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Heavy Timber Loft Office Portfolio
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213 N Morgan St, Chicago, IL 60607

Multi-tenant buildings offer adaptive-reuse potential for office or mixed-use redevelopment.

Property Size78,616 SF
Lot Size0.80 Acres
Days on Market144

Property Features for 213 N Morgan St

General Information

Standard status Active
Size 78,616 SF
Lot size 0.80 Acres
Property subtype Office

Building Details

Construction heavy timber loft
Tenancy Multi
Listing Agency: NelsonHill Commercial Real Estate
Listed By: Michael D. Nelson, SIOR · License #IL 475116714
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 4:21PM

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 NelsonHill Commercial Real Estate

Investment Insights

Based on property information with market context.

This office portfolio combines 78,616 SF of multi-tenant heavy timber loft space across three properties. The buildings sit on a combined 34,664 SF of land, creating an assemblage with existing structures and substantial site area for future planning.

The properties are located at 213 N. Morgan, 212 N. Sangamon, and 940 W. Lake Street in Chicago’s Fulton Market neighborhood. The stated redevelopment concepts include adaptive reuse of the existing buildings and ground-up development for residential or mixed-use office use.

Key Highlights

  • 78,616 SF portfolio of multi‑tenant heavy timber loft space
  • Combined 34,664 SF of land across the portfolio
  • Three Chicago properties at 213 N. Morgan, 212 N. Sangamon, and 940 W. Lake Street

Property Analytics

Current Use

Charlie App Corporate Office Kalindi Patel Psychotherapist Laura Lynne Boudoir (Bike/Boat/Book/etc) Store Green Home Chicago Renovation Specialist Dr. Michelle Dees Physician

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Buffet Restaurant Adult Day Care Clothing & Fashion Store

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

8,450
Businesses Nearby

Demographics for 60607, IL

31,816
Population
16,540
Households
1.9
Avg Household Size
31
Median Age
81%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
13,833
Density / Sq Mi
$126,307
Median Household Income
$79,870
Median Earnings
$2,333
Median Rent
$494,300
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 - Multi-tenant buildings offer adaptive-reuse potential for office or mixed-use redevelopment.
Where is this office building located?
The property is located at 213 N Morgan St Chicago, IL.
What are key features of this property?
This property features: 78,616 SF portfolio of multi‑tenant heavy timber loft space; Combined 34,664 SF of land across the portfolio; Three Chicago properties at 213 N. Morgan, 212 N. Sangamon, and 940 W. Lake Street
More about this property
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