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

222 W Ontario Street #200, Chicago, IL 60654

Private offices, conference space, a kitchen, storage, and a restroom support a flexible office layout.

Space Size629 SF - 4,500 SF
Days on Market7

Property Features for 222 W Ontario Street #200

General Information

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

Space & Availability

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

Additional Details

Lease Term 36 months

Amenities

Central air
Central Air Cooling

Building Details

Year Built 1900
Listing Agency: COMPASS
Listed By: MATTHEW HARRIS · License #475165835
Source: Corcoran
Added: Aug 6 Changed: Aug 11 Last Checked: Aug 11 at 9:01AM

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 units are available in loft-style configurations ranging from 629 sq. ft. to 4,500 sq. ft. Suite 200 provides 4,500 sq. ft. with a reception area, six private offices, a large conference room, open work area, storage room, small kitchen, and restroom. The space also has convenient service-elevator access and is available for immediate occupancy.

The property is located at 222 W Ontario Street in Chicago’s River North area. Lease terms range from 1 to 3 years. The building was constructed in 1900.

Key Highlights

  • Suite 200 offers 4,500 sq. ft. of office space
  • Available office suites range from 629 sq. ft. to 4,500 sq. ft.
  • Six private offices plus a large conference room in Suite 200

Property 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

Market

Lease Benchmarks for Chicago, IL

$28.32 /SF/Yr
Avg Asking Price
$5.5–$133 /SF/Yr
Price Range
14,737 SF
Avg Space Size

This space is priced 29% below the average of $28.32 /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 - Private offices, conference space, a kitchen, storage, and a restroom support a flexible office layout.
Where is this office units located?
The property is located at 222 W Ontario Street #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 200 offers 4,500 sq. ft. of office space; Available office suites range from 629 sq. ft. to 4,500 sq. ft.; Six private offices plus a large conference room in Suite 200
More about this property
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