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Executive Office Suites with Conference Rooms
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101 W Grand Ave, Chicago, IL 60654

Executive office suites on the second floor with shared reception, conference rooms, kitchen and internet service.

Property Size7,193 SF
Days on Market1270

Property Features for 101 W Grand Ave

General Information

Standard status Active
Size 7,193 SF
Elevators Yes
Property subtype OFFICE

Space & Availability

Floor 2
Space Use Private Office
Sublease No

Additional Details

Flexible Term Yes
Public Transit Yes

Amenities

reception area
conference rooms
kitchen and breakroom
internet service
conference center
security system
24-hour surveillance

Building Details

Year Renovated 1991
Listing Agency: Friedman Properties
Listed By: Brian Chernett
Source: Moodyscre
Added: Feb 9, 2023 Changed: Jul 30 Last Checked: Aug 1 at 6:54AM

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 Friedman Properties

Investment Insights

Based on property information with market context.

This executive office center is located on the second floor of the 101 W. Grand building. Built between 1872 and 1874 and renovated in 1991, the space offers private offices with shared amenities, including a reception area, conference rooms, a kitchen and breakroom, and internet service. Lease terms start at three (3) months, supporting flexible occupancy for growing companies.

The building is owner managed and features a dramatic vaulted lobby. It is secured with a Sentex security system and 24-hour surveillance, and the building has one elevator. The property is located in River North and provides excellent access to public transportation, with ample public parking nearby.

The building is home to the original Maggiano’s Little Italy restaurant and banquet facilities, which provide event space context for the overall building environment.

Key Highlights

  • 7193 SF executive office suites on the second floor of 101 W. Grand
  • Built 1872–1874, renovated 1991
  • Shared reception area, conference rooms, kitchen and breakroom, plus internet service

Property Analytics

Current Use

Performance Integration Medical Clinic Mamassage Medical & Spa ... Alternative Medicine Practice Gilmore Dulcie Theater & Performing Art Venue Siegman Consulting Services Advertising Agency National Manufacturing Energy ... Industrial Manufacturer

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Nursing Home Buffet Butcher Restaurant

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

Location Intelligence

Trade Area within ½ mile

39,511
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

Market

Lease Benchmarks for Chicago, IL

$28.7 /SF/Yr
Avg Asking Price
$6.41–$70 /SF/Yr
Price Range
15,166 SF
Avg Space Size

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 units - Executive office suites on the second floor with shared reception, conference rooms, kitchen and internet service.
Where is this office units located?
The property is located at 101 W Grand Ave Chicago, IL.
What are key features of this property?
This property features: 7193 SF executive office suites on the second floor of 101 W. Grand; Built 1872–1874, renovated 1991; Shared reception area, conference rooms, kitchen and breakroom, plus internet service
(312) 670-9539 Call to check price and availability
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