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Modern Loft Office Space Available
For Lease
$28 SF/Yr

1229 N North Branch Street #201, Chicago, IL 60642

Loft office space in trendy Goose Island location.

Space SizeContact for details
Days on Market698

Property Features for 1229 N North Branch Street #201

General Information

Standard status Active

Building Details

Year Built 1950
Listing Agency: SPERRY VAN NESS
Listed By: MARCUS SULLIVAN · License #475139568
Source: Corcoran
Added: Sep 27, 2024 Changed: Mar 16 Last Checked: Mar 16 at 9:08AM

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 SPERRY VAN NESS

Investment Insights

Based on property information with market context.

The property at 1229 North North Branch, Suite 201, offers approximately 473 square feet of office space situated on the ground floor of a timber loft-style building. These modern loft offices are move-in ready and offer customizable layout options. The building features access to loading docks and drive-in doors, along with a recently renovated common area and high-speed internet. Tenants can enjoy a rooftop deck with panoramic city views. The property is located on Chicago's Goose Island, near breweries, restaurants, retailers, and public transportation. It is within walking distance of the CTA Blue Line (Division) and CTA Red Line (Division) stations. Dedicated surface parking is available. Nearby establishments include Nordstrom Rack, Curaleaf, Target, Lululemon, Best Buy, Bed Bath & Beyond, Crate and Barrel, REI, Whole Foods, Goose Island Shrimp House, Off Color Brewing taproom, and Passion House Coffee. The property and zoning allow for a variety of uses, including traditional office, medical, fitness, dance, salon, education, catering, and pet grooming.

Key Highlights

  • Flexible property and zoning allows for a wide variety of uses (office, medical, fitness, salon, education, etc.).
  • Tenant rooftop deck with panoramic city views.
  • Conveniently located on Chicago's trendy Goose Island, near breweries, restaurants, retailers, and public transportation.

Property Analytics

Current Use

Tyrant Designs CNC Industrial Manufacturer TRAIN WITH TONY Gym & Fitness Center Aaime Business Management Consultant Poetic Productions Film Production Mobile Foot Doctors Physician

Suggested Use

Top Pick Building Supply Auto Parts Store Big Box & Wholesale Store Auto Repair Shop Garden Center HVAC Service

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
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,276
Businesses Nearby

Demographics for 60642, IL

21,687
Population
12,144
Households
1.8
Avg Household Size
33
Median Age
78%
College-Educated
97%
High-School Grad
1.7 sq mi
ZIP Area
12,757
Density / Sq Mi
$141,179
Median Household Income
$90,885
Median Earnings
$2,216
Median Rent
$604,200
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$29.78 /SF/Yr
Avg Asking Price
$7–$133 /SF/Yr
Price Range
14,248 SF
Avg Space Size

This space is priced 6% below the average of $29.78 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Loft office space in trendy Goose Island location.
Where is this office units located?
The property is located at 1229 N North Branch Street #201 Chicago, IL.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Flexible property and zoning allows for a wide variety of uses (office, medical, fitness, salon, education, etc.).; Tenant rooftop deck with panoramic city views.; Conveniently located on Chicago's trendy Goose Island, near breweries, restaurants, retailers, and public transportation.
More about this property
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