Timber Loft Office/Retail
For Lease
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420 N Wabash Ave, Chicago, IL 60611
Timber loft office/retail suite on the lobby level with exposed columns and a 13-foot exposed ceiling.
Property Size3,673 SF
Days on Market854
Property Features for 420 N Wabash Ave
General Information
Standard status
Active
Size
3,673 SF
Property subtype
OFFICE
Listing Agency:
Friedman Properties
(312) 670-9539
Listed By:
Brian Chernett
Source:
Moodyscre
Added: Apr 1, 2024
Changed: Jul 27
Last Checked: Aug 1 at 2:14PM
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 timber loft office/retail suite is located on the building’s lobby level and features exposed timber columns and a 13-foot-high exposed timber ceiling. The space includes a dramatic loft renovation and high ceilings, designed to highlight the interior character of the building.
The building is owner managed and secured with a Sentex security system and 24-hour surveillance. The property offers excellent access to public transportation and ample public parking nearby. Two passenger elevators and one dedicated freight elevator support convenient building access, and Shaw’s Crab House is accessible within the building.
Positioned in River North and just steps from the Loop and Michigan Avenue, the suite is surrounded by restaurants and high-end retail.
The building is owner managed and secured with a Sentex security system and 24-hour surveillance. The property offers excellent access to public transportation and ample public parking nearby. Two passenger elevators and one dedicated freight elevator support convenient building access, and Shaw’s Crab House is accessible within the building.
Positioned in River North and just steps from the Loop and Michigan Avenue, the suite is surrounded by restaurants and high-end retail.
Key Highlights
- Timber loft office/retail suite on the lobby level with exposed timber columns and 13‑foot‑high exposed timber ceiling
- Secure building with sentex security system and 24‑hour surveillance
- Two passenger elevators plus one dedicated freight elevator
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
24,043
Businesses Nearby
Explore this area
Business Placement
Demographics for 60611, IL
38,456
Population
28,239
Households
1.4
Avg Household Size
39
Median Age
88%
College-Educated
99%
High-School Grad
0.8 sq mi
ZIP Area
48,070
Density / Sq Mi
$124,621
Median Household Income
$92,917
Median Earnings
$2,416
Median Rent
$608,200
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Timber loft office/retail suite on the lobby level with exposed columns and a 13-foot exposed ceiling.
Where is this office units located?
The property is located at 420 N Wabash Ave Chicago, IL.
What are key features of this property?
This property features: Timber loft office/retail suite on the lobby level with exposed timber columns and 13‑foot‑high exposed timber ceiling; Secure building with sentex security system and 24‑hour surveillance; Two passenger elevators plus one dedicated freight elevator
