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Loft-Style Office Suite
New
For Lease
$20 SF/Yr

222 W Ontario St Unit 200, Chicago, IL 60654

Several suite configurations are offered for lease, with terms ranging from one to three years.

Space Size629 SF - 4,500 SF
Days on Market5

Property Features for 222 W Ontario St Unit 200

General Information

Standard status Active
Size 629 SF - 4,500 SF
Net Rentable 629 SF
Elevators Yes

Space & Availability

Available Space 629-4,500 SF
Contiguous Space 4,500 SF
Space Use Office
Available From Immediate

Additional Details

Lease Term 36 months

Building Details

Year Built 1900
Listing Agency: Compass
Listed By: Matthew Harris · License #475165835
Source: Realtopiare
Added: Sep 28 Last Checked: Oct 1 at 5:13PM

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 Compass

Investment Insights

Based on property information with market context.

Office suites are available in a loft-style building constructed in 1900. Suite 200 spans 4,500 sq. ft. and includes a reception area, six private offices, a conference room, open work area, storage, a small kitchen and a restroom. Access to a service elevator is available.

Additional suite sizes range from 629 sq. ft. to 4,500 sq. ft. The property is at 222 W Ontario St in Chicago, and lease terms run from 1 to 3 years.

Key Highlights

  • Suite options range from 629 sq. ft. to 4,500 sq. ft.
  • Suite 200 offers 4,500 sq. ft. with six private offices and a conference room
  • Reception area, open work area, storage, small kitchen and restroom in Suite 200

Property Analytics

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Open Analytics

Current Use

Gragert Research Consultant Dr. Michael Gontarek Alternative Medicine Practice Electric Hotel Nightclub Olsys LTD (Bike/Boat/Book/etc) Store Capital Luxury Consultant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Restaurant Tattoo & Piercing Shop Pet Grooming Service Nursing Home

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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

30,068
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

$29.27 /SF/Yr
Avg Asking Price
$4.8–$133 /SF/Yr
Price Range
16,313 SF
Avg Space Size

This space is priced 32% below the average of $29.27 /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 - Several suite configurations are offered for lease, with terms ranging from one to three years.
Where is this office units located?
The property is located at 222 W Ontario St Unit 200 Chicago, IL.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Suite options range from 629 sq. ft. to 4,500 sq. ft.; Suite 200 offers 4,500 sq. ft. with six private offices and a conference room; Reception area, open work area, storage, small kitchen and restroom in Suite 200
More about this property
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