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    125 Halsted St Chicago, IL 60661

    Sponsored
    For Lease
    $25 SF/Yr

    Move-in ready, 2,500 sq ft loft office

    Lot size:
    22,975 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,500 square foot move-in ready loft office suite is located at 125 N Halsted St, Chicago, IL 60661, in the vibrant West Loop neighborhood. Situated in a 4-story building (built in 1908) within a 0.21-acre lot, this single-tenant space boasts high ceilings and exposed brick, creating a unique and stylish work environment. The layout includes multiple private offices, perfect for individual work or small team collaboration, as well as a spacious open area ideal for a larger team or communal workspace. The property is zoned PD 1230 and is part of a larger building totaling 22,975 square feet. The West Loop, formerly a warehouse district, is now a rapidly developing area, recently recognized as one of the world's coolest neighborhoods. Its transformation includes a mix of luxury condos, creative offices, art galleries, acclaimed restaurants, hotels, and retail boutiques, offering a dynamic and convenient location for your business. This property offers a blend of historic charm and modern functionality, making it an ideal space for a creative or innovative company. The address is conveniently located near Randolph Street in Cook County.

    Property Features for 125 Halsted St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    22,975 SF
    Total Rate
    47864.58

    Building Details

    Year Built
    1908
    Buildings
    1
    Stories
    4

    Unit(s) available at that property

    Space
    Size
    2,500 SF
    Rate per SF
    $25

    HighLights

    • Move‑in ready 2,500 sq ft loft office suite in the Fulton Market district, overlooking Randolph Street's Restaurant Row.
    • Suite features four private offices, kitchenette, reception area, common restrooms, and elevator access.
    • Prime Fulton Market location at the corner of Randolph and Halsted Streets.
    • Adjacent to Related Midwest's 725 W. Randolph development (1M SF of Class A office, retail, and restaurant space).
    • One block from Whole Foods and Soho House Chicago.
    • Two blocks from the Morgan Street CTA station.
    Property Profile Location Intelligence

    Current Use by Public Records

    Renewed Body Chiropractic ... Chiropractor Tharpesashes LLC E-Commerce Service Simplecomm Solutions Telecommunications Service Provider Unicom Teleservices Call Center Fitzgerald Architecture Planning ... Interior Designer

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.647477618887
    Latitude
    41.884288776125

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    FAQs

    What type of property is this?
    Office space - Move-in ready, 2,500 sq ft loft office
    Where is this office space located?
    The property is located at 125 Halsted St Chicago, IL.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: Move-in ready 2,500 sq ft loft office suite in the Fulton Market district, overlooking Randolph Street's Restaurant Row.; Suite features four private offices, kitchenette, reception area, common restrooms, and elevator access.; Prime Fulton Market location at the corner of Randolph and Halsted Streets.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    125 Halsted St Chicago, IL 60661
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