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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
False
Location
- City Chicago, IL
- Neighborhood O'Hare
- Zip Code 60656
- Market Chicago
Contacts
Find property contacts with verified and updated contact information on CommercialEdge: owners, building management, representatives from permits and tenants.
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 |
This is a preview. The total list of tenants and suites, along with other lease information, for this property is available on CommercialEdge
Brokers
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Documents
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Sales
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.
Asking Rents in Chicago Office Market
Office rental rates are based on aggregated data of asking rates.
- 2020 Avg. Asking Rent $37.56
- 2020 Office Vacancy Rate 10.77%
- 2020 Office Completions (SF) 3,921,538
Chicago Office Sales Trends
All sale prices are based on publicly recorded, verified sales.
- 2020 Avg. Price per SF $340.24
- Y-o-Y Avg. PpSF Change 25.08%
- 2020 Office Sales Volume $1.5B
- 2020 Number of Transactions 13
Tax
- Property Tax in 2020 $405,387
- Market Value* $8,070,928
- Assessed Value $8,070,928
Find more tax info, including assessment history and abatements, on CommercialEdge
*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.
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 2020 was $405,387.
What is the market value for 5515 North East River Road?
The market value* for 5515 North East River Road in 2020 was $8,070,928.
*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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Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.
