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Creative Space in Architecture Office
New
For Lease
$2,000/Mo

445 North Wells Street Unit 203, Chicago, IL 60654

Sublease space within an architecture office in Chicago’s River North area.

Space Size750 SF
Days on Market7

Property Features for 445 North Wells Street Unit 203

General Information

Standard status Active
Size 750 SF
Property subtype Office
Lease Term MG

Space & Availability

Space Use Creative Office
Sublease Yes

Building Details

Building Size 750 SF

Spaces For Lease

at 445 North Wells Street Unit 203 Contact us

445 N Wells (Sublease) $2,000/Mo

Size
750 SF
Type
Coworking
Term
Negotiable
Contact us
Listing Agency: Caton Commercial Real Estate Group
Listed By: Mikus Kins · License #475161490
Source: Catoncommercial
Added: Aug 15 Changed: Aug 16 Last Checked: Aug 20 at 6:01AM

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 Caton Commercial Real Estate Group

Investment Insights

Based on property information with market context.

Unit 203 offers 750 square feet of creative space within an architecture office. The sublease configuration is suited to a creative practice seeking office space in Chicago’s River North area.

The property is located at 445 North Wells Street in Chicago, Illinois, with a 60654 ZIP code.

Key Highlights

  • 750 SF of creative space
  • Sublease opportunity within an architecture office
  • Located in Chicago’s River North area

Property Analytics

Current Use

HREC Investments Real Estate Agency Avenica Employment Agency Robyn Shapiro Design Interior Design Allan J Grant ... Architect Assured Corporation Showroom Hardware & Home Improvement

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Buffet Restaurant Pet Grooming Service Butcher 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
$4.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

35,831
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 16% 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 - Sublease space within an architecture office in Chicago’s River North area.
Where is this creative space located?
The property is located at 445 North Wells Street Unit 203 Chicago, IL.
What is the lease rate?
The lease rate is $2,000/Mo.
What are key features of this property?
This property features: 750 SF of creative space; Sublease opportunity within an architecture office; Located in Chicago’s River North area
More about this property
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