Date
Details
Price
Change
Source
2/16/2026
Listed
$20
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$20
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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.
Full Property Details
Full Property Details for 1940 S Western Ave #205
General
- Price: $20
- Status: Active
- Type: Commercial Lease
- Source: MRED
- MLS ID: 12557106
- Updated: 2/22/2026
- Added to Site: 47 day(s) ago
Interior
- Interior Features: Common Lunchroom(s), Employee Kitchen, Freight Elevator(s), Accessible Washroom/s
- Flooring: Carpet, Tile
Additional Information
- Security/Safety: Alarm on Site
Location
- Area: CHI - Lower West Side
- County: Cook
- Township: West Chicago
- Driving Directions: Ogden Avenue to Western Avenue south to property. Two long blocks south of Western Avenue
- Location Details: Chicago West, Mixed-Use Area
Heating & Cooling
- Cooling Type: Central Individual
- Heating Type: Central Heat/Individual Controls, Forced Air, Gas
Utilities
- Water: Municipal Water
- Onsite: Electricity to Site, Natural Gas Available, Sewer Connected, Water Available
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- # Loading Docks: 1
- Loading: Common
- Sub-Flooring: Carpet, Tile
- Stories/Levels: 2
- Year Built: 1968
- Built Before 1978: Yes
Unit Information
- # Tenants: 1
Lot Features
- Lot Size (Acres): 0.7
- Zoning: COMMR
Financial Considerations
- Lease Price: $19
- For Sale/Rent/Lease: For Rent Only
- Security Deposit: Alarm On Site
- Assessment Year: 1968
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Tax Stops
Disclosures and Reports
- Documents Avail.: Backup Package
Listed by Jameson Commercial and Jameson Sotheby's Intl Realty
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Listing agents
— 1940 S Western Ave #205 —
Jameson Commercial
Jameson Sotheby's Intl Realty
312-335-3246
NMLS#: 1598647
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Schools
Schools serving 1940 S Western Ave #205
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Pickard Elementary School 2301 West 21st Place, Chicago, IL 60608 | K-8 | 0.2 mi |
Juarez Community Academy High School 1450 West Cermak Road, Chicago, IL 60608 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1940 S Western Ave #205
Estimate the Cost
Estimate the Cost for 1940 S Western Ave #205
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- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 1Total Bath
- 1,008Sq. Ft.
Listed by Lisa Clemente (708) 268-8641
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 1,625Sq. Ft.
- Single Family
- Active
- Updated 16 hours ago
- 3Beds
- 1Total Bath
- 1,500Sq. Ft.
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1940 S Western Avenue #205, Chicago, IL 60608 (MLS# 12557106) is a Commercial Lease property. 1940 S Western Avenue #205 is currently listed for $20 and was received on February 16, 2026. Want to learn more about 1940 S Western Avenue #205? Do you have questions about finding other Commercial Lease real estate for sale in Lower West Side? You can browse all Lower West Side real estate or contact a Coldwell Banker agent to request more information.