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Office Suite with Open Area
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309 W Washington St, Chicago, IL 60606

Eight private offices, a kitchen, and shared workspace are arranged within a professionally operated office building.

Space Size2,289 SF
Property Size93,000 SF
Days on Market612

Property Features for 309 W Washington St

General Information

Standard status Active
Size 2,289 SF
Elevators Yes
Property subtype OFFICE
Lease Type Modified Gross

Space & Availability

Space Use Office
Private Offices 8

Amenities

on-site engineering service
responsive management
local, long-term ownership
lobby security
Naf Naf Grill

Building Details

Stories 13
Building Size 93,000 SF

Spaces For Lease

at 309 W Washington St Contact us

309 W Washington St $26/SF/Yr

Floor
3
Size
2,289 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Open space. Can be combined with 325 for 5,099 SF or 350 for 8,081 SF - 309 West...
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Listing Agency: Willard Jones Real Estate
Listed By: Jonathan Zimmerman · License #471009051
Source: Moodyscre
Added: Dec 28, 2024 Changed: Aug 31 Last Checked: Aug 31 at 1:37AM

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 Willard Jones Real Estate

Investment Insights

Based on property information with market context.

The 4,158-square-foot office suite includes eight offices, a kitchen, and an open area. Expansive windows overlook Washington and Franklin Streets, while high-speed elevators serve the building.

The suite is located within 309 W Washington, a 13-story office property containing 93,000 square feet in Chicago’s Loop. Building features include lobby security, on-site engineering, management services, and Naf Naf Grill on the ground floor.

Key Highlights

  • 4,158‑square‑foot office suite with eight offices, a kitchen, and an open area
  • Located at 309 W Washington St in Chicago’s Loop
  • Suite is within a 13‑story, 93,000‑square‑foot office building

Property Analytics

Current Use

Law Offices of David ... Law Firm Fitz Law Group Law Firm Canada à la ... Travel Agency Daniel Murphy Scholarship ... Charitable Organization DePaolo & Zadeikis Law Firm

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Auto Repair Shop Nursing Home 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
$3.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

36,014
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

$29.6 /SF/Yr
Avg Asking Price
$6–$133 /SF/Yr
Price Range
14,766 SF
Avg Space Size

This space is priced 12% below the average of $29.6 /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 units - Eight private offices, a kitchen, and shared workspace are arranged within a professionally operated office building.
Where is this office units located?
The property is located at 309 W Washington St Chicago, IL.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: 4,158‑square‑foot office suite with eight offices, a kitchen, and an open area; Located at 309 W Washington St in Chicago’s Loop; Suite is within a 13‑story, 93,000‑square‑foot office building
(312) 263-8787 Call to check price and availability
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