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Single-Tenant Office Building with Parking
For Sale
Contact for pricing
Pending

1911-1921 S Indiana Ave, Chicago, IL 60616

Fully occupied office property with covered parking, a separate surface lot, and a long-standing State of IL tenancy.

Property SizeContact for details
Days on Market144

Property Features for 1911-1921 S Indiana Ave

General Information

Standard status Pending
Property subtype Office
Listing Agency: Northmarq Capital, LLC
Listed By: Drew Neems · License #IL475173395
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 3:56PM

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 Northmarq Capital, LLC

Investment Insights

Based on property information with market context.

This office property comprises a 208,000 SF single-tenant building occupied by the State of IL and supported by a 200-car private covered parking garage spanning floors 1–5. The tenancy includes a 5-year renewal commencing 6/1/2021. The building was constructed in 1995 to consolidate State operations and serves as the largest Illinois Department of Children & Family Services location and regional headquarters.

A separate 29,000 SF surface lot is positioned directly across the street and carries DX-5 zoning. The property is located at 1911-1921 S Indiana Avenue in Chicago’s South Loop, within 0.5 miles of One Central and 0.3 miles of the 78 Chicago development. McCormick Place and nearby interstate and railway connections are also identified in the property information.

Key Highlights

  • 208,000 SF single‑tenant office building
  • 100% occupied and leased to the State of IL
  • 200‑car private covered parking garage on floors 1–5

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Barber Shop Grocery & Convenience Store Carpet & Flooring Store HVAC Service (Bike/Boat/Book/etc) Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,447
Businesses Nearby

Demographics for 60616, IL

54,013
Population
26,912
Households
2
Avg Household Size
38
Median Age
53%
College-Educated
86%
High-School Grad
3.8 sq mi
ZIP Area
14,214
Density / Sq Mi
$77,841
Median Household Income
$53,415
Median Earnings
$1,329
Median Rent
$387,300
Median Home Value

Market

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 - Fully occupied office property with covered parking, a separate surface lot, and a long-standing State of IL tenancy.
Where is this office building located?
The property is located at 1911-1921 S Indiana Ave Chicago, IL.
What are key features of this property?
This property features: 208,000 SF single‑tenant office building; 100% occupied and leased to the State of IL; 200‑car private covered parking garage on floors 1–5
(773) 736-6461 Call to check price and availability
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