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River North Class A Office
For Lease
$23 SF/Yr

808 N Cleveland Avenue, Chicago, IL 60610

Class A office suites for lease in River North.

Space SizeContact for details
Days on Market166

Property Features for 808 N Cleveland Avenue

General Information

Standard status Active
Property subtype Office

Building Details

Year Built 2023
Listing Agency: SVN | Chicago - Corporate
Listed By: Vaneesa Peeters
Source: Svn
Added: Mar 6 Changed: Jul 6 Last Checked: Aug 19 at 5:40AM

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 SVN | Chicago - Corporate

Investment Insights

Based on property information with market context.

Class A office suites are available for lease on the 4th floor in River North. The spaces range in size from 1,940 to 5,239 square feet. Garage parking is available. The location offers amenities and access for lessors. The property is part of a new development prominently positioned to attract attention and acts as a main artery connecting the Central Business District to River West. New residential developments have added over 1000 luxury units within a 1-mile radius. A major new casino development is slated for 2025. This location offers a huge opportunity for retail and office space users. The thoroughfare experiences a traffic count reaching 25,000 per day. Excellent public transit access is available. A new luxury development of 200 units has just been completed across the street.

Key Highlights

  • Class A spec office space in a high‑visibility River North location.
  • New asking rate reduction.
  • Garage parking available and excellent public transit access.

Property Analytics

Current Use

American Design Network (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Parts Store Nursing Home (Bike/Boat/Book/etc) Store Garden Center Pet Grooming Service 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
$3.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7,788
Businesses Nearby

Demographics for 60610, IL

43,794
Population
30,091
Households
1.5
Avg Household Size
34
Median Age
79%
College-Educated
97%
High-School Grad
1.1 sq mi
ZIP Area
39,813
Density / Sq Mi
$105,649
Median Household Income
$82,934
Median Earnings
$2,029
Median Rent
$543,000
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$29.31 /SF/Yr
Avg Asking Price
$6.8–$133 /SF/Yr
Price Range
13,714 SF
Avg Space Size

This space is priced 22% below the average of $29.31 /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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Class A office suites for lease in River North.
Where is this office units located?
The property is located at 808 N Cleveland Avenue Chicago, IL.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: Class A spec office space in a high‑visibility River North location.; New asking rate reduction.; Garage parking available and excellent public transit access.
More about this property
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