162 West Grand Ave - Office Space Availability

For Lease$22/Sqft/Year See below for details.

162 W Grand Ave, Chicago, IL 60654

  • Office
  • Office Building
  • 2,046 Sqft

162 West Grand Ave, Chicago, IL 60654 - Office Space for rent

162 West Grand Ave is located at 162 W Grand Ave in the River North neighborhood, IL, Chicago, 60654. The Office building was completed in 1881 and features a total of 5,973 Sqft. There is 1 Office space available for lease at 162 W Grand Ave, Chicago, IL, 60654, totaling 2,046 Sqft. The largest space available has 2,046 Sqft and a rental rate of $22/Sqft/Year.

There are 147 office spaces for lease in the River North neighborhood, totaling 1,293,615 Sqft of available office space. The office space availability for the 60654 zip code is 1,965,407 Sqft, in 234 office spaces. The average asking office rent per sq. ft. in River North is $28.47/sqft/year. For Class A+ office buildings the average office rate is $41/sqft/year, for Class A office buildings the average office rate is $29.13/sqft/year, for Class B office buildings the average office rate is $29.1/sqft/year, for Class C office buildings the average office rate is $24.33/sqft/year.

In River North, there are 2 class A+ office buildings, there are 8 class A office buildings, there are 50 class B office buildings, there are 12 class C office buildings. In River North, there are a total of 4 LEED certified office buildings. In 1881, the same year 162 West Grand Ave was built, 4 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Chicago, featuring 69,690 square feet of commercial space. At zip code level, there are 58 commercial properties, of which 53 are office buildings over 50,000 square feet.

Nearby Listings

Nearby Properties

Details

  • Lease Rate $22/Sqft/Year
  • City Chicago
  • Neighborhood River North
  • Zip Code 60654
  • Property Type Office - Office Building
  • Property Size 5,973 Sqft
  • Lot Size 0.05 Acre
  • Year Built 1881
  • Date Updated 13 Aug, 2020

Availability

Suite Name Space Type Lease Rate Space Available
2nd Floor Office $22/Sqft/Year 2,046 Sqft
  • Suite 2nd Floor
  • Space Type Office
  • Total Space Available 2,046 Sqft
  • Floor From 2 To 2
  • Divisible Space No
  • Min Divisible 2,046 Sqft
  • Max Contiguous 2,046 Sqft
  • Lease Rate $22/Sqft/Year
  • Possession Type Arranged
  • Lease Type Modified Gross
  • Call For Terms Yes
  • Renewal Option Yes
  • Sub Lease No

Available with 30 days notice.

FREQUENTLY ASKED QUESTIONS

How many office spaces are available at 162 West Grand Ave?

There is currently 1 office space in this building.

What is the largest space available at 162 West Grand Ave?

Currently, the largest rentable space at 162 West Grand Ave totals 2,046 square feet.

What is the lease rate of the largest space available?

The monthly lease rate for the largest space available at 162 West Grand Ave is $22/Sqft/Year per square foot.

What is the total square footage of 162 West Grand Ave?

162 West Grand Ave totals 5,973 square feet.

When was this property built?

162 West Grand Ave was built in 1881.

River North Demographics

The average household income in zip code 60654 is $165,178, from a total of 12,068 households. In terms of employment, there are 97.90 % white-collar and 2.10 % blue-collar jobs in zip code 60654.

Population

  • Total Population19,135
  • Male Population(51.0 %) 9,754
  • Female Population(49.0 %) 9,381
  • Median Age33.10

Income/Financial

  • Average Household Income$165,178
  • Median Household Income$112,699
  • Median Income Under 25$48,269
  • Median Income 25-44$119,977
  • Median Income 45-64$106,163
  • Median Income Over 65$106,344

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Amanda Friedlander

InCommercial Property Group

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