5515 North East River Road

Off-Market

5515 North East River Road, Chicago, IL 60656

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 113,000 SF
  • Lot Size 3.5 Acre
  • Parking Spaces Avail. 248
  • Parking Ratio 2.20 / 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1990

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Brokers

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Documents

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Sales

  • Purchase Date 18 Oct, 2010
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Chicago

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Chicago Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $36.90
  • 2022 Office Vacancy Rate 15.59%
  • 2022 Office Completions (SF) 2,567,705

Chicago Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2022 Avg. Price per SF $227.03
  • Y-o-Y Avg. PpSF Change -35.57%
  • 2022 Office Sales Volume $1.1B
  • 2022 Number of Transactions 24
View more Chicago market trends

Location

Getting Around

  • Walk Score ®

    63/100 Somewhat Walkable
  • Transit Score ®

    54/100 Good Transit
  • Bike Score ®

    45/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Chicago, IL
  • Neighborhood O'Hare
  • Zip Code 60656
  • Market Chicago

Points of Interest

  • Cumberland

    0.52 miles

  • Rosemont

    0.75 miles

  • Rosemont CTA Station

    0.80 miles

  • Rosemont

    1.45 miles

  • Schiller Park

    1.74 miles

  • Harlem

    1.92 miles

  • O'Hare Transfer

    2.07 miles

  • O'Hare Multi-Modal Facility

    2.09 miles

  • Edison Park

    2.14 miles

  • Park Ridge

    2.24 miles

  • Shell

    0.62 miles

  • Mobil

    0.70 miles

  • Citgo

    0.97 miles

  • Mobil

    1.05 miles

  • Mobil

    1.07 miles

  • Tesla Supercharger

    1.07 miles

  • Shell

    1.27 miles

  • BP

    1.30 miles

  • Marathon

    1.39 miles

  • Shell

    1.41 miles

  • Cumberland Park & Ride

    0.49 miles

  • Kiss and Ride

    0.49 miles

  • East Parking Garage

    0.60 miles

  • Rosemont Park & Ride

    0.75 miles

  • Kiss and Ride

    0.80 miles

  • Fashion Outlets of Chicago

    1.08 miles

  • Bus Parking

    1.60 miles

  • TNP Rideshare Lot

    1.60 miles

  • Free parking for Oriole Park

    1.62 miles

  • Resurrection Medical Center - Parking

    1.63 miles

  • Renaissance Chicago O'Hare Suites

    0.36 miles

  • Chicago Marriott O'Hare

    0.45 miles

  • Holiday Inn Chicago O'Hare Area

    0.55 miles

  • Hyatt Regency O'Hare Chicago

    0.67 miles

  • Embassy Suites by Hilton Chicago O'Hare Rosemont

    0.89 miles

  • Hilton Rosemont/Chicago O'Hare

    0.89 miles

  • DoubleTree by Hilton Hotel Chicago O'Hare Airport - Rosemont

    0.90 miles

  • Chicago Marriott Suites O'Hare

    0.90 miles

  • SpringHill Suites by Marriott Chicago O'Hare

    0.91 miles

  • Crowne Plaza Chicago Ohare Hotel & Conf Ctr, an IHG Hotel

    0.93 miles

  • Plush Pup

    0.50 miles

  • Lins Mandarin Sushi

    0.67 miles

  • Subway

    0.68 miles

  • Dunkin'

    0.68 miles

  • Elly’s Pancake House

    0.69 miles

  • Dunkin'

    0.74 miles

  • Hooters

    0.78 miles

  • Dunkin'

    0.79 miles

  • Tasty World Restaurant

    0.91 miles

  • Outback Steakhouse

    0.92 miles

  • Everett McKinley Dirksen Elementary School

    0.52 miles

  • Pennoyer Elementary School

    0.56 miles

  • Our Lady Mother of the Church School

    0.96 miles

  • St. Sava Academy

    0.99 miles

  • Mary Seat of Wisdom School

    1.03 miles

  • Saint Eugene School

    1.07 miles

  • Saint Paul School

    1.12 miles

  • John Leigh Elementary School

    1.23 miles

  • Rosemont Elementary School

    1.43 miles

  • Washington Elementary School

    1.43 miles

  • Pinocchio Child Care

    3.61 miles

  • Care-A-Lot Early Learning Center

    3.71 miles

  • Early Childhood Center

    3.89 miles

  • Kiddie Garden Child Care Center

    5.28 miles

  • Children's Land Learning Center

    5.50 miles

  • Niles Township Community Day Care and Food Pantry

    5.79 miles

  • KinderCare

    6.50 miles

  • Little Angels

    6.61 miles

  • Tot Learning Center

    6.89 miles

  • Ladybug & Friends Daycare

    6.96 miles

Frequently Asked Questions

What is the total square footage of 5515 North East River Road?

5515 North East River Road totals 113,000 square feet.

When was this property built?

5515 North East River Road was built in 1990.

When was 5515 North East River Road last sold?

5515 North East River Road was last sold on 18 Oct, 2010.

What is the property tax for 5515 North East River Road?

The property tax for 5515 North East River Road in 2022 was $516,793.

What is the market value for 5515 North East River Road?

The market value* for 5515 North East River Road in 2022 was $10,279,801.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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