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    108-114 W Illinois St Chicago, IL 60654

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    For Lease
    Contact for pricing

    Full floor office opportunity in the heart of River North.

    Property size:
    25,000 SF
    Lot size:
    0.18 Acres

    Property Features for 108-114 W Illinois St

    General Information

    Size
    25,000 SF
    Lot size
    0.18 Acres

    Source: Friedman Properties Agent Brian Chernett

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    River North Loft Office Space

    This property offers a full floor opportunity with approximately 25,000 total square feet across 3 floors. It features a brick timber loft design, providing great natural light and an open, creative space. A private rooftop opportunity is available. The property is located in the heart of the River North neighborhood. The award-winning Sunda restaurant is located on-site at street level. It offers easy access to public transportation, the I-90/94 expressway, the Loop, and the Merchandise Mart.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Food Market Clothing Store Grocery Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6315993
    Latitude
    41.8910726

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    FAQs

    What type of property is this?
    Office space - Full floor office opportunity in the heart of River North.
    Where is this office space located?
    The property is located at 108-114 W Illinois St Chicago, IL.
    What are key features of this property?
    This property features: - Full floor opportunity with approximately 25,000 square feet of open, creative space.; - Enjoy a private rooftop opportunity.; - Brick timber loft with great light.
    (312) 644-1100
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    108-114 W Illinois St Chicago, IL 60654
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