1911 W Foster Ave | For Lease — Lease in Chicago, IL

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Chicago, IL 60640
  • Size: 10,934 SF

Description

Turnkey Retail / Office Opportunity in Lincoln Square ±840 Rentable SF | Asking $24.00/SF/YR | Fully Built Out | Move-In Ready Position your business in one of Chicago’s most established and sought-after North Side neighborhoods at 1911 W. Foster Avenue . Located in Lincoln Square , this 840-square-foot commercial space presents a unique opportunity for a small business, professional office, boutique retailer, service provider, or entrepreneurial concept seeking a high-quality, fully built-out space without the time and expense associated with a major renovation or new construction build-out . The space has been renovated, is in excellent condition, and is ready for immediate tenant occupancy , making it an attractive option for businesses looking to open quickly and efficiently. At just ±840 rentable square feet , the suite offers a manageable footprint that allows an operator to maintain a professional physical location while controlling occupancy costs—a particularly compelling opportunity for businesses that do not require a large storefront or traditional office environment. The efficient size and turnkey condition make the space well-suited for a variety of potential concepts, including professional services, consulting, accounting, insurance, financial services, real estate, creative firms, boutique retail, wellness concepts, personal services, appointment-based businesses, and other neighborhood-serving commercial uses , subject to applicable zoning and licensing requirements. Offered at an asking rental rate of $24.00 per square foot per year , 1911 W. Foster Avenue provides prospective tenants with the opportunity to establish a presence in the broader Lincoln Square/Ravenswood trade area , surrounded by a dense mix of residential neighborhoods, independently owned businesses, restaurants, retailers, and service-oriented establishments. The property’s Foster Avenue location also provides convenient connectivity throughout Chicago’s North Side. The immediat

Market Context

This office in Chicago, IL is listed for lease across 10,934 SF. It has been on the market for 17 days. Compare it against other office listings for lease in Chicago, IL — view the full market.

As of Q1 2026, the Chicago office market showed a 26.9% vacancy rate, average asking rents near $45.41/SF/yr, rents up 5.2% year over year, and cap rates around 9.8%. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Office market FAQ

What is the typical cap rate for office in Chicago?
About 9.8% as of Q1 2026, per multiple brokerage reports.
Is the Chicago office market tightening or softening?
Vacancy is around 26.9%, with asking rents rising year over year (Q1 2026).

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