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Mixed-Use Medical Office and Retail
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10 E Ontario Street N-902, Chicago, IL 60611

Six-story mixed-use asset with a connected 208-stall parking garage and ground-level retail on State Street.

Property Size127,750 SF
Price / SF$0.16
Days on Market48

Property Features for 10 E Ontario Street N-902

General Information

Standard status Active
Size 127,750 SF
Total Parking Spaces 208
Property subtype Vacant Land
Occupancy 76%

Building Details

Year Built 1983
Stories 6
Listing Agency: Ellen Gutiontov
Listed By: Ellen Gutiontov, Michael Gutiontov
Source: Saladinosells
Added: Jul 25 Changed: Sep 8 Last Checked: Sep 9 at 8:54PM

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 Ellen Gutiontov

Investment Insights

Based on property information with market context.

One East Erie is a unique six-story mixed-use property completed in 1983. The offering includes a connected 208-stall parking garage and 15,369 RSF of ground-level retail. The Property is described as currently 75.5% leased, with medical office repositioning presented as an available strategy.

The commercial portion sits along State Street, identified in the remarks as heavily trafficked. The building is positioned at the base of a 467-unit luxury condominium that is not part of the offering. Expenses between the residential and commercial components are governed by a Declaration of Covenants, Conditions, Restrictions and Easements Agreement.

The Property combines structured parking, ground-level retail, and office space within a single connected asset, supported by in-place parking activity and retail tenancy per the provided remarks.

Key Highlights

  • 127,750 RSF six‑story mixed‑use asset completed in 1983 in Chicago’s River North submarket
  • 208‑stall parking garage connected to the property, with 15,369 RSF of ground‑level retail on State Street
  • Currently 75.5% leased

Property Analytics

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Current Use

Open Avenue Therapy Marriage Or Relationship Counselor 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

75.5%
Occupancy

Location Intelligence

Trade Area within ½ mile

33,588
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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?
Medical Office Space - Six-story mixed-use asset with a connected 208-stall parking garage and ground-level retail on State Street.
Where is this medical office space located?
The property is located at 10 E Ontario Street N-902 Chicago, IL.
What are key features of this property?
This property features: 127,750 RSF six‑story mixed‑use asset completed in 1983 in Chicago’s River North submarket; 208‑stall parking garage connected to the property, with 15,369 RSF of ground‑level retail on State Street; Currently 75.5% leased
More about this property
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