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River North Executive Office Building
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401 W Superior St, Chicago, IL 60654

Multi-tenant office building in Chicago's vibrant River North neighborhood.

Space Size5,272 SF
Days on Market706

Property Features for 401 W Superior St

General Information

Standard status Active
Size 5,272 SF
Property subtype Office

Building Details

Year Built 1930

Spaces For Lease

at 401 W Superior St Contact us

5th Floor

Size
5,272 SF
Type
Office
Full Floor Executive Loft Office | Luxury Finishesn2 Private Offices | 10-Person...
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Listing Agency: SVN Chicago Commercial
Listed By: Olivia Wirth · License #475.161032
Source: Crexi
Added: Aug 29, 2024 Changed: Jul 6 Last Checked: Aug 3 at 3:58PM

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 SVN Chicago Commercial

Investment Insights

Based on property information with market context.

Located at the southwest corner of Superior and Sedgwick in Chicago, Illinois, 401 W. Superior Street is a 5-story multi-tenant executive office building in River North. The building offers full floor and individual professional office opportunities. Current tenants include KAI Volatility Advisors, Three Zero Three Capital Partners, ARB Trading Group, WJW Architects, and Rival Systems. The property is situated in River North, known for office and creative spaces, and is near restaurants, art galleries, and boutique shops. Transportation options include street parking, a nearby parking structure, and convenient access to the Chicago Brown/Purple line 'el' stop, as well as I-90 via Ontario.

Key Highlights

  • Prime River North location, Chicago's premier neighborhood.
  • Easy access to public transportation (Chicago Brown/Purple line 'el' stop) and I‑90.
  • Multi‑tenant executive office building with full floor and individual professional office opportunities.

Property Analytics

Current Use

Rival Systems (Bike/Boat/Book/etc) Store Three Zero Three ... Corporate Office ARB Fund Management Corporate Office Floodgates Audio Recording Studio Stadt Group, Ltd. Property Management Company

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Restaurant Buffet Butcher Nursing Home 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

NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

11,699
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

$18.58 /SF/Yr
Avg Asking Price
$11–$32.5 /SF/Yr
Price Range
42,869 SF
Avg Space Size

This space is priced 61% above the average of $18.58 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Multi-tenant office building in Chicago's vibrant River North neighborhood.
Where is this office building located?
The property is located at 401 W Superior 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: Prime River North location, Chicago's premier neighborhood.; Easy access to public transportation (Chicago Brown/Purple line 'el' stop) and I‑90.; Multi‑tenant executive office building with full floor and individual professional office opportunities.
(312) 770-0119 Call to check price and availability
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