1942 South Western Avenue
Spaces
Office | Single tenant | 14,869 SqFt
Building 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.
Location Description
1942 South Western Avenue is located on Chicago’s Lower West Side near Pilsen and Heart of Italy. Close to restaurants, shopping, and daily conveniences. The Pink Line at Western Station is one block south. The Metra at Western Station is two blocks north.
Esperanza Health Centers is relocating its administrative offices to a new headquarters building. The premises are in immaculate condition and very nicely furnished with full amenities.
Building highlights
- Fully furnished, move-in-ready office sublease available through November 30, 2030 (longer term possible).
- Renovated in 2020 from industrial to modern office space; in excellent condition.
- Features 42 workstations, 12 private offices, 3 conference rooms, phone booths, event space, and ample collaboration areas.
- Two freight elevators with access to a 2-bay loading dock (one ADA compliant).
- $19.25 MG (includes CAM and real estate taxes).
- Steps from Pink Line Western and Metra Western stations.
- $19.25 Modified Gross per RSF
- Base Rent Escalation 3%
- 2026 Estimate Cam: $1.14 per RSF
- 2026 Estimated Taxes: $1.79 per RSF
- Prorata Share: 23.8%
- Loading Docks: 2
- Reception;
- Open kitchen with seating for 24;
- Open lounge;
- 10 Position Call Center; 42 Workstations; 12 Private Offices: 3 Conference Rooms; Classroom/Event Space; HR Department with 2 Interview Rooms
- 4 Phone booths;
- File Room;
- Storeroom
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