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    Property profile & analytics
    FOR LEASE
    Freestanding property

    320 W Illinois St, Chicago, IL 60654

    19,600 SF Built 1985
    Entity Owned 9-yr Hold
    Property ID
    US28-2222993
    Property summary
    AI-generated overview

    River North Park, a 24-story building in Chicago's vibrant River North neighborhood (320 W. Illinois Street, 60654), offers exceptional office and retail space. This 19,600 square foot property, renovated in 2019, features multiple suites available, ranging from 2,998 to 6,073 contiguous square feet, with a total of 15,048 square feet currently vacant. The building boasts large windows, open interiors ideal for various uses including executive office, medical office, restaurant, or retail. Potential for black iron hookups exists. The property's prime location, just two blocks from major feeder ramps, benefits from a densely populated area with approximately 127,000 residents and 645,000 daytime employees within a one-mile radius. Current co-tenants include well-established businesses. An adjacent 211-space parking garage is available for lease. The building was originally constructed in 1985 and offers a blend of modern updates and established presence. This is a unique opportunity to secure high-visibility space in a thriving Chicago location. The minimum divisible space is 2,998 square feet. Cook County location.

    Property profile
    Verified
    Property type Freestanding property
    Year built 1985
    Total area 19,600 SF
    UPID US28-2222993
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Caras Law Group Law Firm
    • River North Park Apartments Real Estate Agency
    • TMV Services Hardware & Home Improvement General Contractor
    • Metrotech Design Group Interior Design Home Decor Store
    • Associated Rack Corporation Business Management Consultant
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Agw 320 Wi Property Owner LLC · 9 yrs held
    Agw 320 Wi Property Owner LLC
    since 2016
    2 recorded transactions
    2020
    2016
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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