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Kinzie Corridor Loft Office Space
For Lease
$14 SF/Yr

348 N Ashland Avenue, Chicago, IL 60607

Loft office space in Kinzie Corridor with exposed features.

Space SizeContact for details
Days on Market481

Property Features for 348 N Ashland Avenue

General Information

Standard status Active
Property subtype Commercial

Amenities

Central air
Central Individual Cooling

Building Details

Year Built 1910
Listing Agency: STRAUSS REALTY LTD
Listed By: DAVID KAPLAN · License #475212948
Source: Corcoran
Added: May 12, 2025 Changed: Sep 4 Last Checked: Sep 4 at 7:16AM

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 STRAUSS REALTY LTD

Investment Insights

Based on property information with market context.

Available for lease are timber loft office units situated in a 2-story loft building within the Kinzie Corridor. The units feature full air conditioning and gas heating. Select spaces are equipped with a kitchenette and/or an interior bathroom. Architectural details include 12-foot sandblasted ceilings, exposed brick walls, and wood or resin floors. The property offers access to a drive-in door and street parking. Commuting is facilitated by its proximity to CTA trains, located just 2 blocks from the 'EL', and convenient access to I90/94, I290, Metra, and downtown Chicago. The building provides 24/7 secure entry. Four units are currently available: Suite 1D (2,473 SF), Suite 2B (2,200 SF), Suite 2C (2,495 SF), and Suite 2D (3,150 SF). Rents start at $13.50 PSF and up.

Key Highlights

  • Lower rent compared to nearby Fulton Market.
  • Variety of unit sizes available (2,200 SF - 3,150 SF).
  • Excellent transportation access**: walk to CTA 'EL', easy access to I90/94, I290, Metra, downtown Chicago.

Property Analytics

Current Use

Out-U-Go! Pet Care ... Dog Walker Umbrella Disinfecting Services Beach Cleaning Service InsulaTec General Contractor Chicago Copier Services Computer & Electronic Repair Mag Fitness Gym & Fitness Center

Suggested Use

Top Pick Auto Parts Store Storage Facility Auto Repair Shop Garden Center Veterinary Clinic Grocery & Convenience 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
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,087
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

$29.6 /SF/Yr
Avg Asking Price
$6–$133 /SF/Yr
Price Range
14,766 SF
Avg Space Size

This space is priced 53% below the average of $29.6 /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
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Frequently Asked Questions

What type of property is this?
Office units - Loft office space in Kinzie Corridor with exposed features.
Where is this office units located?
The property is located at 348 N Ashland Avenue Chicago, IL.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Lower rent compared to nearby Fulton Market.; Variety of unit sizes available (2,200 SF - 3,150 SF).; Excellent transportation access**: walk to CTA 'EL', easy access to I90/94, I290, Metra, downtown Chicago.
More about this property
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