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222 W Ontario Street, Chicago, IL 60654

Commercial Lease, Chicago, IL

Space Size629 SF - 4,500 SF
Days on Market59

Property Features for 222 W Ontario Street

General Information

Property type Commercial Lease
Property subtype Office
Directions East on Ohio to 153 W Ohio Street
Subdivision CHI - Near North Side
Standard status Active

Utilities

Cooling system Central Air

Building Details

Year built 1900
Floors in Building 6
Building materials Brick
Listing Agency: Compass
Listed By: Matthew Harris · License #475165835
Added: Aug 5 Changed: Aug 20 Last Checked: Oct 2 at 9:06AM
MLS# 12725604

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Office units are available in multiple configurations from 629 square feet to 4,500 square feet. The featured 4,500-square-foot Suite 200 includes a reception area, six private offices, a large conference room, open work area, storage room, small kitchen, and restroom. Loft-style interiors are housed in a brick building with central air conditioning, and the suite has service-elevator access.

The property is located at 222 W Ontario Street in Chicago’s River North area, within ZIP Code 60654. Lease terms range from 1 to 3 years, with immediate occupancy identified for the available suites. The building dates to 1900.

Key Highlights

  • Office suites range from 629 sq. ft. to 4,500 sq. ft.
  • Featured Suite 200 offers 4,500 sq. ft. with six private offices and a large conference room
  • Suite 200 includes reception, open work, storage, a small kitchen, and restroom areas

Property Analytics

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Current Use

Gragert Research Consultant Dr. Michael Gontarek Alternative Medicine Practice Electric Hotel Nightclub Olsys LTD (Bike/Boat/Book/etc) Store Capital Luxury Consultant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Restaurant Tattoo & Piercing Shop Pet Grooming Service Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

30,068
Businesses Nearby

Demographics for 60654, IL

23,890
Population
17,960
Households
1.3
Avg Household Size
34
Median Age
92%
College-Educated
99%
High-School Grad
0.5 sq mi
ZIP Area
47,780
Density / Sq Mi
$144,831
Median Household Income
$106,856
Median Earnings
$2,571
Median Rent
$495,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Chicago, IL

$29.27 /SF/Yr
Avg Asking Price
$4.8–$133 /SF/Yr
Price Range
16,313 SF
Avg Space Size

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Available configurations include reception, private offices, conference space, storage, kitchen, and restroom areas.
Where is this office units located?
The property is located at 222 W Ontario Street Chicago, IL.
What are key features of this property?
This property features: Office suites range from 629 sq. ft. to 4,500 sq. ft.; Featured Suite 200 offers 4,500 sq. ft. with six private offices and a large conference room; Suite 200 includes reception, open work, storage, a small kitchen, and restroom areas
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