Storefront Office
For Lease
$37 SF/Yr
5123 W Montrose Avenue, Chicago, IL 60641
Storefront office suite built in 1913 with access to nearby Metra stations and quick reach to I-90/I-94.
Days on Market25
Property Features for 5123 W Montrose Avenue
General Information
Standard status
Active
Property subtype
COMMERCIAL
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Space Use
Office
Building Details
Year Built
1913
Listing Agency:
Chicagoland Brokers, Inc.
(773) 745-1000
Listed By:
Maria Ovallos · License #475206182
Source:
Dawnmckennagroup
Added: Jul 8
Changed: Jul 31
Last Checked: Jul 31 at 11:09AM
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 Chicagoland Brokers, Inc.
Investment Insights
Based on property information with market context.
Storefront office suite available for lease at 5123 W Montrose Avenue in Chicago. Built in 1913, the space offers a flexible layout described as suitable for a range of office and retail uses, including professional services and boutique-style operations. An adjacent unit in the same building is also available for lease, which may support expansion or multiple-business setups.
The suite is positioned along a commercial corridor with strong vehicle and pedestrian traffic and is conveniently located near Metra stations. Quick access to I-90/I-94 supports convenient commutes for both clients and employees.
Overall, this is a storefront office option for tenants seeking visibility and accessibility, with the added flexibility of an adjoining available unit within the same building.
The suite is positioned along a commercial corridor with strong vehicle and pedestrian traffic and is conveniently located near Metra stations. Quick access to I-90/I-94 supports convenient commutes for both clients and employees.
Overall, this is a storefront office option for tenants seeking visibility and accessibility, with the added flexibility of an adjoining available unit within the same building.
Key Highlights
- Storefront office suite available for lease at 5123 W Montrose Avenue, Chicago, IL 60641
- Built in 1913
- Flexible layout described for office and retail uses
Property Analytics
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
$5.55 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,259
Businesses Nearby
Explore this area
Business Placement
Demographics for 60641, IL
69,354
Population
27,377
Households
2.5
Avg Household Size
37
Median Age
36%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
17,339
Density / Sq Mi
$81,649
Median Household Income
$46,376
Median Earnings
$1,249
Median Rent
$373,200
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$27.06 /SF/Yr
Avg Asking Price
$6.41–$70 /SF/Yr
Price Range
15,999 SF
Avg Space Size
This space is priced 37% above the average of $27.06 /SF/Yr.
Vacancy Rate% for Office in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Office units - Storefront office suite built in 1913 with access to nearby Metra stations and quick reach to I-90/I-94.
Where is this office units located?
The property is located at 5123 W Montrose Avenue Chicago, IL.
What is the lease rate?
The lease rate is $37 SF/Yr.
What are key features of this property?
This property features: Storefront office suite available for lease at 5123 W Montrose Avenue, Chicago, IL 60641; Built in 1913; Flexible layout described for office and retail uses
