River North Loft Office
For Lease
$28 SF/Yr
314 W Institute Place, Chicago, IL 60610
Updated River North loft with modern amenities and park views.
Space Size2,228 SF
Property Size20,000 SF
Days on Market211
Property Features for 314 W Institute Place
General Information
Standard status
Active
Size
2,228 SF
Class
B
Property subtype
Office
Lease Term
MG
Building Details
Building Size
20,000 SF
Year Built
1950
Spaces For Lease
at 314 W Institute Place Contact us- Size
- 2,228 SF
- Type
- Creative/Loft
- Term
- Negotiable
Suite 1W $28/SF/Yr
Listing Agency:
Bradford Allen Realty Services Chicago
(312) 994-5796
Listed By:
Craig A. Nadborne
Source:
Tcnworldwide
Added: Jan 27
Changed: Aug 8
Last Checked: Aug 26 at 7:18AM
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 Realty Services Chicago
Investment Insights
Based on property information with market context.
Located in River North, the property at 314 W. Institute Place features updated kitchens and en-suite washrooms in each space. This loft building combines rustic charm with modern amenities and overlooks a newly landscaped city park. The building is situated one block away from the Chicago "L" stop on the Brown line. Parking is available. The property features sandblasted exposed brick, concrete and timber lofts, a new elevator with private FOB entry, and high visibility signage. New individual HVAC systems and new private restrooms are included in each premises. The property has a total size of 20000 square feet.
Key Highlights
- Updated kitchens and en‑suite washrooms in each space.
- Prime River North location, one block from the Brown Line 'L' stop.
- Overlooks a newly landscaped city park.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.20 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
12,400
Businesses Nearby
Explore this area
Business Placement
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
Market
Lease Benchmarks for Chicago, IL
$29.78 /SF/Yr
Avg Asking Price
$7–$133 /SF/Yr
Price Range
14,248 SF
Avg Space Size
This space is priced 6% below the average of $29.78 /SF/Yr.
Vacancy Rate% for Office in Chicago, IL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Updated River North loft with modern amenities and park views.
Where is this office units located?
The property is located at 314 W Institute Place Chicago, IL.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Updated kitchens and en‑suite washrooms in each space.; Prime River North location, one block from the Brown Line 'L' stop.; Overlooks a newly landscaped city park.
