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

222 W Ontario Street #400, Chicago, IL 60654

Flexible loft offices offer immediate occupancy with reception, private office, conference, kitchen, and restroom areas.

Space Size629 SF - 4,500 SF
Days on Market7

Property Features for 222 W Ontario Street #400

General Information

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

Space & Availability

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

Lease Terms

Lease Term 36 months
Flexible Term Yes

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 12 at 6:20AM

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.

Loft-style office units are available for immediate occupancy in a historic building completed in 1900. Suite 400 provides a built-in reception area, private office, conference room, open work area, small kitchen, and restroom within 2,250 square feet. Additional suites range from 629 square feet to 4,500 square feet, supporting a variety of office configurations.

The property is located at 222 W Ontario Street in Chicago’s River North area. Lease terms range from 1 to 3 years, allowing occupiers to select a term aligned with their space requirements and planning horizon.

Key Highlights

  • Office suites from 629 sq. ft. to 4,500 sq. ft.
  • Suite 400 includes 2,250 sq. ft. with reception, private office, conference room, open work area, kitchen, and restroom
  • Loft‑style office space available for immediate occupancy

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Flexible loft offices offer immediate occupancy with reception, private office, conference, kitchen, and restroom areas.
Where is this office units located?
The property is located at 222 W Ontario Street #400 Chicago, IL.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Office suites from 629 sq. ft. to 4,500 sq. ft.; Suite 400 includes 2,250 sq. ft. with reception, private office, conference room, open work area, kitchen, and restroom; Loft‑style office space available for immediate occupancy
More about this property
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