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Executive Office Suites in Office Building
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101 W Grand Ave, Chicago, IL 60654

Second-floor executive suites feature private offices plus shared reception, conference rooms, kitchen/breakroom, and internet service.

Property Size610 SF
Days on Market1270

Property Features for 101 W Grand Ave

General Information

Standard status Active
Size 610 SF
Property subtype OFFICE

Additional Details

Flexible Term Yes

Amenities

reception area
conference rooms
kitchen
breakroom
internet service
security system
24-hour surveillance

Building Details

Year Built 1874
Year Renovated 1991
Tenancy Multi
Listing Agency: Friedman Properties
Listed By: Brian Chernett
Source: Moodyscre
Added: Feb 9, 2023 Changed: Jul 27 Last Checked: Aug 1 at 2:19PM

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.

Built between 1872 and 1874 and renovated in 1991, this executive office center is located on the second floor of the 101 W. Grand building. Suites offer the privacy of dedicated offices alongside shared amenities, including a reception area, conference rooms, a kitchen and breakroom, and internet service. Lease terms start at three months, and the building also includes a shared office space and conference center.

The property is owner-managed and features a dramatic vaulted lobby with period design. It is secured with a Sentex security system and 24-hour surveillance, and the building is served by one elevator. The location is described as River North, with excellent access to public transportation and ample public parking nearby. The building is home to Maggiano’s Little Italy restaurant and banquet facilities, including Maggiano’s banquets, and is described as equally accessible to the Loop, Merchandise Mart, and Michigan Avenue.

Key Highlights

  • Built 1872–1874 and renovated in 1991
  • Second‑floor executive office suites with private offices plus shared reception, conference rooms, kitchen/breakroom, and internet service
  • Executive office center operated by Friedman Properties; lease terms start at 3 months

Property Analytics

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

39,511
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

Market

Lease Benchmarks for Chicago, IL

$28.7 /SF/Yr
Avg Asking Price
$6.41–$70 /SF/Yr
Price Range
15,166 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 - Second-floor executive suites feature private offices plus shared reception, conference rooms, kitchen/breakroom, and internet service.
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: Built 1872–1874 and renovated in 1991; Second‑floor executive office suites with private offices plus shared reception, conference rooms, kitchen/breakroom, and internet service; Executive office center operated by Friedman Properties; lease terms start at 3 months
(312) 670-9539 Call to check price and availability
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