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    8623 Bryn Mawr Ave Chicago, IL 60631

    Sponsored
    For Lease
    $27 SF/Yr

    Chicago Office Space: 5 Suites Available

    Lot size:
    13,704 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This exceptional Chicago office property, known as Concourse Chicago, offers five available suites ranging from 1,234 to 5,576 square feet. Located at 8623 W Bryn Mawr Ave, Chicago, IL 60631, this 13,704 square foot building sits on a 6.99-acre lot in Cook County. The property boasts a prime location with unparalleled access to major transportation arteries. Enjoy direct access to I-90, I-294, and O'Hare International Airport, making commuting a breeze. Public transportation is also readily available, with the Cumberland CTA Blue Line stop a mere 700 steps away, providing convenient access to downtown Chicago and O'Hare. Bus #81W also services the property, offering additional transit options. The building's strategic location on Cumberland Avenue, a major north-south artery, provides direct access to the Kennedy Expressway (I-90) and easy connection to the Tri-State Tollway (I-294). Illinois Route 72 (Higgins Road) offers convenient access to northern Chicago neighborhoods and Rosemont. Property taxes are $3.65 per square foot. This multi-tenant building presents a fantastic opportunity for businesses seeking efficient and well-connected office space in a thriving Chicago location. The property is classified as both Traditional and Executive Office space.

    Property Features for 8623 Bryn Mawr Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    13,704 SF
    Total Rate
    30834

    Unit(s) available at that property

    Space
    8601 W Bryn Mawr - Ste 101
    Size
    1,234 SF
    Rate per SF
    $27
    Space
    8604 W Catalpa - Ste 912
    Size
    3,358 SF
    Rate per SF
    $27
    Space
    8609 W Bryn Mawr - Ste 208
    Size
    2,407 SF
    Rate per SF
    $27
    Space
    8604 W Catalpa - Ste 901
    Size
    1,760 SF
    Rate per SF
    $27
    Space
    8615 W Bryn Mawr
    Size
    5,576 SF
    Rate per SF
    $27

    HighLights

    • Five suites available, 1,234 - 5,576 SF.
    • 13,704 SF building on a 6.99‑acre lot in Chicago, IL.
    • Excellent access to I‑90, I‑294, O'Hare Airport, and public transportation (CTA Blue Line & bus).
    • Property taxes: $3.65/SF.
    • Amenities include high‑end equipment, showers, tenant lounge, coffee bar, indoor game area, conference facilities, common courtyards, and on‑site management.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cordant Pharmacy Solutions Pharmacy John Keno & Co Construction Company Technologyville Inc Internet Service Provider

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.843293
    Latitude
    41.980676

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    FAQs

    What type of property is this?
    Office Property / Space - Chicago Office Space: 5 Suites Available
    Where is this office property / space located?
    The property is located at 8623 Bryn Mawr Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $27-$27 SF/Yr.
    What are key features of this property?
    This property features: Five suites available, 1,234 - 5,576 SF.; 13,704 SF building on a 6.99-acre lot in Chicago, IL.; Excellent access to I-90, I-294, O'Hare Airport, and public transportation (CTA Blue Line & bus).
    Request Owner's contact information
    8623 Bryn Mawr Ave Chicago, IL 60631
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8623 Bryn Mawr Ave Chicago, IL 60631
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