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    1444 Willow St Chicago, IL 60642

    For Lease
    $17 SF/Yr

    Chicago Flex/Office: 2,832 SF - $10.50/SF Taxes

    Lot size:
    65,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 2,832 square foot flex space, located at 1444 W Willow St, Chicago, IL 60642, offers a unique opportunity in the vibrant Lincoln Yards submarket of Cook County. The property is part of a larger, Class A, two-building complex totaling 65,000 square feet, renovated in 2008. The space features high, 20-foot ceilings, and benefits from abundant natural light thanks to strategically placed skylights. The layout is highly adaptable, previously configured as a medical office with multiple private offices, labs, private restrooms, a reception area, and open workspaces. This versatile space is ideal for a variety of uses, including medical, creative office, or light industrial applications. The property boasts 100 total parking spaces for convenient access. Building amenities include one loading dock with one dock-high door, and elevators are available. The zoning is M1-3, and the property offers 800 amps of power. Property taxes are $10.50 per square foot. The minimum divisible space is 2,832 square feet, with a maximum contiguous space of 2,832 square feet. The building consists of 11 total suites across one story. The property is conveniently located near the intersection of Willow and Elston Streets.

    Property Features for 1444 Willow St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    65,000 SF
    Class
    A
    Total Rate
    94791.67

    Building Details

    Year Renovated
    2008
    Buildings
    2
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    4,100 SF
    Rate per SF
    $18
    Space
    Available Space 1
    Size
    2,832 SF
    Rate per SF
    $17

    HighLights

    • 65,000 SF multi‑tenant building adjacent to Lincoln Yards development.
    • One shared loading dock and drive‑in door on the east.
    • 40 heated, covered parking spaces (west) plus 50+ second‑level spaces (east) and ample street parking.
    • ADA‑compliant and well‑maintained.
    • Excellent location near Kennedy Expressway, minutes to downtown and O'Hare.
    Property Profile Location Intelligence

    Current Use by Public Records

    Gima E. Vergara, ... Doctor Rose Hart Audiologist Fresenius Kidney Care ... Dialysis Center Dr. David Schmidt Audiologist Marco Pagani Nephrologist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.663476
    Latitude
    41.9143202

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    FAQs

    What type of property is this?
    Office space - Chicago Flex/Office: 2,832 SF - $10.50/SF Taxes
    Where is this office space located?
    The property is located at 1444 Willow St Chicago, IL.
    What is the lease rate?
    The lease rate is $17-$18 SF/Yr.
    What are key features of this property?
    This property features: 65,000 SF multi-tenant building adjacent to Lincoln Yards development.; One shared loading dock and drive-in door on the east.; 40 heated, covered parking spaces (west) plus 50+ second-level spaces (east) and ample street parking.
    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
    1444 Willow St Chicago, IL 60642
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