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Furnished Timber Loft Creative Space
For Lease
$18 SF/Yr CAM $1.20 /USD/SF/YR

434 W Ontario Street #2, Chicago, IL 60654

Move-in-ready workspace includes private offices, open work areas, meeting space, kitchen facilities, and existing furnishings.

Space Size4,937 SF
Days on Market120

Property Features for 434 W Ontario Street #2

General Information

Standard status Active
Size 4,937 SF
Net Rentable 4,937 SF
Elevators Yes
Zoning COMMR

Space & Availability

Available Space 4,937 SF
Contiguous Space 4,937 SF
Space Use Office
Private Offices 2
Meeting Rooms 1
Furnished Yes

Additional Details

CAM $1.20 /USD/SF/YR

Amenities

private foyer
alarm
building signage
kitchen/break room

Building Details

Year Built 1924
Stories 4
Units 4
Construction heavy timber
Listing Agency: Coldwell Banker Realty
Listed By: Bruce Heller · License #471007740
Source: Allinonerealestateco
Added: Apr 26 Changed: Aug 22 Last Checked: Aug 22 at 4:23AM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This furnished creative workspace occupies 4,937 SF in a 1924 elevator building. The heavy timber loft layout includes two private windowed offices, five open workstations with three desks each, an oversized conference room, a kitchen and break area, and three storage closets. Internal men’s and women’s washrooms serve the suite, while a private foyer provides access from the elevator.

Wood-beamed ceilings exceeding 12 feet, exposed brick, and a full window line along the south side bring architectural character and natural light to the space. Desks, workstations, tables and chairs, a conference table seating 12, whiteboards, file cabinets, kitchen equipment, and other existing furnishings are included. The suite also has an alarm, and building signage is available. Zoning is COMMR.

Key Highlights

  • 4,937 SF of furnished creative office space
  • 12+ ft high wood‑beamed ceilings with exposed brick
  • Two private window offices and five open workstations with three desks each

Property Analytics

Current Use

American Vein & Lymphatic ... Charitable Organization Phoukhong Carter Lamvichit Alternative Medicine Practice Dr. Harris Jatoi Dental Office Dr. Lindsay Diaz Dental Office River North Dental ... Dental Office

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Restaurant Buffet Pet Grooming Service Adult Day Care Clothing & Fashion Store

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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

16,090
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

$38.03 /SF/Yr
Avg Asking Price
$8–$120 /SF/Yr
Price Range
5,771 SF
Avg Space Size

This space is priced 53% below the average of $38.03 /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?
Creative space - Move-in-ready workspace includes private offices, open work areas, meeting space, kitchen facilities, and existing furnishings.
Where is this creative space located?
The property is located at 434 W Ontario Street #2 Chicago, IL.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 4,937 SF of furnished creative office space; 12+ ft high wood‑beamed ceilings with exposed brick; Two private window offices and five open workstations with three desks each
More about this property
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