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Historic Office Building with Freight Elevator
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400 N Clark St, Chicago, IL 60654

Secure, owner-managed office space in a historic building with 11-foot ceilings, operable windows, and tenant-controlled HVAC.

Property Size3,846 SF
Days on Market1291

Property Features for 400 N Clark St

General Information

Standard status Active
Size 3,846 SF
Property subtype OFFICE

Additional Details

Clear Height 11 ft

Amenities

24-hour surveillance
tenant-controlled HVAC
operable windows
passenger elevator
freight elevator
Listing Agency: Friedman Properties
Listed By: Brian Chernett
Source: Moodyscre
Added: Jan 19, 2023 Changed: Jul 26 Last Checked: Aug 1 at 6:57AM

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 Friedman Properties

Investment Insights

Based on property information with market context.

This secured, owner-managed office building offers distinctive historic character with 11-foot ceilings, exposed brick, and hardwood floors. Space includes tenant-controlled HVAC and operable windows. The building provides both a passenger elevator and a dedicated freight elevator, supporting a range of office move-in and service needs.

The office entrance is located at 100 W. Kinzie. The property is positioned for convenient transit access with ample public parking nearby. It is described as steps from the Loop and Merchandise Mart, with surrounding restaurants and high-end retail nearby.

Built in the 1870s, the building is served by a Sentex security system with 24-hour surveillance.

Key Highlights

  • Secure, owner‑managed office/retail space in a building built in the 1870s
  • 11' high ceilings with exposed brick and hardwood floors
  • One passenger elevator and one dedicated freight elevator

Property Analytics

Current Use

The Smith Restaurant Americana Submarine Take-out & Catering Radical Storage - Luggage ... Storage Facility Bounce Luggage Storage ... Storage Facility

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Nursing Home Buffet Tattoo & Piercing Shop Adult Day Care

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

11 ft
Clear height
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

39,511
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

$28.7 /SF/Yr
Avg Asking Price
$6.41–$70 /SF/Yr
Price Range
15,166 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 units - Secure, owner-managed office space in a historic building with 11-foot ceilings, operable windows, and tenant-controlled HVAC.
Where is this office units located?
The property is located at 400 N Clark St Chicago, IL.
What are key features of this property?
This property features: Secure, owner‑managed office/retail space in a building built in the 1870s; 11' high ceilings with exposed brick and hardwood floors; One passenger elevator and one dedicated freight elevator
(312) 670-9539 Call to check price and availability
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