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    320 Ohio St Chicago, IL 60654

    For Lease
    $5 SF/Yr ($9,791 /Mo)

    Flexible Offices, Coworking, & More

    Lot size:
    23,314 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This Class A, 23,314 square foot office building at 320 W Ohio St in Chicago's West Loop (zip code 60654, Cook County, IL) offers a variety of flexible workspace solutions. The building, renovated in 2019, features 350 suites, with spaces ranging from a minimum of 100 square feet to a maximum contiguous space of 5,000 square feet. Options include traditional office spaces, executive suites, coworking areas, and creative office layouts, catering to businesses of all sizes. Amenities include fully furnished, IT-enabled workspaces, dedicated desks with storage, high-speed Wi-Fi, and 24-hour access. The building also provides meeting spaces for various needs, from small meetings to larger presentations and events, available for flexible durations. Virtual office options are also available, including business addresses, call answering services, and mail handling. This location provides a vibrant and collaborative work environment, fostering a strong sense of community. The building's multiple tenancy structure allows for diverse business needs and sizes.

    Property Features for 320 Ohio St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    23,314 SF
    Class
    A
    Total Rate
    9791.88

    Building Details

    Year Renovated
    2019

    Unit(s) available at that property

    Space
    Virtual Office
    Size
    54 SF
    Rate per SF
    $48
    Space
    Coworking Non Reserve
    Size
    108 SF
    Rate per SF
    $16
    Space
    Coworking dedicated
    Size
    108 SF
    Rate per SF
    $5
    Space
    Private office for 1 person
    Size
    538 SF
    Rate per SF
    $19
    Space
    Private office for 2 people
    Size
    538 SF
    Rate per SF
    $27
    Space
    Private office for 3 people
    Size
    646 SF
    Rate per SF
    $24
    Space
    Private office for 4 people
    Size
    646 SF
    Rate per SF
    $38
    Space
    Private office for 5 people
    Size
    807 SF
    Rate per SF
    $36
    Space
    Open plan office space for + 10 people
    Size
    1,184 SF
    Rate per SF
    $35
    Space
    Open plan office space for + 15 people
    Size
    1,292 SF
    Rate per SF
    $53

    HighLights

    • Modern workspace in Chicago's West Loop at 320 West Ohio Street.
    • Prime location in the heart of Chicago, IL.
    • Offers shared offices and meeting rooms.
    • Abundant natural light and city views.
    • Vibrant professional community.
    Property Profile Location Intelligence

    Current Use by Public Records

    Rekroot Recruiter Beneficial Reuse Management Environmental Consultant LogicGate Software Company Bockwinkel's Grocery Store Conley Courtney DC Chiropractor

    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
    -87.6367553
    Latitude
    41.8925435

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    FAQs

    What type of property is this?
    Office space - Flexible Offices, Coworking, & More
    Where is this office space located?
    The property is located at 320 Ohio St Chicago, IL.
    What is the lease rate?
    The lease rate is $5-$53 SF/Yr.
    What are key features of this property?
    This property features: Modern workspace in Chicago's West Loop at 320 West Ohio Street.; Prime location in the heart of Chicago, IL.; Offers shared offices and meeting rooms.
    Request Owner's contact information
    320 Ohio St 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
    320 Ohio St Chicago, IL 60654
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