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Mixed-Use Office Building
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224 W Hill St, Chicago, IL 60610

Old Town Park III offers office space within a luxury mixed-use development with on-site parking.

Space Size15,093 SF
Days on Market675

Property Features for 224 W Hill St

General Information

Standard status Active
Size 15,093 SF
Property subtype OFFICE

Site & Location

Neighborhood Near North Side

Spaces For Lease

at 224 W Hill St
224 W Hill St AVAILABLE, Now
Floor 4
Size 15,093 SF
Type OFFICE
Rate Contact for pricing
Sublease No
- Old Town Park III is a luxury mixed-use development with access to abundant class A amenities, on-site parking and great proximity to the best talent in the city.
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Listing Agency: Madison Rose
Listed By: Adam Pines
Source: Moodyscre
Added: Dec 20, 2024 Changed: Oct 25 Last Checked: Oct 24 at 8:58PM

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 Madison Rose

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Investment Insights

Based on property information with market context.

Old Town Park III is a luxury mixed-use development featuring office buildings and office spaces available for rent. The property includes on-site parking to support tenant and visitor access.

The development is described as having great proximity to the best talent in the city, with access to abundant class A amenities.

Offered as a commercial office option within a broader mixed-use environment, the space is positioned to serve businesses seeking a modern, amenity-rich setting.

Key Highlights

  • Office space available within Old Town Park III, a luxury mixed‑use development.
  • On‑site parking included.
  • Access to class A amenities at the mixed‑use development.

Property Analytics

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Open Analytics

Current Use

Verano Corporate Office

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop Nursing Home (Bike/Boat/Book/etc) Store Garden Center Tattoo & Piercing Shop

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

Location Intelligence

Trade Area within ½ mile

8,564
Businesses Nearby

Demographics for 60610, IL

43,794
Population
30,091
Households
1.5
Avg Household Size
34
Median Age
79%
College-Educated
97%
High-School Grad
1.1 sq mi
ZIP Area
39,813
Density / Sq Mi
$105,649
Median Household Income
$82,934
Median Earnings
$2,029
Median Rent
$543,000
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

$22.55 /SF/Yr
Avg Asking Price
$11–$46 /SF/Yr
Price Range
51,730 SF
Avg Space Size

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

Frequently Asked Questions

What type of property is this?
Office building - Old Town Park III offers office space within a luxury mixed-use development with on-site parking.
Where is this office building located?
The property is located at 224 W Hill St Chicago, IL.
What are key features of this property?
This property features: Office space available within Old Town Park III, a luxury mixed‑use development.; On‑site parking included.; Access to class A amenities at the mixed‑use development.
(847) 814-1049 Call to check price and availability
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