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    117-121 N Jefferson St Chicago, IL 60661

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    For Lease
    $28 SF/Yr ($5,012 /Mo)

    Renovated loft office space with exposed brick and timber.

    Property size:
    2,148 SF
    Lot size:
    0.15 Acres

    Property Features for 117-121 N Jefferson St

    General Information

    Size
    2,148 SF
    Lot size
    0.15 Acres

    Source: Willard Jones Real Estate Agent Jonathan Zimmerman

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

    Overview

    Renovated Loft Office Space

    This renovated loft office space features contemporarily finished, exposed brick and timber, and plenty of natural light. The space includes a kitchen and bathroom. The Haymarket Building pays homage to the working-class individuals who used to congregate at the nearby Haymarket Square Farmers’ Market in the 1880s. The building also memorializes those permanently impacted by the Haymarket Affair that forever changed the American Labor movement on May 4, 1886. The property offers 2148 square feet of office and creative space.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6422946
    Latitude
    41.8837401

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    FAQs

    What type of property is this?
    Office space - Renovated loft office space with exposed brick and timber.
    Where is this office space located?
    The property is located at 117-121 N Jefferson St Chicago, IL.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: - Renovated loft office space with contemporary finishes.; - Exposed brick and timber create a unique, desirable atmosphere.; - Plenty of natural light floods the open space layout with kitchen and bathroom.
    (312) 263-8787
    Request Owner's contact information
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    Chicago, IL 60661
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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
    117-121 N Jefferson St Chicago, IL 60661
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