Building Details

Year Built 1910

Listing Agency: Miller Chicago LLC a***@millerchicagorealestate.com Show Phone

Listed By: Andrea Miller · License #471016960 Show Phone

Source: Birdrealtysells

Added: Oct 17, 2024 Changed: Jul 28 Last Checked: Aug 3 at 12:41PM

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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 Miller Chicago LLC

Investment Insights

Based on property information with market context.

Available for lease, Suite #5 at 5637 W 63rd Street is a creative office space within a commercial real estate building. It is offered as dedicated space for tenants seeking an office setting.

The property is located at 5637 W 63rd Street in Chicago, Illinois (60638). The listing details reference Suite #5, making it suitable for occupiers looking for a specific unit within the building.

Key Highlights

• Suite #5 available for lease in a commercial office building at 5637 W 63rd Street
• Building was built in 1910

Property Analytics

Current Use

Carta Blanca Salon Hair Salon Runway Studios Hair Salon Dose Of Beauty Aesthetics Spa & Massage Center Klean Aesthetics Spa & Massage Center LUXE Permanent Cosmetics Medical Clinic

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Daycare Center Barber Shop (Bike/Boat/Book/etc) 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

NNN (Triple Net)

Lease Type

$18.00 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

586

Businesses Nearby

Explore this area Business Placement

Demographics for 60638, IL

56,928

Population

21,636

Households

2.6

Avg Household Size

39

Median Age

24%

College-Educated

84%

High-School Grad

11.1 sq mi

ZIP Area

5,129

Density / Sq Mi

$89,191

Median Household Income

$50,902

Median Earnings

$1,327

Median Rent

$283,500

Median Home Value

Market

Lease Benchmarks for Chicago, IL

$37.76 /SF/Yr

Avg Asking Price

$10–$120 /SF/Yr

Price Range

5,931 SF

Avg Space Size

This space is priced 218% above the average of $37.76 /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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this creative space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Creative space - For lease, Suite #5 offers creative space within a commercial office building at 5637 W 63rd Street.

Where is this creative space located?

The property is located at 5637 W 63rd Street #5 Chicago, IL.

What is the lease rate?

The lease rate is $120 SF/Yr.

What are key features of this property?

This property features: Suite #5 available for lease in a commercial office building at 5637 W 63rd Street; Building was built in 1910