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University Technology Park Incubator 55 W 34th St 254 - 4,754 SF of Office Space Available in Chicago, IL 60616



HIGHLIGHTS
- State-of-the-art wet and dry labs with flexible layouts
- Access to IIT research faculty and advanced equipment
- Prime Chicago location near major highways and airports
- Build-to-suit options with generous improvement allowances
- Conference center and shared amenities for collaboration
ALL AVAILABLE SPACES(4)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- SPACE USE
- CONDITION
- AVAILABLE
Wet lab space now available at Illinois Tech's highly successful University Technology Park Incubator. Existing wet lab facilities with existing benchtop work space and chemical fume hood. Ideal for early stage companies in immediate need of lab space. Additional details to be updated soon - please inquire for additional floorplans and technical specs in the interim.
- Fully Built-Out as Research and Development Space
- Can be combined with additional space(s) for up to 3,038 SF of adjacent space
- Space is in Excellent Condition
University Technology Park at IIT offers an unparalleled environment for innovation in the heart of Chicago. This dynamic campus combines state-of-the-art wet and dry labs, flexible office spaces, and access to world-class research resources. Companies at every stage—from early incubation to established growth—benefit from proximity to Illinois Institute of Technology’s renowned faculty and cutting-edge facilities. The Technology Business Center provides 126,000 square feet of customizable lab and office space, featuring a four-story atrium, conference center with AV capabilities, and robust infrastructure for advanced research. The Incubator includes 19 wet labs and 15 dry labs, ideal for biotech, pharmaceutical, and engineering ventures. Tenants enjoy 24/7 secure access, high-speed connectivity, and shared equipment rooms with autoclaves, sterilizers, and more. Strategically located just 10 minutes south of downtown Chicago, UTP offers seamless connectivity to major highways (I-90, I-94, I-55), O’Hare and Midway airports, and leading medical and research institutions. This is more than a workplace—it’s a collaborative ecosystem designed to accelerate innovation.
- Fully Built-Out as Research and Development Space
- Can be combined with additional space(s) for up to 3,038 SF of adjacent space
- Space is in Excellent Condition
University Technology Park at IIT offers an unparalleled environment for innovation in the heart of Chicago. This dynamic campus combines state-of-the-art wet and dry labs, flexible office spaces, and access to world-class research resources. Companies at every stage—from early incubation to established growth—benefit from proximity to Illinois Institute of Technology’s renowned faculty and cutting-edge facilities. The Technology Business Center provides 126,000 square feet of customizable lab and office space, featuring a four-story atrium, conference center with AV capabilities, and robust infrastructure for advanced research. The Incubator includes 19 wet labs and 15 dry labs, ideal for biotech, pharmaceutical, and engineering ventures. Tenants enjoy 24/7 secure access, high-speed connectivity, and shared equipment rooms with autoclaves, sterilizers, and more. Strategically located just 10 minutes south of downtown Chicago, UTP offers seamless connectivity to major highways (I-90, I-94, I-55), O’Hare and Midway airports, and leading medical and research institutions. This is more than a workplace—it’s a collaborative ecosystem designed to accelerate innovation.
- Fully Built-Out as Research and Development Space
- Space is in Excellent Condition
Available dry lab space at Illinois Tech's highly successful University Technology Park Incubator. Demising options range from three individual options (294 RSF, 294 RSF, and 363 RSF), or all three spaces can be leased.
- Fully Built-Out as Research and Development Space
- Space is in Excellent Condition
| Space | Size | Term | Rental Rate | Space Use | Condition | Available |
| 1st Floor, Ste 140S | 1,520 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Office | Full Build-Out | 30 Days |
| 1st Floor, Ste 142S | 1,518 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Office | Full Build-Out | 30 Days |
| 2nd Floor, Ste 208S | 765 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Office | Full Build-Out | 30 Days |
| 2nd Floor, Ste 213S | 254-951 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Office | Full Build-Out | 30 Days |
1st Floor, Ste 140S
| Size |
| 1,520 SF |
| Term |
| Negotiable |
| Rental Rate |
| Upon Request Upon Request Upon Request Upon Request |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
1st Floor, Ste 142S
| Size |
| 1,518 SF |
| Term |
| Negotiable |
| Rental Rate |
| Upon Request Upon Request Upon Request Upon Request |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
2nd Floor, Ste 208S
| Size |
| 765 SF |
| Term |
| Negotiable |
| Rental Rate |
| Upon Request Upon Request Upon Request Upon Request |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
2nd Floor, Ste 213S
| Size |
| 254-951 SF |
| Term |
| Negotiable |
| Rental Rate |
| Upon Request Upon Request Upon Request Upon Request |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
1st Floor, Ste 140S
| Size | 1,520 SF |
| Term | Negotiable |
| Rental Rate | Upon Request |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 30 Days |
Wet lab space now available at Illinois Tech's highly successful University Technology Park Incubator. Existing wet lab facilities with existing benchtop work space and chemical fume hood. Ideal for early stage companies in immediate need of lab space. Additional details to be updated soon - please inquire for additional floorplans and technical specs in the interim.
- Fully Built-Out as Research and Development Space
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 3,038 SF of adjacent space
1st Floor, Ste 142S
| Size | 1,518 SF |
| Term | Negotiable |
| Rental Rate | Upon Request |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 30 Days |
University Technology Park at IIT offers an unparalleled environment for innovation in the heart of Chicago. This dynamic campus combines state-of-the-art wet and dry labs, flexible office spaces, and access to world-class research resources. Companies at every stage—from early incubation to established growth—benefit from proximity to Illinois Institute of Technology’s renowned faculty and cutting-edge facilities. The Technology Business Center provides 126,000 square feet of customizable lab and office space, featuring a four-story atrium, conference center with AV capabilities, and robust infrastructure for advanced research. The Incubator includes 19 wet labs and 15 dry labs, ideal for biotech, pharmaceutical, and engineering ventures. Tenants enjoy 24/7 secure access, high-speed connectivity, and shared equipment rooms with autoclaves, sterilizers, and more. Strategically located just 10 minutes south of downtown Chicago, UTP offers seamless connectivity to major highways (I-90, I-94, I-55), O’Hare and Midway airports, and leading medical and research institutions. This is more than a workplace—it’s a collaborative ecosystem designed to accelerate innovation.
- Fully Built-Out as Research and Development Space
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 3,038 SF of adjacent space
2nd Floor, Ste 208S
| Size | 765 SF |
| Term | Negotiable |
| Rental Rate | Upon Request |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 30 Days |
University Technology Park at IIT offers an unparalleled environment for innovation in the heart of Chicago. This dynamic campus combines state-of-the-art wet and dry labs, flexible office spaces, and access to world-class research resources. Companies at every stage—from early incubation to established growth—benefit from proximity to Illinois Institute of Technology’s renowned faculty and cutting-edge facilities. The Technology Business Center provides 126,000 square feet of customizable lab and office space, featuring a four-story atrium, conference center with AV capabilities, and robust infrastructure for advanced research. The Incubator includes 19 wet labs and 15 dry labs, ideal for biotech, pharmaceutical, and engineering ventures. Tenants enjoy 24/7 secure access, high-speed connectivity, and shared equipment rooms with autoclaves, sterilizers, and more. Strategically located just 10 minutes south of downtown Chicago, UTP offers seamless connectivity to major highways (I-90, I-94, I-55), O’Hare and Midway airports, and leading medical and research institutions. This is more than a workplace—it’s a collaborative ecosystem designed to accelerate innovation.
- Fully Built-Out as Research and Development Space
- Space is in Excellent Condition
2nd Floor, Ste 213S
| Size | 254-951 SF |
| Term | Negotiable |
| Rental Rate | Upon Request |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 30 Days |
Available dry lab space at Illinois Tech's highly successful University Technology Park Incubator. Demising options range from three individual options (294 RSF, 294 RSF, and 363 RSF), or all three spaces can be leased.
- Fully Built-Out as Research and Development Space
- Space is in Excellent Condition
PROPERTY OVERVIEW
University Technology Park at Illinois Tech fosters the innovation that fuels Chicago's economy and promotes positive change in the world. UTP provides wet and dry labs and office space for growing companies focused on materials and life sciences, biomedical engineering, medical devices and diagnostics, green and clean technology, food safety, information technology, and many other fields. UTP's location at Illinois Tech—Chicago's only tech-focused university—places our companies at the center of innovation and discovery. Short term leases available for early-stage and fast-growing science and technology companies. Move in-ready.

