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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 Market724

Property Features for 222 W Merchandise Mart Plz

General Information

Standard status Active
Size 22,870 SF
Property subtype OFFICE

Site & Location

Neighborhood River North

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
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; Hotel -Regular networking events hosted -Various restaurants and cafes throughout the building -Convenient access to public transportation
Contact us
Listing Agency: Stream Realty Partners | Chicago
Listed By: Andrea Saewitz
Source: Moodyscre
Added: Nov 4, 2024 Changed: Oct 26 Last Checked: Oct 28 at 10:32AM

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

Rey
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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

Who owns this building? See the owner, sales and loan history
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

$22.43 /SF/Yr
Avg Asking Price
$11–$46 /SF/Yr
Price Range
52,418 SF
Avg Space Size

This space is priced 38% above the average of $22.43 /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

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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