Listing Agency: Blue Star Properties Show Phone

Listed By: Amy Skalla Show Phone

Source: Moodyscre

Added: Nov 28, 2023 Changed: Jul 10 Last Checked: Jul 21 at 6:32AM

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Investment Insights

Based on property information with market context.

This property offers a penthouse suite featuring lofted ceilings, skylights, and hardwood flooring throughout. The ceiling heights vary from 12'5" to 19'5". The property provides office space with a total size of 10,641 square feet.

Key Highlights

• Penthouse suite
• Lofted ceiling
• Skylights

Property Analytics

Property Profile

Current Use

Office Units

Suggested Use

Top Pick Buffet Adult Day Care Clothing & Fashion Store Nursing Home Restaurant Florist

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

$2.85 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

2,670

Businesses Nearby

Explore this area Business Placement

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

This space is priced 34% below the average of $28.7 /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

Questions? Ask Rey

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What type of property is this? Where is this office units located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office units - Unique penthouse office space featuring lofted ceilings and skylights.

Where is this office units located?

The property is located at 206-208 S Jefferson St Chicago, IL.

What is the lease rate?

The lease rate is $19 SF/Yr.

What are key features of this property?

This property features: Penthouse suite; Lofted ceiling; Skylights