For Lease
$36/SF/YR

407 Peoria StChicago, IL 60607

6,000 SF Flex Space, Prime Location

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional 6,000-square-foot freestanding building presents a unique opportunity for lease in Chicago's vibrant West Loop submarket. Ideally situated on South Peoria Street, near the intersection of Van Buren, this single-tenant property boasts a highly desirable location, offering unparalleled access to the UIC-Halsted Blue Line station and the UIC campus via adjacent pedway access. The building's strategic placement within a dense urban retail and mixed-use area ensures high visibility and foot traffic. The space itself features a flexible layout, previously used as flex/retail space, perfect for a variety of businesses. High ceilings, reaching 12.5 feet to the truss, provide ample vertical space. The property includes 400 AMP 3-phase power, making it suitable for businesses with significant energy demands. The building is zoned DS-3 in Cook County and benefits from an average daily transit ridership of 6,049 at the nearby UIC-Halsted station, providing convenient access for employees and customers. An overhead garage adds further convenience. Property taxes are $5.43 per square foot. This is an exceptional opportunity to establish a presence in a thriving, high-traffic area with excellent transit access and proximity to a major university campus. The property's versatility and prime location make it an ideal investment for businesses seeking a strategic foothold in the West Loop.

Highlights

  • 6,000 SF freestanding flex/retail building in the West Loop submarket of Cook County.
  • Single-tenant occupancy.
  • 12.5' ceiling height to truss.
  • $5.43 per square foot annual property taxes.
  • 400 AMP, 3-phase power.
  • DS-3 zoning.

Property Details for 407 Peoria St

Property type
Retail properties, Industrial properties
RSF (Rentable sq. ft)
6,000 SF

Unit(s) available at that property

Space
Suite Available
Size
6,000 SF
Rate per SF
$36

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.8763435
Longitude
-87.6491535
407 Peoria St, Chicago, Illinois

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Contacts

Brad Belden
Brad Belden
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407 Peoria St, Chicago, Illinois, 60607

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

407 Peoria St
  • Brad Belden
    Brad Belden
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