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220 W Erie St

Near North Side, Chicago, IL

About 220 W Erie St

Though a restaurant would be an ideal new tenant for the space at 220 West Erie Street, that is one of multiple ways it could meet the needs of groups who want to rent office space in the “Windy City” of Chicago, Illinois.

A potential restaurant tenant would fit beautifully into this space that covers over 5,000 square feet, but retail would fit in as well. The construction is only a few years old, so tenants would be joining a classy, well-equipped building in central Chicago’s Cook County.

There is plenty of metered street parking near 220 West Erie Street, and there are also nearby parking lots that can be used by employees and patrons.

This is a high-visibility, top-end location and any potential tenant has the potential to thrive in this beautiful, multi-story brick building.

The building at 220 West Erie Street has large windows and plenty of street frontage, and is near public transportation stations and expressways.

Internet Providers for 220 W Erie St

Provider Technology Max Download Speed Max Upload Speed
RCN and RCN Business Solutions Fiber
10 Gb/s
10 Gb/s
Comcast Cable
1 Gb/s
1 Gb/s
MegaPath Corporation DSL
50 Mb/s
50 Mb/s
AT&T Illinois DSL
25 Mb/s
1.5 Mb/s

The Neighborhood: Near North Side

On average, listings lease in the $30's per square foot per year. The Near North Side region is seeing a a rise in rates. In the last 3 months, the median rate went up $5 per sqft per year. That's a 15% increase in rent.

Compared to the rest of the Chicagoland market, the Near North Side region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Median Rate Median Size
Near North Side $40
/sqft/yr
3,620
sqft
Median Rate Median Size
Chicagoland $24
/sqft/yr
2,380
sqft

Median Rate over Time in Near North Side