Mural Park - 1911 South Sangamon

Off-Market

1911 South Sangamon Street, Chicago, IL 60608

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

  • Property Type Office - Creative Office
  • Property Size 100,000 SF
  • Lot Size 0.93 Acre
  • Parking Spaces Avail. 24
  • Parking Ratio 0.24 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 2019

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 Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

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 ®

    92/100 Walker's Paradise
  • Transit Score ®

    62/100 Good Transit
  • Bike Score ®

    93/100 Biker's Paradise
Powered by Walk Score ®
  • City Chicago, IL
  • Neighborhood Pilsen
  • Zip Code 60608
  • Market Chicago

Points of Interest

  • Halsted Street

    0.35 miles

  • Halsted

    0.60 miles

  • Cermak-Chinatown

    0.94 miles

  • 18th

    1.04 miles

  • Cermak-McCormick Place

    1.20 miles

  • UIC-Halsted

    1.38 miles

  • UIC-Halsted (Morgan Street)

    1.38 miles

  • UIC-Halsted (Halsted Street)

    1.39 miles

  • Ashland

    1.39 miles

  • Roosevelt

    1.40 miles

  • Citgo

    0.60 miles

  • Gas Depot

    0.88 miles

  • BP

    0.91 miles

  • Mobil

    0.97 miles

  • Citgo

    0.99 miles

  • Midwest

    1.00 miles

  • Tesla Supercharger

    1.05 miles

  • Costco Gasoline

    1.12 miles

  • Mobil

    1.15 miles

  • BP

    1.20 miles

  • Halsted Park & Ride

    0.65 miles

  • Chinatown Parking

    0.93 miles

  • UIC Halsted Street Parking Structure

    1.05 miles

  • Lot 12

    1.19 miles

  • Lot 1A

    1.28 miles

  • Lot K

    1.29 miles

  • Lot 1B

    1.29 miles

  • Lot M

    1.30 miles

  • Lot F4

    1.30 miles

  • Lot H

    1.32 miles

  • Jaslin Hotel

    0.80 miles

  • SpringHill Suites by Marriott Chicago Chinatown

    1.00 miles

  • Chicago South Loop Hotel

    1.33 miles

  • Hilton Garden Inn, Hampton Inn, & Home2 Suites

    1.38 miles

  • Holiday Inn Chicago-Downtown

    1.42 miles

  • Hotel BnB

    1.45 miles

  • Marriott Marquis

    1.51 miles

  • Chicago Parthenon Hostel

    1.52 miles

  • Marriott at Medical District/UIC

    1.54 miles

  • Wheeler Mansion

    1.54 miles

  • Dia De Los Tamales

    0.17 miles

  • Yvolina’s Tamales

    0.21 miles

  • Tacos Palas

    0.27 miles

  • HaiSous Vietnamese Kitchen

    0.27 miles

  • DeColores

    0.27 miles

  • Pilsen Yards

    0.36 miles

  • Caire's Pizza

    0.37 miles

  • La Vaca Margarita Bar

    0.38 miles

  • Honky Tonk BBQ

    0.41 miles

  • Dusek's

    0.45 miles

  • Pros Arts Studio

    0.11 miles

  • Walsh Elementary School

    0.12 miles

  • Jungman Elementary School

    0.27 miles

  • Manuel Perez Elementary School

    0.46 miles

  • Saint Procopius Elementary School

    0.47 miles

  • Acapulco Driving School

    0.58 miles

  • Smyth Elementary School

    0.70 miles

  • Pilsen Community Academy

    0.72 miles

  • Medill Elementary School

    0.76 miles

  • Benito Juarez Community Academy

    0.79 miles

  • Taylor Tots

    1.16 miles

  • The Goddard School

    1.41 miles

  • New Zion Childcare Academy

    1.48 miles

  • Adams Street Child Care Center

    2.11 miles

  • Bright Horizons

    2.70 miles

  • Cornerstone Children's Learning Center

    3.34 miles

  • Brighton Park Early Learning Center

    3.82 miles

  • North Avenue Day Nursery

    3.99 miles

  • Peter Cottontail Day Nursery

    4.17 miles

  • UChicago Child Development Center - Drexel

    4.93 miles

Frequently Asked Questions

What is the total square footage of Mural Park - 1911 South Sangamon?

Mural Park - 1911 South Sangamon totals 100,000 square feet.

When was this property built?

Mural Park - 1911 South Sangamon was built in 2019.

What is the property tax for Mural Park - 1911 South Sangamon?

The property tax for Mural Park - 1911 South Sangamon in 2022 was $1,800,445.

What is the market value for Mural Park - 1911 South Sangamon?

The market value* for Mural Park - 1911 South Sangamon in 2022 was $84,909,962.
*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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