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Corner Office Building
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230 W Monroe St, Chicago, IL 60606

Corner office building totaling 2,000 SF, positioned blocks from major transportation hubs.

Space SizeContact for details
Property Size2,000 SF
Days on Market482

Property Features for 230 W Monroe St

General Information

Standard status Active
Size 2,000 SF
Property subtype OFFICE

Additional Details

Public Transit Yes
Listing Agency: Menashe Properties
Listed By: Lauren Menashe
Source: Moodyscre
Added: Apr 9, 2025 Changed: Jul 30 Last Checked: Aug 3 at 4:59AM

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 Menashe Properties

Investment Insights

Based on property information with market context.

230 W Monroe St is a corner office building situated at the intersection of Monroe and Franklin. The space totals 2,000 SF and is positioned within blocks of major transportation hubs, making it convenient for commuting and business travel.

With its central intersection location, the property offers straightforward access to surrounding transit options. It is currently offered for rent.

This is a compact office opportunity sized at 2,000 SF, well-suited for tenants looking for a manageable footprint in a well-connected, high-traffic area.

Key Highlights

  • 2,000 SF office building
  • Corner location at Monroe and Franklin
  • Blocks away from major transportation hubs

Property Analytics

Current Use

Porter Law Network Law Firm Chipotle Mexican Grill Restaurant Market Strategy Group ... Business Management Consultant TRC Companies, Inc. Environmental Consultant Dennemeyer & Associates, LLC Law Firm

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Nursing Home Buffet Pet Grooming Service Adult Day Care

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

34,213
Businesses Nearby

Demographics for 60606, IL

3,797
Population
3,032
Households
1.3
Avg Household Size
34
Median Age
93%
College-Educated
100%
High-School Grad
0.2 sq mi
ZIP Area
18,985
Density / Sq Mi
$139,148
Median Household Income
$107,490
Median Earnings
$2,535
Median Rent
$366,500
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$18.58 /SF/Yr
Avg Asking Price
$11–$32.5 /SF/Yr
Price Range
42,869 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 building - Corner office building totaling 2,000 SF, positioned blocks from major transportation hubs.
Where is this office building located?
The property is located at 230 W Monroe St Chicago, IL.
What are key features of this property?
This property features: 2,000 SF office building; Corner location at Monroe and Franklin; Blocks away from major transportation hubs
(503) 773-9228 Call to check price and availability
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