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Modernized Loft Office Building
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343 W Erie St, Chicago, IL 60654

Modernized brick and timber loft office building with secured entry, keycard system, and freight elevator.

Space Size2,878 SF
Days on Market148

Property Features for 343 W Erie St

General Information

Standard status Active
Size 2,878 SF
Property subtype OFFICE
Lease Type NNN

Amenities

keycard security system
2 passenger elevators
1 freight elevator
Lunchdrop in lobby
loading dock

Building Details

Construction brick and timber

Spaces For Lease

at 343 W Erie St Contact us

343 W Erie St $30/SF/Yr

Floor
4
Size
2,878 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- 343 W Erie is a modernized brick and timber loft office building located in River...
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Listing Agency: Bradford Allen - Corporate
Listed By: Craig Nadborne
Source: Moodyscre
Added: Apr 16 Changed: Sep 9 Last Checked: Sep 10 at 11:21AM

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.

343 W Erie is a modernized brick and timber loft office building offering secured entry with a keycard security system. The building is served by two passenger elevators and one freight elevator, along with a lunchdrop in the lobby and a loading dock.

343 W Erie is located in Chicago’s River North, a walkable office submarket with access to transit and nearby surface parking options. Metered parking is available directly on Erie St, and the building is conveniently connected via the Chicago Brown/Purple CTA Station and Orleans St CTA bus routes.

The building’s overall configuration supports both daily tenant operations and deliveries, with dedicated freight service and loading facilities for move-ins and ongoing logistics.

Key Highlights

  • Modernized brick and timber loft office building in River North
  • Secured entry building with keycard security system
  • Features 2 passenger elevators plus 1 freight elevator

Property Analytics

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Current Use

TD Porch & Deck ... Construction Company Covert Recruiting Employment Agency Field Trip Factory Training Center Opportunity Zone Investments Financial Advisor Chicago Medx Medical Clinic

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Restaurant Buffet Pet Grooming Service Nursing Home 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
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

19,004
Businesses Nearby

Demographics for 60654, IL

23,890
Population
17,960
Households
1.3
Avg Household Size
34
Median Age
92%
College-Educated
99%
High-School Grad
0.5 sq mi
ZIP Area
47,780
Density / Sq Mi
$144,831
Median Household Income
$106,856
Median Earnings
$2,571
Median Rent
$495,900
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

$22.21 /SF/Yr
Avg Asking Price
$11–$46 /SF/Yr
Price Range
42,610 SF
Avg Space Size

This space is priced 35% above the average of $22.21 /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?
Office building - Modernized brick and timber loft office building with secured entry, keycard system, and freight elevator.
Where is this office building located?
The property is located at 343 W Erie St Chicago, IL.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: Modernized brick and timber loft office building in River North; Secured entry building with keycard security system; Features 2 passenger elevators plus 1 freight elevator
(773) 454-0159 Call to check price and availability
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