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Forty-Nine-Story Office Building with Parking Garage
For Lease
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10 E Ontario St, Chicago, IL 60611

110,000 sf of office space in a forty-nine-story building with an adjacent nine-level parking garage.

Property Size1,500 SF
Days on Market731

Property Features for 10 E Ontario St

General Information

Standard status Active
Size 1,500 SF
Property subtype RETAIL

Additional Details

Public Transit Yes

Building Details

Stories 49
Listing Agency: Stone Real Estate Corp.
Listed By: William Winter
Source: Moodyscre
Added: Jul 31, 2024 Changed: Jul 30 Last Checked: Jul 30 at 12:53PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Stone Real Estate Corp.

Investment Insights

Based on property information with market context.

This forty-nine-story building features 110,000 sf of office space and includes 467 condominium units. Retail space totals 14,853 sf within the building, providing additional flexibility for day-to-day services.

The property sits adjacent to a nine-level parking garage with 496 spaces, supporting tenant and visitor parking needs. Commuter access is served by the CTA red line and the 13 Michigan Avenue bus lines.

With office space integrated into a mixed-use, high-rise environment and substantial parking on-site, the building can support a range of office tenant requirements.

Key Highlights

  • 110,000 sf of office space
  • 14,853 sf of retail space
  • 467 condominium units

Property Analytics

Current Use

Open Avenue Therapy Social Services Organization Joseph Pomahac Synagogue Elizabeth Fugate, CRNA Physician ONTARIO PLACE RESIDENCES Condominium Complex Temporary Vip Suites Hotel & Motel

Suggested Use

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

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 60611, IL

38,456
Population
28,239
Households
1.4
Avg Household Size
39
Median Age
88%
College-Educated
99%
High-School Grad
0.8 sq mi
ZIP Area
48,070
Density / Sq Mi
$124,621
Median Household Income
$92,917
Median Earnings
$2,416
Median Rent
$608,200
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$23.25 /SF/Yr
Avg Asking Price
$16–$32.5 /SF/Yr
Price Range
112,327 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 building - 110,000 sf of office space in a forty-nine-story building with an adjacent nine-level parking garage.
Where is this office building located?
The property is located at 10 E Ontario St Chicago, IL.
What are key features of this property?
This property features: 110,000 sf of office space; 14,853 sf of retail space; 467 condominium units
(312) 878-9445 Call to check price and availability
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