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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 keycard security, secured entry, and multiple elevators, plus lobby lunchdrop.

Property Size5,820 SF
Days on Market108

Property Features for 343 W Erie St

General Information

Standard status Active
Size 5,820 SF
Elevators Yes
Property subtype RETAIL

Additional Details

Public Transit Yes

Amenities

keycard security system
secured entry
Lunchdrop in lobby
loading dock
surface parking lots
metered parking

Building Details

Construction brick & timber
Listing Agency: Bradford Allen - Corporate
Listed By: Craig Nadborne
Source: Moodyscre
Added: Apr 16 Changed: Jul 30 Last Checked: Aug 1 at 7:28AM

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 with secured, keycard-enabled entry. The building includes two passenger elevators and one freight elevator, along with a loading dock. A lunchdrop is located in the lobby for convenient deliveries.

The property is located in River North and offers access to nearby surface parking lots within 1 block, with metered parking available directly on Erie St. Commuters benefit from the Chicago Brown/Purple CTA Station and proximity to the Orleans St CTA bus routes.

With an emphasis on secured access and operational practicality, 343 W Erie is positioned to support office tenants seeking a contemporary loft-style workplace in a highly walkable Chicago submarket.

Key Highlights

  • Modernized brick and timber loft office building
  • Keycard security system and secured entry
  • Two passenger elevators and one freight elevator

Property Analytics

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

Location Intelligence

Trade Area within ½ mile

28,625
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

Market

Lease Benchmarks for Chicago, IL

$23.25 /SF/Yr
Avg Asking Price
$16–$32.5 /SF/Yr
Price Range
112,327 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 building - Modernized brick and timber loft office building with keycard security, secured entry, and multiple elevators, plus lobby lunchdrop.
Where is this office building located?
The property is located at 343 W Erie St Chicago, IL.
What are key features of this property?
This property features: Modernized brick and timber loft office building; Keycard security system and secured entry; Two passenger elevators and one freight elevator
(773) 454-0159 Call to check price and availability
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