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227 W Monroe St, Chicago, IL 60606

Elevator-served office space with reception, multiple storage rooms, and a large kitchen and café breakroom.

Property Size13,947 SF
Days on Market996

Property Features for 227 W Monroe St

General Information

Standard status Active
Size 13,947 SF
Elevators Yes
Property subtype OFFICE

Additional Details

Furnished Yes

Amenities

storage rooms
kitchen and café breakroom
reception area
Listing Agency: Bradford Allen - Corporate
Listed By: Nathan J. Meisner
Source: Moodyscre
Added: Nov 10, 2023 Changed: Jul 31 Last Checked: Aug 2 at 7:54AM

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 Bradford Allen - Corporate

Investment Insights

Based on property information with market context.

This 13,947-square-foot office property is configured for professional services and includes an inviting reception area served by an elevator. The space features newly purchased furniture, multiple smaller storage rooms, an enlarged storage and HVAC room, and a large kitchen and café breakroom area.

Located at 227 W Monroe St in Chicago, the property offers a downtown office address within the 60606 ZIP code.

Key Highlights

  • 13,947 square feet of office space
  • Configured for professional services
  • Elevator access with inviting reception area

Property Analytics

Current Use

Glanbia Nutritionals Inc Food Processing Plant Blackwell Brys Cheryl Law Firm Reiter Michael A Law Firm Amazo Health Inc Corporate Office Zekelman Industries Industrial Manufacturer

Suggested Use

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

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

34,213
Businesses Nearby

Demographics for 60606, IL

3,797
Population
3,032
Households
1.3
Avg Household Size
34
Median Age
93%
College-Educated
100%
High-School Grad
0.2 sq mi
ZIP Area
18,985
Density / Sq Mi
$139,148
Median Household Income
$107,490
Median Earnings
$2,535
Median Rent
$366,500
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$28.7 /SF/Yr
Avg Asking Price
$6.41–$70 /SF/Yr
Price Range
15,166 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
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Frequently Asked Questions

What type of property is this?
Office units - Elevator-served office space with reception, multiple storage rooms, and a large kitchen and café breakroom.
Where is this office units located?
The property is located at 227 W Monroe St Chicago, IL.
What are key features of this property?
This property features: 13,947 square feet of office space; Configured for professional services; Elevator access with inviting reception area
(312) 994-5774 Call to check price and availability
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