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    11 Hubbard St Chicago, IL 60611

    Sponsored
    For Lease
    Contact for pricing

    5,000 sq ft Chicago Office Space

    Lot size:
    79,900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5,000 square foot office space, located on the second floor of an eight-story building at 11 E Hubbard St in Chicago's vibrant River North neighborhood, presents a unique subleasing opportunity. Situated in Cook County, Illinois, this Class B office boasts a modern aesthetic with expansive windows providing abundant natural light. Built in 1889 and renovated in 1986, the building offers a blend of historical charm and contemporary functionality. The open layout and versatile floor plan are ideal for various business needs, easily accommodating individual workspaces, collaborative areas, conference rooms, and client meeting spaces. The single-tenant space is part of a larger 79,900 square foot building on a 0.11-acre lot, offering convenient access to the Chicago Riverwalk and a plethora of nearby restaurants and entertainment options. This prime location in the heart of Chicago's commercial and entertainment district provides unparalleled access to the city's amenities. The property's traditional office style is complemented by its suitability as an executive or creative office space, making it a versatile option for a wide range of businesses. This sublease offers a chance to establish a presence in a highly desirable and dynamic urban environment.

    Property Features for 11 Hubbard St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    79,900 SF
    Class
    B

    Building Details

    Year Built/Renovated
    1889/1986
    Buildings
    1
    Stories
    8

    Unit(s) available at that property

    Space
    Size
    5,000 SF

    HighLights

    • Secure building with keyless entry.
    • Entire second floor available.
    • Open floor plan, ideal for diverse businesses.
    • Modern, contemporary design.
    • Excellent public transportation access.
    • Near restaurants, entertainment, and cultural attractions.
    Property Profile 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
    -87.62742479
    Latitude
    41.89006263

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    FAQs

    What type of property is this?
    Office space - 5,000 sq ft Chicago Office Space
    Where is this office space located?
    The property is located at 11 Hubbard St Chicago, IL.
    What are key features of this property?
    This property features: Secure building with keyless entry.; Entire second floor available.; Open floor plan, ideal for diverse businesses.
    Request Owner's contact information
    11 Hubbard St Chicago, IL 60611
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    Chicago, IL 60611
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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 60611
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