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Updated Multi-Unit Office Building
For Lease
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5214 N Western Ave, Chicago, IL 60625

Three-level office property with rear parking and water and gas included.

Space Size675 SF
Property Size7,440 SF
Days on Market428

Property Features for 5214 N Western Ave

General Information

Standard status Active
Size 675 SF
Net Rentable 241 SF
Property subtype OFFICE

Space & Availability

Available Space 241-7,440 SF
Contiguous Space 7,440 SF
Divisible Yes
Space Use Office

Additional Details

Utilities to Site Yes

Amenities

rear parking
water included
gas included

Building Details

Stories 3
Building Size 7,440 SF

Spaces For Lease

at 5214 N Western Ave Contact us

Foster - Western $26/SF/Yr

Floor
2
Size
675 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- ±241 SF Units to ±7,440 SF Full Building - 15 Office Units | 3 Levels - Newly...
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Listing Agency: SVN | Chicago - Corporate
Listed By: Karen Kulczycki, CCIM
Source: Moodyscre
Added: Jun 30, 2025 Changed: Aug 29 Last Checked: Aug 31 at 1:49AM

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 SVN | Chicago - Corporate

Investment Insights

Based on property information with market context.

Located at 5214 N Western Ave in Chicago, this office building offers a flexible configuration across three levels with 15 office units. The property has been newly updated and includes rear parking, supporting a range of professional office arrangements.

Available configurations range from ±241 SF units to the full ±7,440 SF building. Water and gas are included, providing a straightforward occupancy structure for office users. The property is positioned on N Western Ave in Chicago, IL 60625.

Key Highlights

  • 15 office units across 3 levels
  • Configurations from ±241 SF units to ±7,440 SF full building
  • Newly updated office property

Property Analytics

Current Use

Dr. Mylene O. ... Dental Office Freedman Linda S ... Foster Care Service Dr. Alexander Mylonas Physician Shoshana Kahn MSW, ... Psychotherapist M. Yvette Fruscione Counselor

Suggested Use

Top Pick Building Supply Garden Center Catering Service (Bike/Boat/Book/etc) Store HVAC Service Home Appliance 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

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$3.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,509
Businesses Nearby

Demographics for 60625, IL

76,525
Population
33,932
Households
2.3
Avg Household Size
36
Median Age
54%
College-Educated
87%
High-School Grad
3.8 sq mi
ZIP Area
20,138
Density / Sq Mi
$85,299
Median Household Income
$48,314
Median Earnings
$1,455
Median Rent
$396,700
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 36% 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 - Three-level office property with rear parking and water and gas included.
Where is this office building located?
The property is located at 5214 N Western Ave Chicago, IL.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: 15 office units across 3 levels; Configurations from ±241 SF units to ±7,440 SF full building; Newly updated office property
(630) 330-3352 Call to check price and availability
More about this property
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