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Boutique Office Suites
For Lease
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650 N Dearborn St, Chicago, IL 60654

Flexible suites offer private offices, open workspace, kitchens, and private bathrooms in a high-visibility River North building.

Space Size2,175 SF
Days on Market880

Property Features for 650 N Dearborn St

General Information

Standard status Active
Size 2,175 SF
Net Rentable 2,000 SF
Elevators Yes
Property subtype OFFICE

Space & Availability

Available Space 2,000 SF
Space Use Office
Sublease No

Amenities

abundant natural light
large windows
kitchen
private bathroom

Spaces For Lease

at 650 N Dearborn St
650 N Dearborn St AVAILABLE, Now
Floor 5
Size 2,175 SF
Type OFFICE
Rate Contact for pricing
Lease Type FULL_SERVICE
Sublease No
- FOR LEASE: Five (5) Suites - 2,000 rsf each in RIVER NORTH, located at the SW Corner of Dearborn and Erie St. This high-visibility boutique historical Raleigh building, passenger elevator, abundant natural light with large windows facing East, North, and South. CREATE A CUSTOM FLOOR PLAN OR USE THE EXISTING LAYOUT WITH PRIVATE OFFICES. Each suite offers an open area, offices, a kitchen, and a private bathroom. Extremely dense and vibrant neighborhood. Two doors down from the Tao epic repositioning & conversion of the former Historical Society (632 N. Dearborn). Dearborn and Erie are at the epicenter of Chicago's growing River North area. Anchored by the Merchandise Mart, River North is home to many high-end apartment buildings, offices, retail, and workspaces. Bustling hotels and restaurants thrive in tandem w/ bordering Magnificent Mile. Business neighbors include Starbucks, FedEx Office Print, 1871, Razorfish, Yelp, Salesforce, and WeWork. Additional neighbors are One Chicago, Dana Hotel, Godfrey Hotel, Hard Rock Cafe, Hilton's Embassy Suites, and Hotel Felix, as well as Mastro's, Chop House, Osteria Via Stato, Whole Foods, Walgreens, and countless mixed-use developments
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Listing Agency: Jameson Commercial
Listed By: Brad Bendersky · License #475154481
Source: Moodyscre
Added: May 21, 2024 Changed: Oct 12 Last Checked: Oct 16 at 8:40AM

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 Jameson Commercial

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Investment Insights

Based on property information with market context.

Five office suites are available for lease, with each suite offering 2,000 RSF. The existing configuration includes private offices, open workspace, a kitchen, and a private bathroom, while the space can also be adapted to a custom floor plan. A passenger elevator and large windows provide practical access and abundant natural light, with exposures facing east, north, and south.

The building sits at the southwest corner of N Dearborn Street and Erie Street in Chicago’s River North area. The surrounding district includes offices, retail, restaurants, hotels, apartment buildings, and workspaces. Nearby businesses and destinations include the Merchandise Mart, Magnificent Mile, Whole Foods, Walgreens, Starbucks, FedEx Office Print, 1871, Salesforce, WeWork, and multiple hotels and restaurants.

Key Highlights

  • Five office suites available for lease
  • Each suite measures 2,000 RSF
  • Private offices, open area, kitchen, and private bathroom in each suite

Property Analytics

Current Use

Core Evolution Gym & Fitness Center Law Office of Edward ... Law Firm John L. McNamara, ... Law Firm Law Offices of James ... Law Firm Law Office of Kevin ... Law Firm

Suggested Use

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

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

32,702
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

$27.16 /SF/Yr
Avg Asking Price
$4.8–$94 /SF/Yr
Price Range
15,567 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

Frequently Asked Questions

What type of property is this?
Office units - Flexible suites offer private offices, open workspace, kitchens, and private bathrooms in a high-visibility River North building.
Where is this office units located?
The property is located at 650 N Dearborn St Chicago, IL.
What are key features of this property?
This property features: Five office suites available for lease; Each suite measures 2,000 RSF; Private offices, open area, kitchen, and private bathroom in each suite
(312) 375-3355 Call to check price and availability
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