Renovated Office and Restaurant
For Lease
Contact for pricing
1431 W Hubbard St, Chicago, IL 60642
Entirely renovated space includes a rooftop deck, 12-foot ceilings, oversized windows, and a new secure Schindler elevator.
Space SizeContact for details
Property Size2,410 SF
Days on Market998
Property Features for 1431 W Hubbard St
General Information
Standard status
Active
Size
2,410 SF
Property subtype
RETAIL
Lease Type
SF/yr
Spaces For Lease
at 1431 W Hubbard St Contact us1431 W Hubbard St $25 – $26/SF/Yr
Contact us
Listing Agency:
CRE Advising
(312) 493-4472
Listed By:
Marc Bombicino
Source:
Moodyscre
Added: Nov 10, 2023
Changed: Jul 26
Last Checked: Aug 3 at 1:30PM
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 CRE Advising
Investment Insights
Based on property information with market context.
This renovated commercial space was completed through a full gut-out restoration and features exposed brick and timber, polished concrete floors, skylights at the entrance, and oversized windows throughout. Interior finishes include a quartz and euro style kitchenette located in every unit, along with 12-foot ceilings that support a flexible, open feel. A brand new Schindler elevator is in place, and the property also offers a 2,000 sf rooftop deck.
Operational amenities include 24/7 key-fob access, reserved secure parking, and a 53-foot loading dock. The zoning is listed as PMD 4 (planned manufacturing district).
The configuration is well suited for a range of tenant needs including office, restaurant, or catering use, based on the property’s permitted direction in the listing materials.
Operational amenities include 24/7 key-fob access, reserved secure parking, and a 53-foot loading dock. The zoning is listed as PMD 4 (planned manufacturing district).
The configuration is well suited for a range of tenant needs including office, restaurant, or catering use, based on the property’s permitted direction in the listing materials.
Key Highlights
- Entirely renovated, complete gut‑out restoration
- Rooftop deck with 2,000 SF of outdoor space
- 12‑foot ceilings with skylights at the entrance and oversized windows
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
5,109
Businesses Nearby
Explore this area
Business Placement
Demographics for 60642, IL
21,687
Population
12,144
Households
1.8
Avg Household Size
33
Median Age
78%
College-Educated
97%
High-School Grad
1.7 sq mi
ZIP Area
12,757
Density / Sq Mi
$141,179
Median Household Income
$90,885
Median Earnings
$2,216
Median Rent
$604,200
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$27.93 /SF/Yr
Avg Asking Price
$5.5–$133 /SF/Yr
Price Range
13,686 SF
Avg Space Size
This space is priced 11% below the average of $27.93 /SF/Yr.
Vacancy Rate% for Office in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Entirely renovated space includes a rooftop deck, 12-foot ceilings, oversized windows, and a new secure Schindler elevator.
Where is this office units located?
The property is located at 1431 W Hubbard St Chicago, IL.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Entirely renovated, complete gut‑out restoration; Rooftop deck with 2,000 SF of outdoor space; 12‑foot ceilings with skylights at the entrance and oversized windows
