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    5401 Wentworth Ave Chicago, IL 60609

    For Lease
    $15 SF/Yr

    Prime Chicago location, flexible suites available

    Lot size:
    159,631 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional two-story, Class B office building, located at 5401 S Wentworth Ave in Chicago, IL, offers 159,631 square feet of space with multiple tenancy options. The property boasts a convenient location, easily accessible via public transportation (CTA Red Line across the street, four on-site bus stops) and with ample parking. Suites range from a minimum of 1,400 square feet to a maximum contiguous space of 10,000 square feet, providing flexibility for various business needs. Currently, 10,000 square feet of space is vacant, including two first-floor retail spaces (1,400-1,500 sq ft each) and various second-floor office spaces ranging from 2,226 to 10,000 square feet. The building enjoys high visibility from the Dan Ryan Expressway, with an estimated daily traffic count of 307,100 vehicles. A diverse mix of existing tenants, including restaurants, a nail salon, and a Family Dollar, creates a vibrant and convenient environment. This property presents a unique opportunity for businesses seeking a well-located, versatile office space in a thriving Chicago neighborhood. The building features a total of 20 suites across its two stories, situated in Cook County, zip code 60609.

    Property Features for 5401 Wentworth Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    159,631 SF
    Class
    B
    Total Rate
    199538.75

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    20W
    Size
    2,646 SF
    Rate per SF
    $25
    Space
    16W
    Size
    1,500 SF
    Rate per SF
    $35
    Space
    18W-19W
    Size
    5,216 SF
    Rate per SF
    $25
    Space
    17W
    Size
    1,400 SF
    Rate per SF
    $35

    HighLights

    • High‑speed elevator access.
    • Secure common area entry.
    • Excellent highway frontage and visibility.
    • Strong tenant base with nearby amenities including ATM, pharmacy, and restaurants.
    • 24/7 security system.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dynamic Dental Services Dentist Accurate Biometrics, Inc. Fingerprinting Service Peter Francis Geraci ... Bankruptcy Attorney Hair Experts Hair Salon New Grand Chinese ... Chinese Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.630065711334
    Latitude
    41.795797713227

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Chicago location, flexible suites available
    Where is this office property / space located?
    The property is located at 5401 Wentworth Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $25-$35 SF/Yr.
    What are key features of this property?
    This property features: High-speed elevator access.; Secure common area entry.; Excellent highway frontage and visibility.
    Request Owner's contact information
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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
    5401 Wentworth Ave Chicago, IL 60609
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