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River North Mixed-Use Opportunity
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101 W Grand Ave, Chicago, IL

Office, retail, and restaurant spaces in a prime location.

Space Size600 SF - 7,193 SF
Lot Size0.22 Acres
Days on Market315

Property Features for 101 W Grand Ave

General Information

Standard status Active
Size 600 SF - 7,193 SF
Lot size 0.22 Acres
Property subtype OFFICE

Spaces For Lease

at 101 W Grand Ave Contact us

101 W Grand Ave AVAILABLE, Now

Floor 5
Size 1,450 SF
Type OFFICE
Rate Contact for pricing
Sublease No
- Built 1872-1874/ renovated 1991 - Office, retail/ Restaurant - Event space info: maggiano's banquets - The suites collection is an executive office center operated by friedman properties on the second floor of the 101 w. grand building. here tenants enjoys the privacy of their own offices as well as shared amenities including a reception area, conference rooms, a kitchen and breakroom, and internet service. with lease terms starting at three (3) months, the suites collection is a flexible option that works well for growing companies. - Located in river north - Owner managed - Dramatic vaulted lobby reflective of the period design - Secure building with sentex security system and 24-hour surveillance - Excellent access to public transportation - Ample public parking nearby - Home to the original maggiano’s little italy restaurant and banquet facilities - One elevator - Shared office space and conference center - Surrounded by award-winning restaurants and high-end retail - Equally accessible to the loop, merchandise mart and michigan avenue
Contact us

101 W Grand Ave AVAILABLE, Now

Floor 4
Size 2,180 SF
Type OFFICE
Rate Contact for pricing
Sublease No
- Built 1872-1874/ renovated 1991 - Office, retail/ restaurant - Event space info: Maggiano's banquets - The suites collection is an executive office center operated by Friedman properties on the second floor of the 101 w. grand building. here tenants enjoys the privacy of their own offices as well as shared amenities including a reception area, conference rooms, a kitchen and breakroom, and internet service. with lease terms starting at three (3) months, the suites collection is a flexible option that works well for growing companies. - Located in river north - Owner managed - Dramatic vaulted lobby reflective of the period design - Secure building with sentex security system and 24-hour surveillance - Excellent access to public transportation - Ample public parking nearby - Home to the original maggiano’s little italy restaurant and banquet facilities - One elevator - Shared office space and conference center - Surrounded by award-winning restaurants and high-end retail - Equally accessible to the loop, merchandise mart and michigan avenue
Contact us

101 W Grand Ave AVAILABLE, Now

Floor 6
Size 4,620 SF
Type OFFICE
Rate Contact for pricing
Sublease No
- Built 1872-1874/ renovated 1991 - Office, retail/ restaurant - Event space info: Maggiano's banquets - The suites collection is an executive office center operated by Friedman properties on the second floor of the 101 w. grand building. here tenants enjoys the privacy of their own offices as well as shared amenities including a reception area, conference rooms, a kitchen and breakroom, and internet service. with lease terms starting at three (3) months, the suites collection is a flexible option that works well for growing companies. - Located in river north - Owner managed - Dramatic vaulted lobby reflective of the period design - Secure building with sentex security system and 24-hour surveillance - Excellent access to public transportation - Ample public parking nearby - Home to the original maggiano’s little italy restaurant and banquet facilities - One elevator - Shared office space and conference center - Surrounded by award-winning restaurants and high-end retail - Equally accessible to the loop, merchandise mart and michigan avenue
Contact us

101 W Grand Ave AVAILABLE, Now

Floor 6
Size 4,798 SF
Type OFFICE
Rate Contact for pricing
Sublease No
- Built 1872-1874/ renovated 1991 - Office, retail/ restaurant - Event space info: Maggiano's banquets - The suites collection is an executive office center operated by Friedman properties on the second floor of the 101 w. grand building. here tenants enjoys the privacy of their own offices as well as shared amenities including a reception area, conference rooms, a kitchen and breakroom, and internet service. with lease terms starting at three (3) months, the suites collection is a flexible option that works well for growing companies. - Located in river north - Owner managed - Dramatic vaulted lobby reflective of the period design - Secure building with sentex security system and 24-hour surveillance - Excellent access to public transportation - Ample public parking nearby - Home to the original maggiano’s little italy restaurant and banquet facilities - One elevator - Shared office space and conference center - Surrounded by award-winning restaurants and high-end retail - Equally accessible to the loop, merchandise mart and michigan avenue
Contact us

101 W Grand Ave AVAILABLE, Now

Floor 6
Size 600 SF
Type OFFICE
Rate Contact for pricing
Sublease No
- Built 1872-1874/ renovated 1991 - Office, retail/ restaurant - Event space info: Maggiano's banquets - The suites collection is an executive office center operated by Friedman properties on the second floor of the 101 w. grand building. here tenants enjoys the privacy of their own offices as well as shared amenities including a reception area, conference rooms, a kitchen and breakroom, and internet service. with lease terms starting at three (3) months, the suites collection is a flexible option that works well for growing companies. - Located in river north - Owner managed - Dramatic vaulted lobby reflective of the period design - Secure building with sentex security system and 24-hour surveillance - Excellent access to public transportation - Ample public parking nearby - Home to the original maggiano’s little italy restaurant and banquet facilities - One elevator - Shared office space and conference center - Surrounded by award-winning restaurants and high-end retail - Equally accessible to the loop, merchandise mart and michigan avenue
Contact us

101 W Grand Ave AVAILABLE, Now

Floor 4
Size 610 SF
Type OFFICE
Rate Contact for pricing
Sublease No
- Built 1872-1874/ renovated 1991 - Office, retail/ restaurant - Event space info: Maggiano's banquets - The suites collection is an executive office center operated by friedman properties on the second floor of the 101 w. grand building. here tenants enjoys the privacy of their own offices as well as shared amenities including a reception area, conference rooms, a kitchen and breakroom, and internet service. with lease terms starting at three (3) months, the suites collection is a flexible option that works well for growing companies. - Located in river north - Owner managed - Dramatic vaulted lobby reflective of the period design - Secure building with sentex security system and 24-hour surveillance - Excellent access to public transportation - Ample public parking nearby - Home to the original maggiano’s little italy restaurant and banquet facilities - One elevator - Shared office space and conference center - Surrounded by award-winning restaurants and high-end retail - Equally accessible to the loop, merchandise mart and michigan avenue
Contact us

101 W Grand Ave AVAILABLE, Now

Floor 4
Size 2,326 SF
Type OFFICE
Rate Contact for pricing
Sublease No
- Built 1872-1874/ renovated 1991 - Office, retail/ restaurant - Event space info: maggiano's banquets - The suites collection is an executive office center operated by friedman properties on the second floor of the 101 w. grand building. here tenants enjoys the privacy of their own offices as well as shared amenities including a reception area, conference rooms, a kitchen and breakroom, and internet service. with lease terms starting at three (3) months, the suites collection is a flexible option that works well for growing companies. - Located in river north - Owner managed - Dramatic vaulted lobby reflective of the period design - Secure building with sentex security system and 24-hour surveillance - Excellent access to public transportation - Ample public parking nearby - Home to the original Maggiano's little Italy restaurant and banquet facilities - One elevator - Shared office space and conference center - Surrounded by award-winning restaurants and high-end retail - Equally accessible to the loop, merchandise mart and Michigan avenue
Contact us

101 W Grand Ave AVAILABLE, Now

Floor 5
Size 7,193 SF
Type OFFICE
Rate Contact for pricing
Sublease No
- Built 1872-1874/ renovated 1991 - Office, retail/ restaurant - Event space info: maggiano's banquets - The suites collection is an executive office center operated by friedman properties on the second floor of the 101 w. grand building. here tenants enjoys the privacy of their own offices as well as shared amenities including a reception area, conference rooms, a kitchen and breakroom, and internet service. with lease terms starting at three (3) months, the suites collection is a flexible option that works well for growing companies. - Located in river north - Owner managed - Dramatic vaulted lobby reflective of the period design - Secure building with sentex security system and 24-hour surveillance - Excellent access to public transportation - Ample public parking nearby - Home to the original maggiano’s little italy restaurant and banquet facilities - One elevator - Shared office space and conference center - Surrounded by award-winning restaurants and high-end retail - Equally accessible to the loop, merchandise mart and Michigan avenue
Contact us
Listing Agency: Friedman Properties
Listed By: Brian Chernett
Source: Moodyscre
Added: Nov 24, 2025 Changed: Oct 1 Last Checked: Oct 4 at 12:47PM

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 Friedman Properties

Investment Insights

Based on property information with market context.

This mixed-use property, originally built between 1872 and 1874 and renovated in 1991, offers office, retail, and restaurant spaces. Located in the River North neighborhood, the building is owner-managed and features a dramatic vaulted lobby reflective of the period design. It is a secure building with a Sentex security system and 24-hour surveillance, providing a safe environment for tenants and visitors. The property benefits from excellent access to public transportation and ample public parking nearby. The building is home to the original Maggiano’s Little Italy restaurant and banquet facilities. The Suites Collection, operated by Friedman Properties on the second floor, provides an executive office center with private offices and shared amenities, including a reception area, conference rooms, a kitchen and breakroom, and internet service. Lease terms start at three months, offering a flexible option for growing companies. The property has one elevator and features shared office space and a conference center. The surrounding area includes award-winning restaurants and high-end retail, and is equally accessible to the Loop, Merchandise Mart, and Michigan Avenue. The property offers 7,193 square feet of space.

Key Highlights

  • Prime River North location, equally accessible to the Loop, Merchandise Mart, and Michigan Avenue.
  • Secure building with Sentex security system and 24‑hour surveillance.
  • Home to the original Maggiano's Little Italy restaurant and banquet facilities.

Property Analytics

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Current Use

Performance Integration Medical Clinic Mamassage Medical & Spa ... Alternative Medicine Practice Gilmore Dulcie Theater & Performing Art Venue Siegman Consulting Services Advertising Agency National Manufacturing Energy ... Industrial Manufacturer

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Nursing Home Buffet Butcher Restaurant

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

39,511
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Chicago, IL

$27.29 /SF/Yr
Avg Asking Price
$4.8–$94 /SF/Yr
Price Range
15,713 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 - Office, retail, and restaurant spaces in a prime location.
Where is this office units located?
The property is located at 101 W Grand Ave Chicago, IL.
What are key features of this property?
This property features: Prime River North location, equally accessible to the Loop, Merchandise Mart, and Michigan Avenue.; Secure building with Sentex security system and 24‑hour surveillance.; Home to the original Maggiano's Little Italy restaurant and banquet facilities.
(312) 670-9539 Call to check price and availability
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