Historic Timber Loft Office
For Lease
$12.50 SF/Yr NNN
700 N Sacramento Boulevard #251, Chicago, IL 60612
Fulton Market/River North quality office space at discounted prices.
Space SizeContact for details
Days on Market148
Property Features for 700 N Sacramento Boulevard #251
General Information
Standard status
Active
Zoning
OFFIC
Building Details
Year Built
1900
Stories
3
Units
2
Listing Agency:
Strauss Realty Ltd
(773) 736-3600
Listed By:
Adam Schneiderman · License #475149601
(773) 736-3600
Source:
Ozmentrealestate
Added: Mar 30
Changed: Aug 23
Last Checked: Aug 24 at 12:50PM
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.
Located in the historic Universal Building, this 150,000 square foot office timber loft building offers a second-floor unit (251) spanning 5,785 square feet, with the potential to expand up to 11,361 square feet. The space features a kitchen, glass conference rooms, and open areas designed for collaboration. The property is well-maintained and includes 12 to 14-foot timber ceilings, exposed brick walls, high-speed internet, a card swipe security system, on-site management, loading docks, elevators, full HVAC, and sprinklers. A rooftop deck provides skyline views. The lease is NNN. The building is situated in the Fulton Market/River North area.
Key Highlights
- Fulton Market/River North quality at discounted prices
- Potential to expand up to 11,361 SF from the current 5,785 SF
- Historic 150,000/SF office timber loft building
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,526
Businesses Nearby
Explore this area
Business Placement
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
$29.78 /SF/Yr
Avg Asking Price
$7–$133 /SF/Yr
Price Range
14,248 SF
Avg Space Size
This space is priced 58% below the average of $29.78 /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 units - Fulton Market/River North quality office space at discounted prices.
Where is this office units located?
The property is located at 700 N Sacramento Boulevard #251 Chicago, IL.
What is the lease rate?
The lease rate is $12.50 SF/Yr.
What are key features of this property?
This property features: Fulton Market/River North quality at discounted prices; Potential to expand up to 11,361 SF from the current 5,785 SF; Historic 150,000/SF office timber loft building
