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

Second-floor executive office center with private offices and shared reception, conference rooms, kitchen, breakroom, and internet.

Property Size4,798 SF
Days on Market1249

Property Features for 101 W Grand Ave

General Information

Standard status Active
Size 4,798 SF
Elevators Yes
Property subtype OFFICE

Space & Availability

Floor 2
Space Use Office

Lease Terms

Lease Term 3 months
Flexible Term Yes

Additional Details

Public Transit Yes

Amenities

reception area
conference rooms
kitchen and breakroom
internet service
dramatic vaulted lobby
secure building with sentex security system and 24-hour surveillance
shared office space and conference center

Building Details

Year Built 1872
Year Renovated 1991
Listing Agency: Friedman Properties
Listed By: Brian Chernett
Source: Moodyscre
Added: Mar 2, 2023 Changed: Jul 29 Last Checked: Aug 1 at 12:06PM

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.

Executive office suites located on the second floor of the 101 W Grand building, offering tenants private offices alongside shared amenities. The suites collection includes a reception area, conference rooms, a kitchen and breakroom, and internet service. Lease terms start at three (3) months, supporting a flexible option for growing companies. The building totals 4,798 square feet and features a dramatic vaulted lobby reflecting the period design.

Built 1872–1874 and renovated in 1991, the property also supports office and retail/restaurant use and includes event space information for Maggiano’s banquets. The building is owner managed and described as secure with a Sentex security system and 24-hour surveillance, with one elevator serving the property. It is located in River North with excellent access to public transportation and ample public parking nearby, with access described as equally convenient to the Loop, Merchandise Mart, and Michigan Avenue.

Key Highlights

  • 4,798 SF executive office center on the second floor of 101 W Grand
  • Private offices plus shared reception, conference rooms, kitchen and breakroom, and internet
  • Lease terms start at three (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

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 office center with private offices and shared reception, conference rooms, kitchen, breakroom, and internet.
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: 4,798 SF executive office center on the second floor of 101 W Grand; Private offices plus shared reception, conference rooms, kitchen and breakroom, and internet; Lease terms start at three (3) months
(312) 670-9539 Call to check price and availability
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