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Office Unit on Stony Island
For Lease
$30 SF/Yr

8504 S STONY ISLAND Avenue, Chicago, IL 60617

Office space available for lease along Stony Island Avenue in Chicago’s Avalon Park area.

Space Size998 SF
Days on Market1181

Property Features for 8504 S STONY ISLAND Avenue

General Information

Standard status Active
Size 998 SF
Net Rentable 998 SF

Space & Availability

Available Space 998 SF
Contiguous Space 998 SF
Space Use Office

Building Details

Year Built 1927
Stories 3
Listing Agency: Realty One Group Heartland
Listed By: Shiree Booker · License #475148177
Source: Cavanaghrealty
Added: May 31, 2023 Changed: Aug 21 Last Checked: Aug 23 at 12:25PM

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 Realty One Group Heartland

Investment Insights

Based on property information with market context.

Office unit available for lease at 8504 S Stony Island Avenue in Chicago’s Avalon Park area. The property offers 998 square feet of office space within a building constructed in 1927.

Key Highlights

  • 998 SF office unit available for lease
  • Located at 8504 S Stony Island Avenue
  • Situated in Chicago’s Avalon Park area

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
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

978
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

$29.31 /SF/Yr
Avg Asking Price
$6.8–$133 /SF/Yr
Price Range
13,714 SF
Avg Space Size

This space is priced 2% above the average of $29.31 /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
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Frequently Asked Questions

What type of property is this?
Office units - Office space available for lease along Stony Island Avenue in Chicago’s Avalon Park area.
Where is this office units located?
The property is located at 8504 S STONY ISLAND Avenue Chicago, IL.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: 998 SF office unit available for lease; Located at 8504 S Stony Island Avenue; Situated in Chicago’s Avalon Park area
More about this property
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