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Updated Office Units
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8502-1 S STONY ISLAND Avenue, Chicago, IL 60617

COMMERCIAL - Chicago, IL

Space SizeContact for details
Days on Market1168

Property Features for 8502-1 S STONY ISLAND Avenue

General Information

Property type Commercial Lease
Property subtype Office
Directions NORTH OR SOUTH ON STONY ISLAND TO BUILDING. ON THE WEST SIDE OF THE STREET.
Subdivision CHI - Avalon Park
Standard status Active

Building Details

Year built 1927
Floors in Building 3
Listing Agency: Realty One Group Heartland
Listed By: Shiree Booker · License #475148177
Added: May 31, 2023 Changed: Aug 4 Last Checked: Aug 10 at 2:06AM
MLS# 11796135

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Office units are available for lease at 8502-1 S Stony Island Avenue in Chicago. The space was recently updated and is positioned for professional office use, including operations such as insurance, tax preparation, and nonprofit administration.

The property was built in 1927 and is located in Chicago’s Avalon Park area. Its office configuration provides a practical setting for organizations seeking workspace in the 60617 ZIP code.

Key Highlights

  • Recently updated office units offered for lease
  • Located at 8502‑1 S Stony Island Avenue, Chicago, IL 60617
  • Built in 1927

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Law Firm Building Supply HVAC Service Gym & Fitness Center (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

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

Location Intelligence

Trade Area within ½ mile

519
Businesses Nearby

Demographics for 60617, IL

77,270
Population
35,031
Households
2.2
Avg Household Size
39
Median Age
20%
College-Educated
82%
High-School Grad
13.7 sq mi
ZIP Area
5,640
Density / Sq Mi
$51,237
Median Household Income
$36,926
Median Earnings
$1,010
Median Rent
$168,200
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$27.93 /SF/Yr
Avg Asking Price
$5.5–$133 /SF/Yr
Price Range
13,686 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Office units - Office units available for lease in Chicago’s Avalon Park area, suitable for professional and nonprofit operations.
Where is this office units located?
The property is located at 8502-1 S STONY ISLAND Avenue Chicago, IL.
What are key features of this property?
This property features: Recently updated office units offered for lease; Located at 8502‑1 S Stony Island Avenue, Chicago, IL 60617; Built in 1927
More about this property
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