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Furnished Loft Office Suite
For Lease
$18 SF/Yr CAM $1.20 /USD/SF/YR

434 W Ontario St Unit 2, Chicago, IL 60654

Timber-framed workspace includes private offices, shared stations, conference facilities, and dedicated restrooms.

Space Size4,937 SF
Days on Market33

Property Features for 434 W Ontario St Unit 2

General Information

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

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

building signage

Building Details

Year Built 1924
Construction heavy timber
Listing Agency: Coldwell Banker Realty
Listed By: Bruce Heller · License #471007740
Source: Bktchicago
Added: Jul 28 Changed: Aug 28 Last Checked: Aug 28 at 8:22PM

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 4,937 SF office suite occupies the second unit of a 1924 elevator building and is offered with existing furniture and equipment. The layout includes two enclosed window offices, five open workstations with three desks each, an oversized conference room, kitchen and break area, three storage closets, and separate men’s and women’s washrooms. A private foyer serves the floor, while the suite also includes an alarm system and access to building signage.

Heavy timber construction, exposed brick, and wood-beamed ceilings exceeding 12 feet create a loft-style work environment. A full window line extends along the south side of the space, bringing natural light to the office. The furnishings and equipment included with the suite are documented in a separate list.

Key Highlights

  • 4,937 SF furnished office suite in a 1924 elevator building
  • Two private window offices and five open workstations with three desks each
  • Oversized conference room with a table seating 12

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

$29.78 /SF/Yr
Avg Asking Price
$7–$133 /SF/Yr
Price Range
14,248 SF
Avg Space Size

This space is priced 40% below the average of $29.78 /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?
Office units - Timber-framed workspace includes private offices, shared stations, conference facilities, and dedicated restrooms.
Where is this office units located?
The property is located at 434 W Ontario St Unit 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 furnished office suite in a 1924 elevator building; Two private window offices and five open workstations with three desks each; Oversized conference room with a table seating 12
More about this property
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