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West Loop Loft Office Space
For Lease
$22 SF/Yr

112 S Sangamon St, Chicago, IL 60607

Premier loft office space in Chicago's rapidly developing West Loop.

Space Size1,900 SF - 6,250 SF
Property Size31,250 SF
Days on Market167

Property Features for 112 S Sangamon St

General Information

Standard status Active
Size 1,900 SF - 6,250 SF
Property subtype Office
Lease Term MG; Gross

Building Details

Building Size 31,250 SF

Spaces For Lease

at 112 S Sangamon St Contact us

3rd Floor - Suite 3B $22/SF/Yr

Size
1,900 SF
Term
Negotiable
Contact us

Second Floor $22/SF/Yr

Size
6,250 SF
Type
Office Building
Term
Negotiable
Contact us

Suite 3A $22/SF/Yr

Size
4,250 SF
Type
Creative/Loft
Term
Negotiable
Contact us
Listing Agency: SVN Commercial Partners
Listed By: Scott R. Maesel · License #BK3436826
Source: Svnchicago
Added: Mar 6 Changed: Aug 8 Last Checked: Aug 8 at 6:21AM

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 SVN Commercial Partners

Investment Insights

Based on property information with market context.

These premier loft office spaces are located across from Mary Bartelme Park in Chicago's West Loop/Fulton Market area. This neighborhood, a former warehouse district, is among the most rapidly developing in the country and has been ranked as one of the top 20 coolest neighborhoods in the world by TimeOut. Originally characterized by factories, meat markets, and wholesale produce outlets, the area has experienced a significant demographic shift over the last decade. The historic brick and timber loft buildings that define the neighborhood have been largely converted into luxury condos, creative offices, art galleries, critically acclaimed restaurants, hotels, and retail boutiques. The available spaces feature exposed brick, heavy timber construction, and high ceilings. The property is located in the heart of the West Loop, surrounded by world-renowned restaurants, entertainment venues, and hotels. It is within walking distance of the Metra at Union Station, the Morgan & UIC CTA Stations, and offers easy access to I-90/94 & 290. The space offers an excellent 2nd Generation delivery. This property is owned by an Illinois Real estate broker.

Key Highlights

  • Located in the heart of the rapidly developing West Loop/Fulton Market, one of the top 20 coolest neighborhoods in the world.
  • Premier loft office spaces across from Mary Bartelme Park.
  • Exposed brick and heavy timber with high ceilings.**

Property Analytics

Current Use

Redfin | Chicago Real ... Real Estate Agency Bay Equity Home ... Loan Service Madison+Carpenter Condominium Complex Midwest Community Bank Bank GreenState Mortgage - Michael ... Loan Service

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Restaurant Buffet Adult Day Care Nursing Home Clothing & Fashion Store

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
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

10,224
Businesses Nearby

Demographics for 60607, IL

31,816
Population
16,540
Households
1.9
Avg Household Size
31
Median Age
81%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
13,833
Density / Sq Mi
$126,307
Median Household Income
$79,870
Median Earnings
$2,333
Median Rent
$494,300
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$38.03 /SF/Yr
Avg Asking Price
$8–$120 /SF/Yr
Price Range
5,771 SF
Avg Space Size

This space is priced 42% below the average of $38.03 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Creative space - Premier loft office space in Chicago's rapidly developing West Loop.
Where is this creative space located?
The property is located at 112 S Sangamon St Chicago, IL.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Located in the heart of the rapidly developing West Loop/Fulton Market, one of the top 20 coolest neighborhoods in the world.; Premier loft office spaces across from Mary Bartelme Park.; Exposed brick and heavy timber with high ceilings.**
More about this property
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