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Leased Office Condo
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261 S Jefferson St Unit LL4, Chicago, IL 60607

Currently occupied salon suite with four treatment rooms and a breakroom.

Property Size1,100 SF
Price / SF$118.18
Days on Market224

Property Features for 261 S Jefferson St Unit LL4

General Information

Standard status Active
Size 1,100 SF
Class B
Property subtype Office
Zoning DX-7
Lease Type NNN
Investment Type Owner/User

Building Details

Year Renovated 2020
Units 1
Listing Agency: SVN | Chicago Commercial
Listed By: Christian Peppler · License #IL 475152802
Source: Crexi
Added: Jan 22 Changed: Sep 2 Last Checked: Sep 1 at 11:01AM

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 SVN | Chicago Commercial

Investment Insights

Based on property information with market context.

This 1,100 SF office condominium at 261 S Jefferson St Unit LL4 is leased to an established salon through August 2028, with scheduled rent escalations. The interior includes a reception area, four treatment rooms, and a breakroom. The property is zoned DX-7 and offers 24-hour access, an intercom, buzzed entry, and on-site building management.

The unit is in Chicago’s West Loop, 0.2 miles from Union Station and 0.4 miles from Ogilvie Transportation Center. CTA Green, Pink, and Blue Line service, along with access to I-290 and I-90, is nearby. Paid and metered parking options are available in the surrounding area. The condo may also be acquired as part of a 5,900 SF lower-level portfolio.

Key Highlights

  • 1,100 SF office condo leased through August 2028
  • Salon layout with reception area, 4 treatment rooms, and breakroom
  • DX‑7 zoning with 24‑hour building access

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Buffet Adult Day Care Clothing & Fashion Store Nursing Home Restaurant Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

21,863
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 units - Currently occupied salon suite with four treatment rooms and a breakroom.
Where is this office units located?
The property is located at 261 S Jefferson St Unit LL4 Chicago, IL.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: 1,100 SF office condo leased through August 2028; Salon layout with reception area, 4 treatment rooms, and breakroom; DX‑7 zoning with 24‑hour building access
(312) 785-7328 Call to check price and availability
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