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    11 Hubbard St Chicago, IL 60654

    For Lease
    $20 SF/Yr ($16,250 /Mo)

    9,750 SF Office Space Available

    Lot size:
    9,750 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 9,750 square foot executive office building, located at 11 E Hubbard St in Chicago's vibrant downtown, offers a unique opportunity for businesses seeking a prestigious address. The entire building is currently vacant, presenting a blank canvas for a single tenant or the possibility of multiple tenants. The property boasts a highly desirable location in Cook County, Illinois, with easy access to major transportation arteries and a wealth of amenities. The building features modern conveniences including elevators, ensuring efficient and comfortable access to all three available spaces, each approximately 3,250 square feet. This is an ideal space for a company seeking to establish a strong presence in the heart of Chicago's business district. The property's multiple tenancy option provides flexibility for businesses of varying sizes, allowing for customized layouts and configurations to meet specific needs. With its impressive size and prime location, this property represents a rare opportunity to secure a significant footprint in a highly sought-after area. The building's total square footage is 9,750 square feet, all of which is currently available for lease. The zip code is 60654. This is a turnkey solution for businesses looking for immediate occupancy in a well-maintained building. The property is classified as an office building with an executive office subtype.

    Property Features for 11 Hubbard St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,750 SF
    Total Rate
    16250

    Unit(s) available at that property

    Space
    Suite 4A
    Size
    3,250 SF
    Rate per SF
    $22
    Space
    Suite 6A
    Size
    3,250 SF
    Rate per SF
    $22
    Space
    Suite 3B
    Size
    3,250 SF
    Rate per SF
    $20

    HighLights

    • Prime River North location, one block from the Red Line "L" train, with abundant nearby dining and nightlife.
    • Unique loft office space.
    • High‑end finishes including timber and concrete construction, exposed brick, abundant natural light, and hardwood floors.
    • Convenient freight elevator access.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Andy's Jazz Club ... Jazz Club Johnson and Sullivan, Ltd. Real Estate Attorney The Nannies Of Children's Learning ... Child Care Agency Kawash Group Real Estate Agency Printable Advertising Agency

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Food Market Clothing Store 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
    -87.6359125
    Latitude
    41.8929153

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    FAQs

    What type of property is this?
    Office Property / Space - 9,750 SF Office Space Available
    Where is this office property / space located?
    The property is located at 11 Hubbard St Chicago, IL.
    What is the lease rate?
    The lease rate is $20-$22 SF/Yr.
    What are key features of this property?
    This property features: Prime River North location, one block from the Red Line "L" train, with abundant nearby dining and nightlife.; Unique loft office space.; High-end finishes including timber and concrete construction, exposed brick, abundant natural light, and hardwood floors.
    Request Owner's contact information
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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
    11 Hubbard St Chicago, IL 60654
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