Loft Office Building For
For Lease
$16 SF/Yr
445 W Erie Street, Chicago, IL 60654
Three-level loft office building with timber ceilings and 24/7 access.
Space Size156 SF - 2,429 SF
Property Size52,931 SF
Days on Market248
Property Features for 445 W Erie Street
General Information
Standard status
Active
Size
156 SF - 2,429 SF
Class
B
Property subtype
Office
Lease Term
MG
Building Details
Building Size
52,931 SF
Year Built
1903
Spaces For Lease
at 445 W Erie Street Contact us| Name | Size | Type | Rate | Availability | |
|---|---|---|---|---|---|
| Suite 101 | 2,101 SF | Creative/Loft | $28/SF/Yr | — | Contact us |
| Suite 103 | 1,959 SF | Office / Retail | $28/SF/Yr | — | Contact us |
| Suite 105 | 1,246 SF | Creative/Loft | $28/SF/Yr | — | Contact us |
| Suite 201 | 1,975 SF | Creative/Loft | $28/SF/Yr | — | Contact us |
| Suite 203 | 2,098 SF | Creative/Loft | $28/SF/Yr | — | Contact us |
| Suite 207 | 1,380 SF | Creative/Loft | $28/SF/Yr | — | Contact us |
| Suite 209 | 2,073 SF | Creative/Loft | $26/SF/Yr | — | Contact us |
| Suite 2A+2B | 2,429 SF | Creative/Loft | $19/SF/Yr | — | Contact us |
| Suite 3A | 2,048 SF | Creative/Loft | $16/SF/Yr | — | Contact us |
| Suite 3B | 1,455 SF | Creative/Loft | $19/SF/Yr | — | Contact us |
| Suite 5B | 1,926 SF | Office / Retail | $19/SF/Yr | — | Contact us |
| Suite D | 156 SF | — | $20/SF/Yr | — | Contact us |
Show all 12 spaces
Listing Agency:
Bradford Allen Realty Services Chicago
Listed By:
Craig A. Nadborne
(312) 994-5796
Source:
Tcnworldwide
Added: Jan 27
Changed: Sep 4
Last Checked: Oct 1 at 9:06AM
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 Bradford Allen Realty Services Chicago
Investment Insights
Based on property information with market context.
The property at 445 W Erie is a three-level loft office building featuring a two-story atrium lobby and heavy timber ceilings. The suites include kitchenettes and bathrooms. The building provides tenants with 24/7 access via the Kastle Systems. Move-in-ready spec suites are available, featuring hardwood floors and 18-feet high exposed ceilings. A low-height mezzanine area is available at a discounted rate. The 52931 square foot brick and timber loft structure is within walking distance of the city's top restaurants and scenic parks. Parking is available next door.
Key Highlights
- Unique brick and timber loft structure with high ceilings and skylights.
- Move‑in‑ready suites feature kitchenettes and bathrooms.
- 24/7 building access via Kastle Systems.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
39,284
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Chicago, IL
$22.43 /SF/Yr
Avg Asking Price
$11–$46 /SF/Yr
Price Range
50,429 SF
Avg Space Size
This space is priced 29% below the average of $22.43 /SF/Yr.
Vacancy Rate% for Office in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Three-level loft office building with timber ceilings and 24/7 access.
Where is this office building located?
The property is located at 445 W Erie Street Chicago, IL.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Unique brick and timber loft structure with high ceilings and skylights.; Move‑in‑ready suites feature kitchenettes and bathrooms.; 24/7 building access via Kastle Systems.
