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West Institute Place 314 W Institute Pl 1,604 - 4,883 SF of Office/Retail Space Available in Chicago, IL 60610

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HIGHLIGHTS

  • Building is a combination of office, retail and quasi-retail uses and is open to more of the same: Pilates, Personal training gym, Hair salon,etc.
  • Owner is offering FREE RENT that is greater than you will find at other buildings.
  • RE Tax & OPEX: $14.50/SF
  • Private restrooms and 24/7 HVAC controls are in each suite
  • Virtual Tour LL: https://my.matterport.com/show/?m=mx4xNHRj6ry

ALL AVAILABLE SPACE(1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • Lower Level, Ste LL
  • 1,604-4,883 SF
  • Negotiable
  • $9.00 /SF/YR $0.75 /SF/MO $43,947 /YR $3,662 /MO
  • Office/Retail
  • Full Build-Out
  • Now

• 4,883 RSF of Lower-Level Space • Space can be demised down to 1,604 SF or 3,279 SF • Plug and play • Ideal for another fitness user • Two fully built out locker rooms with showers • Tenant controlled HVAC • Building signage available • Great CTA visibility • One Block from Brown/Purple Line • Walking distance to retail, restaurants, and entertainment • Convenient area parking options • The current T&O’s are approximately equal to $14.50 /RSF • Virtual Tour: https://my.matterport.com/show/?m=mx4xNHRj6ry

  • Lease rate does not include utilities, property expenses or building services
  • Mostly Open Floor Plan Layout
  • Space is in Excellent Condition
  • Private Restrooms
  • After Hours HVAC Available
  • Fully Built-Out as Standard Retail Space
  • Fits 5 - 40 People
  • Central Air and Heating
  • Plug & Play
  • Shower Facilities
Space Size Term Rental Rate Space Use Condition Available
Lower Level, Ste LL 1,604-4,883 SF Negotiable $9.00 /SF/YR $0.75 /SF/MO $43,947 /YR $3,662 /MO Office/Retail Full Build-Out Now

Lower Level, Ste LL

Size
1,604-4,883 SF
Term
Negotiable
Rental Rate
$9.00 /SF/YR $0.75 /SF/MO $43,947 /YR $3,662 /MO
Space Use
Office/Retail
Condition
Full Build-Out
Available
Now

Lower Level, Ste LL

Size 1,604-4,883 SF
Term Negotiable
Rental Rate $9.00 /SF/YR
Space Use Office/Retail
Condition Full Build-Out
Available Now

• 4,883 RSF of Lower-Level Space • Space can be demised down to 1,604 SF or 3,279 SF • Plug and play • Ideal for another fitness user • Two fully built out locker rooms with showers • Tenant controlled HVAC • Building signage available • Great CTA visibility • One Block from Brown/Purple Line • Walking distance to retail, restaurants, and entertainment • Convenient area parking options • The current T&O’s are approximately equal to $14.50 /RSF • Virtual Tour: https://my.matterport.com/show/?m=mx4xNHRj6ry

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Mostly Open Floor Plan Layout
  • Fits 5 - 40 People
  • Space is in Excellent Condition
  • Central Air and Heating
  • Private Restrooms
  • Plug & Play
  • After Hours HVAC Available
  • Shower Facilities

PROPERTY OVERVIEW

River North loft building has undergone a full building renovation. The suites in the east portion of the building are Concrete Lofts. The suites in the west portion of the building are Timber Lofts. The building is one block from the Brown/ Purple Line stop @ Chicago/Franklin and is easily accessible to numerous bus lines. A brand new, beautifully landscaped city park is on the east side of the building, providing beautiful views from the Eastern Suites. The BASE BUILDING IMPROVEMENTS include: - New common area entry on the west side of the building. - New passenger elevator with private FOB entry to each suite - New building entry system - New wheelchair lift - New roof New exterior lighting and cameras - New Seven-Car Parking Area Available High Visibility Signage Available - New Electrical Service - New Plumbing Systems - New individual HVAC systems - New private restrooms in each premises

  • Controlled Access
  • Metro/Subway
  • Kitchen
  • High Ceilings
  • Direct Elevator Exposure
  • Natural Light
  • Open-Plan
  • Hardwood Floors

PROPERTY FACTS

Building Type
Office
Year Built/Renovated
1949/2018
Building Height
4 Stories
Building Size
22,192 SF
Building Class
B
Typical Floor Size
5,548 SF
Unfinished Ceiling Height
12’
Parking
7 Surface Parking Spaces at $200/month

SELECT TENANTS

  • FLOOR
  • TENANT NAME
  • INDUSTRY
  • 3rd
  • Amplified Pilates Center, Inc
  • Services
  • 1st
  • Nurture Architect
  • Services
  • 3rd
  • RMCM Salon
  • Services
  • 2nd
  • Smarty City Locating
  • Real Estate
  • 2nd
  • The Photo Studio
  • Services
  • 1st
  • TryHungy
  • Services
Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (92)
Bike Score®
Very Bikeable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 20782820

  • Date on Market: 9/21/2023

  • Last Updated:

  • Address: 314 W Institute Pl, Chicago, IL 60610

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