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Turnkey Medical Office Suite
For Lease
$41 SF/Yr NNN

33 W Delaware Place 1e, Chicago, IL 60610

Configured for outpatient care with exam rooms, private offices, therapy space, and patient waiting areas.

Space Size4,400 SF
Days on Market31

Property Features for 33 W Delaware Place 1e

General Information

Standard status Active
Size 4,400 SF
Net Rentable 4,400 SF
Lease Type NNN

Space & Availability

Available Space 4,400 SF
Contiguous Space 4,400 SF
Space Use Medical Office
Condition Turnkey
Private Offices 8

Amenities

onsite heated parking garage

Building Details

Year Built 1985
Listing Agency: Baird & Warner
Listed By: Wesley Jonberg · License #IL475.124475
Source: Realtopiare
Added: Aug 3 Changed: Aug 28 Last Checked: Aug 31 at 7:28PM

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 Baird & Warner

Investment Insights

Based on property information with market context.

This 4,400-square-foot medical office suite is configured for outpatient operations and offered under an NNN lease. The layout includes 3 exam rooms with sinks, 8 offices, a physical therapy room, reception, and a waiting area. An updated breakroom with a full kitchen provides additional staff support space. The suite is located at 33 West Delaware Place, Suite 1E, in Chicago’s Gold Coast, at the Dearborn and Delaware intersection across from Washington Park.

An onsite heated parking garage is available for patients. Northwestern Memorial Hospital is within 1 mile, while Rush University Medical Center is 3 miles away. The building was constructed in 1985.

Key Highlights

  • 4,400 SF medical office suite available under an NNN lease
  • 3 exam rooms with sinks and 8 offices
  • Dedicated physical therapy room, reception, and waiting area

Property Analytics

Current Use

Ten East Delaware Real Estate Agency Dr. Robert J. ... Physician Delaware Place On The Park Apartment Building Walk Your Dog ... Kennel & Boarding Facility Xamtac Consulting Advertising Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Restaurant Butcher Tattoo & Piercing Shop 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

Location Intelligence

Trade Area within ½ mile

23,366
Businesses Nearby
Under-served
Demand for This Use

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

$31.53 /SF/Yr
Avg Asking Price
$8–$94 /SF/Yr
Price Range
30,056 SF
Avg Space Size

This space is priced 30% above the average of $31.53 /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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Configured for outpatient care with exam rooms, private offices, therapy space, and patient waiting areas.
Where is this medical office space located?
The property is located at 33 W Delaware Place 1e Chicago, IL.
What is the lease rate?
The lease rate is $41 SF/Yr.
What are key features of this property?
This property features: 4,400 SF medical office suite available under an NNN lease; 3 exam rooms with sinks and 8 offices; Dedicated physical therapy room, reception, and waiting area
More about this property
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