Chicago Ave, Chicago, IL 60651

Frequently Asked Questions

What type of property is this?
Flex space - M1-zoned commercial space offers polished concrete floors, exposed white brick, and access to a fenced arboretum.
Where is this flex space located?
The property is located at 3837 W Lake Street Chicago, IL.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Approximately 2,000 SF of flex space; M1 zoning; ADA ramp access and ADA bathroom
More about this property
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