650 Dearborn St Chicago, IL 60654
The Raleigh Building, located at 650 North Dearborn Street (cross streets Dearborn/Erie) in Chicago's vibrant River North submarket (Cook County, IL, zip code 60654), offers exceptional executive office space. This Class B building, originally constructed in 1870, boasts 33,295 square feet of total space and currently has 2,175 square feet immediately available for lease. The available space is comprised of three contiguous suites, ranging in size from approximately 1,850 to 2,175 square feet. Suite 300, a newly built-out space of 2,175 square feet, is ready for immediate occupancy. The building features elevators for convenient access to all floors. The property's prime River North location provides unparalleled access to Chicago's finest restaurants, cultural attractions, and public transportation. The gross rent for Suite 300 is $27.50 per square foot. This is a multi-tenant building offering a prestigious address and a highly desirable location for businesses seeking a sophisticated and convenient office environment in the heart of Chicago. The building's rich history combined with its modern amenities makes it an ideal choice for discerning tenants. Inquire today to learn more about leasing opportunities.
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Core Evolution Gym & Fitness Center
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Law Office of Edward J. Austin, P.C. Law Firm
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John L. McNamara, P.C. Law Firm
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Law Offices of James D. Tunick Law Firm
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Law Office of Kevin J. Mcnamara, LLC Law Firm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.