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Mixed-Use Marketplace Building
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222 W Merchandise Mart Plz, Chicago, IL 60654

Mixed-use space with on-site management, banking, conferencing, a food court, and multiple restaurants and cafes.

Space Size22,870 SF
Days on Market678

Property Features for 222 W Merchandise Mart Plz

General Information

Standard status Active
Size 22,870 SF
Property subtype OFFICE

Amenities

Shops at the Mart
Banking
Conferencing Facility
Food Court
On-Site Management
Hotel
Regular networking events hosted
Various restaurants and cafes
Convenient access to public transportation

Spaces For Lease

at 222 W Merchandise Mart Plz Contact us

222 W Merchandise Mart Plz $31/SF/Yr

Floor
9
Size
22,870 SF
Type
OFFICE
Availability
AVAILABLE, Now
Sublease
No
-Shops at the Mart; Banking; Conferencing Facility; Food Court; On-Site Management;...
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Listing Agency: Stream Realty Partners | Chicago
Listed By: Andrea Saewitz
Source: Moodyscre
Added: Nov 4, 2024 Changed: Sep 9 Last Checked: Sep 12 at 9:00AM

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 Stream Realty Partners | Chicago

Investment Insights

Based on property information with market context.

This mixed-use marketplace building offers a range of commercial uses, including banking, a conferencing facility, and a food court. The property is supported by on-site management and includes various restaurants and cafes throughout the building, along with a hotel.

The property features convenient access to public transportation. Regular networking events are hosted on-site, and the building is positioned to support day-to-day traffic from multiple on-site amenities.

For tenants seeking space within an operating commercial environment, the combination of dining options, conferencing activity, and on-site management provides an established platform for day-to-day business operations.

Key Highlights

  • Mixed‑use building with on‑site management
  • On‑site banking services
  • Conferencing facility for meetings and events

Property Analytics

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Open Analytics

Current Use

Top Box Foods Food Processing Plant Legal Services Link Law Firm Kravet Inc (Bike/Boat/Book/etc) Store Pallas Textiles Clothing Store Lloyd Flanders Big Box & Wholesale Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Buffet Pet Grooming Service Restaurant Adult Day Care Clothing & Fashion Store

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
$4.65 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

32,307
Businesses Nearby

Demographics for 60654, IL

23,890
Population
17,960
Households
1.3
Avg Household Size
34
Median Age
92%
College-Educated
99%
High-School Grad
0.5 sq mi
ZIP Area
47,780
Density / Sq Mi
$144,831
Median Household Income
$106,856
Median Earnings
$2,571
Median Rent
$495,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Chicago, IL

$22.21 /SF/Yr
Avg Asking Price
$11–$46 /SF/Yr
Price Range
42,610 SF
Avg Space Size

This space is priced 40% above the average of $22.21 /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 building - Mixed-use space with on-site management, banking, conferencing, a food court, and multiple restaurants and cafes.
Where is this office building located?
The property is located at 222 W Merchandise Mart Plz Chicago, IL.
What is the lease rate?
The lease rate is $31 SF/Yr.
What are key features of this property?
This property features: Mixed‑use building with on‑site management; On‑site banking services; Conferencing facility for meetings and events
(312) 919-1740 Call to check price and availability
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