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Medical Office Suite with Exam Rooms
For Lease
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4197 S Archer Ave, Chicago, IL 60632

Turn-key medical suite with a spacious lobby and reception, plus an open physical therapy area and ample storage.

Space Size3,248 SF
Days on Market143

Property Features for 4197 S Archer Ave

General Information

Standard status Active
Size 3,248 SF
Property subtype Office, Retail, Special Purpose
Zoning B1-3
Lease Type NNN

Additional Details

Business Included Yes
Traffic Count 30,600 vehicles/day

Building Details

Building Size 3,248 SF
Tenancy Single

Spaces For Lease

at 4197 S Archer Ave Contact us

Available Space

Size
3,248 SF
Type
Office, Retail, Special Purpose
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Shield Real Estate
Listed By: Rafael Alvarado · License #IL
Source: Crexi
Added: Apr 17 Changed: Sep 4 Last Checked: Sep 5 at 2:20PM

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 Shield Real Estate

Investment Insights

Based on property information with market context.

This turn-key medical office suite is well suited for an established practice or a new operation. The former medical facility includes 11 exam rooms, a spacious lobby and reception area, and an open area designed for physical therapy. There is also a large storage area in a utility room, helping support day-to-day operational needs.

The property is zoned B1-3. Traffic near the site is supported by an average daily count of 30,600 vehicles, with 15,800 northbound and 14,800 southbound.

The space totals 3,248 square feet and is offered as a medical-center style configuration with dedicated exam rooms, reception, and back-of-house storage.

Key Highlights

  • Spacious 3,248 SF turn‑key suite that was previously a medical facility
  • Previously configured with 11 exam rooms, a spacious lobby, and reception area
  • Includes an open area for physical therapy plus a large storage area in the utility room

Property Analytics

Current Use

Smile Lee Faces Dental Office Lacayo Andrea DDS Dental Office Andrea Lacayo Bedford Dental Office

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic (Bike/Boat/Book/etc) Store Daycare Center Accounting Firm

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

30,600 VPD
Traffic count
Turnkey business
Opportunity
NNN (Triple Net)
Lease Type
$36.49 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,268
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60632, IL

92,237
Population
28,860
Households
3.2
Avg Household Size
33
Median Age
13%
College-Educated
69%
High-School Grad
7.4 sq mi
ZIP Area
12,464
Density / Sq Mi
$60,576
Median Household Income
$35,203
Median Earnings
$1,057
Median Rent
$240,600
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$31.53 /SF/Yr
Avg Asking Price
$8–$94 /SF/Yr
Price Range
30,056 SF
Avg Space Size

This space is priced 671% above the average of $31.53 /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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Similar Off Market Nearby

  • Brighton Park Animal Hospital 3779 S Archer Ave, Chicago, IL 60632

Frequently Asked Questions

What type of property is this?
Medical Office Space - Turn-key medical suite with a spacious lobby and reception, plus an open physical therapy area and ample storage.
Where is this medical office space located?
The property is located at 4197 S Archer Ave Chicago, IL.
What is the lease rate?
The lease rate is $243.24 SF/Yr.
What are key features of this property?
This property features: Spacious 3,248 SF turn‑key suite that was previously a medical facility; Previously configured with 11 exam rooms, a spacious lobby, and reception area; Includes an open area for physical therapy plus a large storage area in the utility room
(773) 791-8198 Call to check price and availability
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