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Historic Mixed-Use Loft Building
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59-61 W Hubbard, Chicago, IL 60654

Restaurant, salon, and office tenants occupy a character-rich commercial building with original architectural detailing.

Space Size19,750 SF
Days on Market12

Property Features for 59-61 W Hubbard

General Information

Standard status Active
Size 19,750 SF
Property subtype Retail, Office

Building Details

Year Built 1873
Construction double loft

Spaces For Lease

at 59-61 W Hubbard Contact us

#1

Size
19,750 SF
Availability
Active
Contact us
Listing Agency: Friedman Properties
Listed By: Brian Chernett · License #IL
Source: Crexi
Added: Aug 26 Changed: Sep 5 Last Checked: Sep 5 at 2:55PM

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 mixed-use commercial building dates to 1873 and retains notable elements of its nineteenth-century design. The double-loft structure features finely incised stonework and a decorative sheet-metal cornice, providing distinctive architectural character despite later alterations.

Current occupants include Il Porcellino, Ramen-San, Salon 61, and office tenants. The property is located at 59-61 W Hubbard in Chicago, placing its restaurant, salon, and office uses within a single historic commercial building.

Key Highlights

  • Built in 1873
  • Double‑loft commercial building
  • Finely incised stonework

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Nursing Home Buffet Butcher Tattoo & Piercing Shop

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

Location Intelligence

Trade Area within ½ mile

39,511
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

$26.64 /SF/Yr
Avg Asking Price
$10–$52 /SF/Yr
Price Range
88,800 SF
Avg Space Size

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?
Mixed-use property - Restaurant, salon, and office tenants occupy a character-rich commercial building with original architectural detailing.
Where is this mixed-use property located?
The property is located at 59-61 W Hubbard Chicago, IL.
What are key features of this property?
This property features: Built in 1873; Double‑loft commercial building; Finely incised stonework
(312) 644-1100 Call to check price and availability
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