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314 W Institute Pl
Chicago, IL 60610 River North

$9.00 USD/SF/YR

Loft Creative Space For Lease  •  1,604+ SF

Property Details

  • Property Type Loft Creative Space
  • Year Built 1949
  • Total Building Size 22,192 SF
  • Tenancy Multiple
  • Building Class B
  • Zoning C1-3
92 Transit Score
99 Walk Score

1 Space Available

Name Space Use Size Rent Details
Ll Floor Ste LL Office/Retail 1,604-4,883 SF $9.00 USD/SF/YR
• 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

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Standard Retail
  • Space Type: Relet

Description

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

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.
Private restrooms and 24/7 HVAC controls are in each suite
Virtual Tour LL: https://my.matterport.com/show/?m=mx4xNHRj6ry
RE Tax & OPEX: $14.50/SF

Property Flyers

Amenities

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

Major Tenants

Tenant SF Occupied Lease End Date
Amplified Pilates Center, Inc 2,633 SF
Nurture Architect
RMCM Salon
Smarty City Locating
The Photo Studio
TryHungy

Public Transportation

Commuter RailDriveWalkDistance
Chicago Millennium Station (South Shore Line - Northern Indiana Commuter Transportation District (South Shore Line)) 5 min - 1.6 mi
Chicago Ogilvie Transportation Center (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra), Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra), Union Pacific West Line - Northeast Illinois Regional Commuter Railroad (Metra)) 5 min - 1.7 mi
Transit/SubwayDriveWalkDistance
Chicago Avenue Station (Brown, Purple Lines) (Brown Line - Chicago Transit Authority "L" Trains (The "L"), Purple Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 3 min 0.2 mi
Chicago Avenue Station (Red Line) (Red Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 9 min 0.5 mi
Clark/Division Station (Red Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 13 min 0.7 mi
Merchandise Mart Station (Brown Line - Chicago Transit Authority "L" Trains (The "L"), Purple Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 14 min 0.7 mi
Grand Avenue Station (Red Line) (Red Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 16 min 0.8 mi
AirportDriveWalkDistance
Chicago Midway International 21 min - 12.0 mi
Chicago O'Hare International 26 min - 16.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 7
Type: Surface
Included in Rent: No
Craig Nadborne 312-994-5796 BA Loft Leasing Division
Craig Nadborne 312-994-5796 BA Loft Leasing Division