Office / Medical Office / Retail / Showroom for Lease – 467 W Erie


 

Office / Medical Office / Retail / Showroom for Lease – 467 West Erie Street, Chicago, IL

7,148 square feet
Asking rate is negotiable
River North, across from Montgomery Riverfront Park
2 levels with elevator
Ground level private entrance
5 indoor heated parking spots, 1 tandem (fits 6 cars)
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New West Loop Listing For Sale – 452 N Sangamon St


 

New West Loop Listing For Sale – 452 N Sangamon St

9,280 square feet
Available Immediately
Listing Price: $2,350,000
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Sublease Available – 227 W Monroe St, Suite 650


 

 

Loop Sublease Space – 227 W Monroe St, Suite 650

7,963 square feet
Available Immediately
Asking Rate: Negotiable
LXP – 02/28/22
Click HERE for virtual tour!
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New To Market – Loop Sublease Space: 35 E Wacker


 

New To Market – Loop Sublease Space – 35 W Wacker, Suite 800

11,054 square feet
Available January 2021
LXP – 02/28/27
Mostly open floor plan
Fully furnished
Beautiful river views
CLICK HERE FOR VIRTUAL TOUR
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Medical Facility / Office Building For Sale


 

For Sale – Office Building / Medical Facility – 1 S Virginia St/Route 14, Crystal Lake, IL 

Property Highlights
  • Building Size: 4,500 sq. ft.
  • Lot Size: +/- 26,000 sq. ft.
  • Parking Spaces: 14 on site/4 on adjacent property
  • Zoned: Office
  • Parcel No.: 19-06226028
  • Taxes (2018): $17,256
  • Asking Price: $690,000
  • Built: 2004
  • Move-in ready – fully equipped
  • Traffic Count: S. Virginia St/N. Virginia St – 23,430
  • Side-street Entrance (Crystal Lake Avenue)
  • Located on Route 14
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Coworking & Office Space Available: 9 W Washington


 

Coworking & Office Space Available – Prime Loop Location  – 9 W Washington

16,000 square feet
Available for direct lease at $26.25/sf MG
Coworking space for 3-40+ people
Several options & configurations possible
Click HERE for virtual tour!
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Coworking & Office Space Available: 444 N Wabash


 

Coworking & Office Space Available – Prime River North Location  – 444 N Wabash

10,000 square feet
5,000 sf direct lease available
$25.50/sf MG
2-60 person coworking spaces available
Several options & configurations possible
Click HERE for virtual tour!
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Prime Retail Space Available: 25-27 E Illinois


 

Prime Retail Space Available  – 25-27 E Illinois

5,000 Square Feet
Area Tenants: HUB 51, RPM Steakhouse, Shaw’s Crabhouse, Hotel Palomar, Star of Siam, Ruth’s Chris Steakhouse, Public House, LYFE Kitchen

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QSR w/Drive-Thru Opportunity


 

QSR w/Drive-Thru Opportunity  – Immediate Occupancy/New Construction

2,045 Square Feet
737 Square Feet Shared Restrooms
7-Eleven Convenience Store
Mobil Gas Station
11601 West Touhy Ave, Building 840

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The Difference Between Commercial Building Class Types


When searching for the most suitable office for your company, it’s important to consider the building class type. While the class type is often overlooked by tenants, it is actually an important factor to determine and compare one building’s price to another.

Office buildings are classified into three categories (A, B and C). The class can be determined by age, amenities, technology capabilities, quality of HVAC systems, landscaping and how well the building has been maintained.

Class A

These buildings are considered the highest quality available and state of the art. This is due to their modern architecture, sound infrastructure, well functioning HVAC system, professional management, tighter security and altogether well manicured appearance. Generally, these buildings will be under 10 years old. Thus, a Class A building or office space will be the most expensive.

Class B

These buildings are still high quality, but may be a little out-dated. The average age will be between 10 and 20 years. Even in this case many tenants and/or landlords find these buildings to be a good investment. The technology capabilities may not be best in class, but typically will suffice. Security may or may not be on staff and typically it is not required to check in, in order to reach the space. While the amenities of Class B spaces rank average, with some facade work, a bit of interior redesign, along with an upgrade in management these buildings and spaces have the potential to be converted to a Class A status.

Class C

This class varies depending upon location (city, suburb, town, etc). These buildings are generally 20 years old at minimum. Some may be well kept, however, normally these buildings will lack many modern amenities. Technology will be lower quality and the HVAC system may not function well. In addition, this could include old elevators and mechanical systems, moderately run-down parking lots, and out-of-date furnishings. These buildings will not have security staff or food available on the premises.

As you’re shopping around for a new space, make sure to factor class type into your search. The more you know about a building, its age and amenities, the more equipped you’ll be to make an informed decision before signing a lease.

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