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River West Loft Office Space
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871-945 W Chestnut St, Chicago, IL

Creative loft office space in Chicago's River West neighborhood.

Space Size1,276 SF - 3,461 SF
Lot Size0.52 Acres
Days on Market835

Property Features for 871-945 W Chestnut St

General Information

Standard status Active
Size 1,276 SF - 3,461 SF
Lot size 0.52 Acres
Property subtype OFFICE
Lease Type Modified Gross

Spaces For Lease

at 871-945 W Chestnut St Contact us

871 - 945 W Chestnut St $24/SF/Yr

Floor
3
Size
3,269 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- 935 W. Chestnut is a 6 story, 65,000 square foot timber loft building in the River...
show more
Contact us

871 - 945 W Chestnut St $24/SF/Yr

Floor
2
Size
3,461 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- 935 W. Chestnut is a 6 story, 65,000 square foot timber loft building in the River...
show more
Contact us

871 - 945 W Chestnut St $24/SF/Yr

Floor
3
Size
1,276 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- 935 W. Chestnut is a 6 story, 65,000 square foot timber loft building in the River...
show more
Contact us

871 - 945 W Chestnut St $25/SF/Yr

Floor
4
Size
1,887 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- 935 W. Chestnut is a 6 story, 65,000 square foot timber loft building in the River...
show more
Contact us
Listing Agency: Blue Star Properties
Listed By: Mike Lombardo
Source: Moodyscre
Added: May 30, 2024 Changed: Aug 9 Last Checked: Sep 11 at 10:21AM

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 Blue Star Properties

Investment Insights

Based on property information with market context.

Located in the River West neighborhood of Chicago, 935 W. Chestnut is a 6-story timber loft building with 65,000 square feet of space. The property features creative loft office space with exposed brick and hardwood flooring. A rooftop deck and reserved surface parking are among the building's amenities. The available space is 1,887 square feet.

Key Highlights

  • Rooftop deck for relaxing and entertaining
  • Exposed brick adds character and charm
  • Hardwood flooring throughout

Property Analytics

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Current Use

Office Units

Suggested Use

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

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
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,393
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Chicago, IL

$30.01 /SF/Yr
Avg Asking Price
$6–$133 /SF/Yr
Price Range
14,172 SF
Avg Space Size

This space is priced 20% below the average of $30.01 /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 - Creative loft office space in Chicago's River West neighborhood.
Where is this office units located?
The property is located at 871-945 W Chestnut St Chicago, IL.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Rooftop deck for relaxing and entertaining; Exposed brick adds character and charm; Hardwood flooring throughout
(312) 855-2233 Call to check price and availability
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