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Jefferson Park Office Space Available
For Lease
$25 SF/Yr

4849 North Milwaukee Avenue, Chicago, IL 60630

Office building in Jefferson Park with tenant amenities.

Space Size422 SF - 13,441 SF
Days on Market155

Property Features for 4849 North Milwaukee Avenue

General Information

Standard status Active
Size 422 SF - 13,441 SF
Property subtype Office

Spaces For Lease

at 4849 North Milwaukee Avenue Contact us

Suite 403-405B

Size
4,416 SF
Availability
Available
Contiguous with Suites 401-402 Up to 8,192 SF
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9th Floor Space 1

Size
5,137 SF
Availability
Available
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9th Floor Space 2

Size
2,226 SF
Availability
Available
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9th Floor Space 3

Size
3,687 SF
Availability
Available
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Suite 200

Size
9,308 SF
Availability
Available
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Suite 202-203

Size
2,586 SF
Availability
Available
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Suite 500-501

Size
5,270 SF
Availability
Available
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Suite 502

Size
1,622 SF
Availability
Available
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Suite 507

Size
422 SF
Availability
Available
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Suite 800

Size
13,441 SF
Availability
Available
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Listing Agency: CBRE - Chicago
Listed By: Michael Graham · License #475152373
Source: Cbre
Added: Mar 25 Changed: Aug 25 Last Checked: Aug 26 at 6:24AM

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 CBRE - Chicago

Investment Insights

Based on property information with market context.

This office building is located in the Jefferson Park neighborhood and offers 139,205 square feet of rentable building area across nine floors. The property features on-site parking and secure bike storage. The building is planned to add tenant amenities, including a conference center and tenant lounge. It provides immediate access to public transportation and highways. According to 2021 data, taxes and operating expenses totaled $10.60.

Key Highlights

  • On‑site parking with immediate access to public transportation and highways.
  • New tenant amenities including a conference center and tenant lounge.
  • Located in the Jefferson Park neighborhood.

Property Analytics

Current Use

V K Physical ... Physician Heights Finance Corporation Loan Service Rizina Hakimiyan Dental Office Armita Hezarkhani Dental Office Nichole Busch Foster Care Service

Suggested Use

Top Pick Acupuncture Catering Service Discount Store Nursing Home Gym & Fitness Center Furniture & Home Goods

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
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,576
Businesses Nearby

Demographics for 60630, IL

54,064
Population
23,393
Households
2.3
Avg Household Size
40
Median Age
44%
College-Educated
91%
High-School Grad
4.7 sq mi
ZIP Area
11,503
Density / Sq Mi
$97,134
Median Household Income
$54,576
Median Earnings
$1,357
Median Rent
$362,900
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$19.11 /SF/Yr
Avg Asking Price
$11–$33 /SF/Yr
Price Range
44,268 SF
Avg Space Size

This space is priced 31% above the average of $19.11 /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?
Office building - Office building in Jefferson Park with tenant amenities.
Where is this office building located?
The property is located at 4849 North Milwaukee Avenue Chicago, IL.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: On‑site parking with immediate access to public transportation and highways.; New tenant amenities including a conference center and tenant lounge.; Located in the Jefferson Park neighborhood.
More about this property
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