1940 S Western AVE #205 Chicago, IL 60608

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

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Key Details

Property Type Commercial

Sub Type Office/Tech

Listing Status Active

Purchase Type For Rent

MLS Listing ID 12557106

Year Built 1968

Lot Size 0.700 Acres

Property Sub-Type Office/Tech

Property Description

FULLY FURNISHED MODERN OFFICE SUBLET OPORTUNITY. The term is November 30, 2030, Approximately five (5) years. A new lease for a longer term is available. The present tenant, Esperanza Health Centers, is relocating its administrative offices to a new headquarters building. The premises are in immaculate condition and furnished with full amenities. In 2020 this former industrial space was completely renovated into a modern nicely decorated office with 42 work stations, 12 private offices, 3 conference rooms, 4 phonebooths, a classroom/event space, file room, storeroom, and ample employee gather space. Two freight elevators provide direct service to a 2 bay loading dock. One elevator has been renovated to be ADA compliant. The $19.25 MG includes the estimated 2026 CAM of $1.14 per SF and the estimated 2025 real estate taxes payable in 2026 of $1.79. The Pink Line at Western Station is one block south. The Metra at Western Station is two blocks north.

Location

State IL

County Cook

Area Chi - Lower West Side

Zoning COMMR

Interior

Cooling Central Individual

Flooring Carpet, Tile

Fireplace N

Exterior

Utilities Available Electric to Site, Natural Gas Available, Sewer Connected, Water Available

Building

Dwelling Type Office/Tech

Water Municipal Water

Structure Type Brick

Listed by Robert Thomas of Jameson Commercial

Nearby School & Business

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106