Building Details

Year Built 1975

Stories 5

Units 16

Listing Agency: My Realty Chicago Inc m***@gmail.com Show Phone

Listed By: Waseem Hashlamoun · License #471012633 Show Phone

Source: Birdrealtysells

Added: Feb 9, 2024 Changed: Aug 30 Last Checked: Aug 31 at 5:10PM

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Investment Insights

Based on property information with market context.

This office building at 7601 S Kostner Avenue includes a renovated lobby, new HVAC, and a new roof among its recent property improvements. The building was constructed in 1975 and carries OFFIC zoning.

Suite 110 is located near Ford City Mall in Chicago, providing an established commercial setting for office use. The property is offered for lease.

Key Highlights

• New roof and HVAC installed
• Renovated lobby
• OFFIC zoning

Property Analytics

Property Profile

Current Use

Webb Kathy J Physician All Pro Truck ... Training Center CCS Cocina Calidad ... Training Center Emages Inc Physician Peace of Mind & Life ... Crisis Center

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale 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

$1.65 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

607

Businesses Nearby

Explore this area Business Placement

Demographics for 60652, IL

40,898

Population

13,709

Households

3

Avg Household Size

37

Median Age

22%

College-Educated

81%

High-School Grad

4.8 sq mi

ZIP Area

8,520

Density / Sq Mi

$78,559

Median Household Income

$36,488

Median Earnings

$1,208

Median Rent

$235,000

Median Home Value

Market

Lease Benchmarks for Chicago, IL

$19.35 /SF/Yr

Avg Asking Price

$11–$34 /SF/Yr

Price Range

44,480 SF

Avg Space Size

This space is priced 43% below the average of $19.35 /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 office buildings 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?

Office building - Recent improvements include a renovated lobby, new HVAC, and a new roof.

Where is this office building located?

The property is located at 7601 S Kostner Avenue #110 Chicago, IL.

What is the lease rate?

The lease rate is $11 SF/Yr.

What are key features of this property?

This property features: New roof and HVAC installed; Renovated lobby; OFFIC zoning