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New Construction Commercial Space Available
For Lease
$30 SF/Yr

952 W Carmen Avenue, Chicago, IL 60640

Commercial space in new construction, close to amenities and transportation.

Space SizeContact for details
Days on Market437

Property Features for 952 W Carmen Avenue

General Information

Standard status Active
Property subtype Commercial

Amenities

Central air
Central Air Cooling

Building Details

Year Built 2025
Listing Agency: DAVID L. GASSMAN
Listed By: DAVID GASSMAN · License #471012050
Source: Corcoran
Added: Jun 13, 2025 Changed: Aug 22 Last Checked: Aug 22 at 6:39AM

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 DAVID L. GASSMAN

Investment Insights

Based on property information with market context.

This commercial space is located in a newly constructed building. The property benefits from its proximity to Mariano's, various restaurants, the Asia on Argyle plaza, and the lakefront. Transportation is facilitated by easy access to Lake Shore Drive. The space features 12-foot ceilings.

Key Highlights

  • Brand new construction (built in 2025).
  • Prime location: walking distance to Mariano's, restaurants, Asia on Argyle plaza, and the lakefront.
  • Easy access to Lake Shore Drive.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Home Appliance Store (Bike/Boat/Book/etc) Store Auto Parts Store Catering Service Locksmith Tanning Salon

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

3,055
Businesses Nearby

Demographics for 60640, IL

65,941
Population
40,850
Households
1.6
Avg Household Size
38
Median Age
63%
College-Educated
92%
High-School Grad
2.4 sq mi
ZIP Area
27,475
Density / Sq Mi
$71,030
Median Household Income
$59,264
Median Earnings
$1,374
Median Rent
$363,300
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
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Frequently Asked Questions

What type of property is this?
Office units - Commercial space in new construction, close to amenities and transportation.
Where is this office units located?
The property is located at 952 W Carmen 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: Brand new construction (built in 2025).; Prime location: walking distance to Mariano's, restaurants, Asia on Argyle plaza, and the lakefront.; Easy access to Lake Shore Drive.
More about this property
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