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    219 Chicago Ave Chicago, IL 60654

    For Lease
    $20 SF/Yr

    Fully renovated loft office space in prime location.

    Lot size:
    14,182 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional six-story executive office building, located at 219 W Chicago Ave in Chicago's vibrant River North neighborhood, offers 14,182 square feet of fully renovated and updated loft space. Currently, the entire building is available for lease, totaling 14,182 square feet, with a minimum divisible space of 3,300 square feet and a maximum contiguous space of 3,300 square feet. The building boasts a desirable window line, providing ample natural light. Convenient on-site parking is available with eight spaces. The property is situated in Cook County, Illinois, and features a multiple tenancy structure, ideal for a variety of business needs. Its prime location in River North offers easy access to public transportation, numerous amenities, and a thriving business community. The building's modern updates and classic loft aesthetic create a sophisticated and productive work environment. This is a rare opportunity to secure a fully renovated, well-located office space in one of Chicago's most sought-after neighborhoods. The zip code is 60654.

    Property Features for 219 Chicago Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,182 SF
    Total Rate
    23636.67

    Building Details

    Stories
    6

    Unit(s) available at that property

    Space
    5th Floor rear Suite
    Size
    982 SF
    Rate per SF
    $20
    Space
    3rd Floor Suite
    Size
    3,300 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pangaea Information Technologies Software Company Studio Fala Moves Pilates Studio Michelle Cady Fitness Pilates Studio ERIN MCGILL Nurse Practitioner Delos Strength Personal Trainer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6350968
    Latitude
    41.8963515

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    FAQs

    What type of property is this?
    Office Property / Space - Fully renovated loft office space in prime location.
    Where is this office property / space located?
    The property is located at 219 Chicago Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $0.00-$20 SF/Yr.
    Request Owner's contact information
    219 Chicago Ave Chicago, IL 60654
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    Chicago, IL 60654
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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
    219 Chicago Ave Chicago, IL 60654
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