Lakeside Technology Center

Off Market

350 East Cermak Road, Chicago, IL 60616

  • Industrial
  • 1,133,739 Sqft

Lakeside Technology Center, Chicago, IL 60616 - Industrial Space

Lakeside Technology Center is located at 350 East Cermak Road in the South Loop neighborhood, IL, Chicago, 60616. The Class B Industrial building was completed in 1912 and features a total of 1,133,739 Sqft.

There are 108 industrial spaces for lease in the Chicago city, totaling 7,922,362 Sqft of available industrial space. The average asking industrial rent per sq. ft. in Chicago is $9.35/sqft/year. For Class A industrial buildings the average industrial rate is $4/sqft/year, for Class B industrial buildings the average industrial rate is $9.68/sqft/year, for Class C industrial buildings the average industrial rate is $16/sqft/year.

In South Loop, there are 8 class B industrial buildings. In 1912, the same year Lakeside Technology Center was built, 187 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Chicago, featuring 3,148,129 square feet of commercial space. At zip code level, there are 21 commercial properties, of which 10 are industrial buildings over 50,000 square feet.

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Details

  • City Chicago
  • Neighborhood South Loop
  • Zip Code 60616
  • Market Chicago
  • Property Type Industrial
  • Property Size 1,133,739 Sqft
  • Lot Size 5.08 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1912

FREQUENTLY ASKED QUESTIONS

What is the total square footage of Lakeside Technology Center?

Lakeside Technology Center totals 1,133,739 square feet.

When was this property built?

Lakeside Technology Center was built in 1912.

South Loop Demographics

The average household income in zip code 60616 is $69,607, from a total of 24,417 households. In terms of employment, there are 89.02 % white-collar and 10.98 % blue-collar jobs in zip code 60616.

Population

  • Total Population23,021
  • Male Population(48.2 %) 11,105
  • Female Population(51.8 %) 11,916
  • Median Age33.90

Income/Financial

  • Average Household Income$102,467
  • Median Household Income$93,508
  • Median Income Under 25$20,869
  • Median Income 25-44$109,861
  • Median Income 45-64$98,368
  • Median Income Over 65$42,692