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Property profile & analytics
FOR LEASE
Commercial real estate

343 S Dearborn St Chicago, IL 60604

201,400 SF 0.24 ac lot Built 1896
Entity Owned 9-yr Hold
Property ID
US28-1559031
Property summary
AI-generated overview

This exceptional 20-story, Class B office building, located at 343 S Dearborn St in Chicago's Central Loop (CBD), offers a unique blend of historical charm and modern functionality. Built in 1896 and renovated in 2001, this landmark property boasts 201,400 square feet of space across one building, situated on a 0.24-acre lot (APN: 17-16-234-005-0000, 17-16-234-006-0000). Currently, there is one available office space of 3,212 square feet. The building's impressive architectural design, by D.H. Burnham and Company, features a stunning terra-cotta facade with intricate carvings, reflecting its designation as a Chicago Landmark and a listing on the National Register of Historic Places. The interior offers high ceilings, expansive windows providing abundant natural light, and original wood and terrazzo flooring. The building's zoning is B6-7, and it benefits from its location in Cook County, Illinois, within the highly desirable Central Loop submarket. The building's multiple tenancy structure provides flexibility for various business needs. This property presents a rare opportunity to occupy a piece of Chicago's rich architectural history in a vibrant and convenient location. The building has a 17.03 FAR.

Property profile
Verified
Property type Commercial real estate
Year built 1896
Total area 201,400 SF
Lot 0.24 ac (10,454 SF)
UPID US28-1559031
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
  • Wheeler Kearns Architects Architecture Firm
  • Days Hair Salon Hair Salon
  • Parking Parking Lot & Garage
  • Near-By Storage Units Storage Facility
  • centurion investigations & security Security Service
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
343 South Dearborn II LLC · 9 yrs held
343 South Dearborn II LLC
since 2017
1 recorded transaction
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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