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Office Units with Timber Ceilings
For Lease
$12 SF/Yr NNN

700 N Sacramento Boulevard Unit 251, Chicago, IL 60612

Second-floor workspace with collaborative interiors, conference rooms, kitchen, HVAC, and building services.

Space Size5,785 SF - 11,361 SF
Property Size150,000 SF
Days on Market30

Property Features for 700 N Sacramento Boulevard Unit 251

General Information

Standard status Active
Size 5,785 SF - 11,361 SF
Net Rentable 5,785 SF
Elevators Yes
Lease Type NNN

Space & Availability

Available Space 5,785-11,361 SF
Contiguous Space 5,785 SF
Floor 2
Space Use Office

Additional Details

Sprinkler System Yes

Amenities

high speed internet
card swipe security system
on-site management
loading docks
full HVAC
rooftop deck with skyline views

Building Details

Year Built 1900
Building Size 150,000 SF
Construction timber loft
Listing Agency: Strauss Realty Ltd
Listed By: Adam Schneiderman · License #475149601
Source: Liveliferealty
Added: Aug 4 Changed: Aug 31 Last Checked: Sep 1 at 9:52PM

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 Strauss Realty Ltd

Investment Insights

Based on property information with market context.

Office Unit 251 occupies the second floor of the Universal Building, a 1900 office property with timber loft character. The suite measures 5,785 SF and can expand to 11,361 SF, with open collaboration areas, glass conference rooms, and a kitchen. Timber ceilings range from 12'-14', complemented by exposed brick walls and a clean, well-maintained interior.

Building infrastructure includes full HVAC, sprinklers, elevators, loading docks, high-speed internet, card-swipe security, and on-site management. Tenants also have access to a rooftop deck with skyline views. The lease structure is NNN, and the property is located at 700 N Sacramento Boulevard in Chicago's Fulton Market/River North area.

Key Highlights

  • 5,785 SF second‑floor office unit with expansion potential up to 11,361 SF
  • 12'-14' timber ceilings and exposed brick walls
  • Open collaboration areas, glass conference rooms, and kitchen

Property Analytics

Current Use

Chitown Home Care Home Health Care Service PHLEARN (Bike/Boat/Book/etc) Store Silver Star Protection ... Security Service Cares Chicago Employment Agency Prairie shore management Association / Organization

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Dental Office Auto Parts Store Auto Repair 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

Yes
Sprinkler system
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,526
Businesses Nearby

Demographics for 60612, IL

34,402
Population
16,763
Households
2.1
Avg Household Size
34
Median Age
41%
College-Educated
89%
High-School Grad
3.7 sq mi
ZIP Area
9,298
Density / Sq Mi
$60,457
Median Household Income
$46,582
Median Earnings
$1,330
Median Rent
$331,600
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$29.6 /SF/Yr
Avg Asking Price
$6–$133 /SF/Yr
Price Range
14,766 SF
Avg Space Size

This space is priced 59% below the average of $29.6 /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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Second-floor workspace with collaborative interiors, conference rooms, kitchen, HVAC, and building services.
Where is this office units located?
The property is located at 700 N Sacramento Boulevard Unit 251 Chicago, IL.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 5,785 SF second‑floor office unit with expansion potential up to 11,361 SF; 12'-14' timber ceilings and exposed brick walls; Open collaboration areas, glass conference rooms, and kitchen
More about this property
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