Listing Agency: Madison Rose Show Phone

Listed By: Andrew Marty Show Phone

Source: Moodyscre

Added: Dec 28, 2023 Changed: Jul 10 Last Checked: Jul 21 at 8:39AM

Report an Issue

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 Madison Rose

Investment Insights

Based on property information with market context.

This property offers office space within a luxury mixed-use development known as Old Town Park III. The development provides access to numerous Class A amenities and on-site parking. Its location offers proximity to a skilled workforce. The available space measures 15,093 square feet.

Key Highlights

• Luxury mixed‑use development
• Access to abundant class A amenities
• On‑site parking available

Property Analytics

Property Profile

Current Use

Verano Corporate Office

Suggested Use

Top Pick Auto Parts Store Nursing Home Auto Repair Shop (Bike/Boat/Book/etc) Store Garden Center Daycare Center

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

Location Intelligence

Trade Area within ½ mile

8,564

Businesses Nearby

Explore this area Business Placement

Market

Lease Benchmarks for Chicago, IL

$27.06 /SF/Yr

Avg Asking Price

$6.41–$70 /SF/Yr

Price Range

15,999 SF

Avg Space Size

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

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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?

Ask Rey about this property ...

Similar For Rent Nearby

Mixed-Use Retail/Office Space

451 E Pershing Rd, Chicago, IL 60653

$18 SF/Yr

3,300 sqft

View details

Flex Space with Rear Loading Dock

4714 S Cicero Avenue, Chicago, IL 60638

$13.20 SF/Yr

5,000 sqft

View details

Turnkey Office Suites in Mixed-Use Building

2232 N Clybourn Ave, Chicago, IL 60614

$17.75 SF/Yr

2,928 sqft

View details

Restaurant Space with Built-In Kitchen

3426 North Harlem Avenue, Chicago, IL 60634

$21 SF/Yr

3,000 sqft

View details

Furnished Corner Office Suite

55 East Wacker Drive, Chicago, IL 60601

$22.50 SF/Yr

4,175 sqft

View details

Private Medical Office Suite with Alcove

22 W Ontario Street #300-B, Chicago, IL 60654

$56 SF/Yr

799 sqft

View details

Retail Storefront with Street-Level Glass

2351 W North Avenue #1, Chicago, IL 60647

$30 SF/Yr

1,000 sqft

View details

High-Visibility Retail Storefront

9301 S Halsted Street, Chicago, IL 60620

$2,500/Mo

1,500 sqft

View details

Remodeled Corner Retail Storefront

3034 N PULASKI Road, Chicago, IL 60641

$18 SF/Yr

1,500 sqft

View details

Turnkey Medical Office Suite

1761-1777 W Wilson Ave, Chicago, IL 60640

$28 SF/Yr

2,000 sqft

View details

Move-In Ready Office Suite

566 West Lake Street, Chicago, IL 60661

$30 SF/Yr

2,000 sqft

View details

Updated Loft Retail/Office Space

540 N Lake Shore Drive #2, Chicago, IL 60611

$29 SF/Yr

3,693 sqft

View details

Frequently Asked Questions

What type of property is this?

Office units - Office space available in luxury mixed-use development.

Where is this office units located?

The property is located at 224 W Hill St Chicago, IL.

What are key features of this property?

This property features: Luxury mixed‑use development; Access to abundant class A amenities; On‑site parking available