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1348 W Concord Pl 17,250 sq ft 33% Let Office Property Chicago, IL 60642 £2,082,860 (£120.75/sq ft)
Investment Highlights
- Complete buildout
- Open plan with exposed brick walls
- Backup generator
- Elevator
- FF&E included
Executive Summary
Financial Summary (Pro Forma - 2024) |
Annual | Annual Per sq ft |
|---|---|---|
| Gross Rental Income |
£324,382
|
£18.80
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£324,382
|
£18.80
|
| Taxes |
£67,409
|
£3.91
|
| Operating Expenses |
£7,374
|
£0.43
|
| Total Expenses |
£74,783
|
£4.34
|
| Net Operating Income |
£249,599
|
£14.47
|
Financial Summary (Pro Forma - 2024)
| Gross Rental Income | |
|---|---|
| Annual | £324,382 |
| Annual Per sq ft | £18.80 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Effective Gross Income | |
|---|---|
| Annual | £324,382 |
| Annual Per sq ft | £18.80 |
| Taxes | |
|---|---|
| Annual | £67,409 |
| Annual Per sq ft | £3.91 |
| Operating Expenses | |
|---|---|
| Annual | £7,374 |
| Annual Per sq ft | £0.43 |
| Total Expenses | |
|---|---|
| Annual | £74,783 |
| Annual Per sq ft | £4.34 |
| Net Operating Income | |
|---|---|
| Annual | £249,599 |
| Annual Per sq ft | £14.47 |
Property Facts
Amenities
- Bus Route
- Air Conditioning
Major Tenants
- Tenant
- Industry
- sq ft Occupied
- Rent/sq ft
- Lease End
-
- Real Estate
- -
- -
- May 2026
| Tenant | Industry | sq ft Occupied | Rent/sq ft | Lease End | ||
|
|
Real Estate | - | - | May 2026 |
Space Availability
- Space
- Size
- Space Use
- Fit-Out
- Available
IMMEDIATELY AVAILABLE! INCREDIBLE LOFT STYLE OFFICE SPACE COMPLETELY BUILT-OUT! UP TO 11,500 SQ FT AVAILABLE...5750 SQ. FT. (if occupying one floor) OR 11,500 SQ. FT. (if occupying both floors)...BOTH FLOORS CURRENTLY AVAILABLE. PRIVATE OFFICES, CONFERENCE ROOMS, COPY ROOM, PREPPED SERVER ROOM, LOTS OF STORAGE, ETC...SEPARATE HVAC, FREIGHT ELEVATOR MODIFIED TO A PASSENGER ELEVATOR PLUS A FULL BUILDING GENERATOR. $23/FT. MODIFIED GROSS LEASE WITH REAL ESTATE TAX ESCALATION CLAUSE. TENANT IS ALSO RESPONSIBLE FOR UTILITIES AND MAINTENANCE.
IMMEDIATELY AVAILABLE! INCREDIBLE LOFT STYLE OFFICE SPACE COMPLETELY BUILT-OUT! UP TO 11,500 SQ FT AVAILABLE...5750 SQ. FT. (if occupying one floor) OR 11,500 SQ. FT. (if occupying both floors)...BOTH FLOORS CURRENTLY AVAILABLE. PRIVATE OFFICES, CONFERENCE ROOMS, COPY ROOM, PREPPED SERVER ROOM, LOTS OF STORAGE, ETC...SEPARATE HVAC, FREIGHT ELEVATOR MODIFIED TO A PASSENGER ELEVATOR PLUS A FULL BUILDING GENERATOR. $23/FT. MODIFIED GROSS LEASE WITH REAL ESTATE TAX ESCALATION CLAUSE. TENANT IS ALSO RESPONSIBLE FOR UTILITIES AND MAINTENANCE.
| Space | Size | Space Use | Fit-Out | Available |
| 2nd Floor | 5,750 sq ft | Office | Full Fit-Out | Now |
| 3rd Floor | 5,750 sq ft | Office | Full Fit-Out | Now |
2nd Floor
| Size |
| 5,750 sq ft |
| Space Use |
| Office |
| Fit-Out |
| Full Fit-Out |
| Available |
| Now |
3rd Floor
| Size |
| 5,750 sq ft |
| Space Use |
| Office |
| Fit-Out |
| Full Fit-Out |
| Available |
| Now |
2nd Floor
| Size | 5,750 sq ft |
| Space Use | Office |
| Fit-Out | Full Fit-Out |
| Available | Now |
IMMEDIATELY AVAILABLE! INCREDIBLE LOFT STYLE OFFICE SPACE COMPLETELY BUILT-OUT! UP TO 11,500 SQ FT AVAILABLE...5750 SQ. FT. (if occupying one floor) OR 11,500 SQ. FT. (if occupying both floors)...BOTH FLOORS CURRENTLY AVAILABLE. PRIVATE OFFICES, CONFERENCE ROOMS, COPY ROOM, PREPPED SERVER ROOM, LOTS OF STORAGE, ETC...SEPARATE HVAC, FREIGHT ELEVATOR MODIFIED TO A PASSENGER ELEVATOR PLUS A FULL BUILDING GENERATOR. $23/FT. MODIFIED GROSS LEASE WITH REAL ESTATE TAX ESCALATION CLAUSE. TENANT IS ALSO RESPONSIBLE FOR UTILITIES AND MAINTENANCE.
3rd Floor
| Size | 5,750 sq ft |
| Space Use | Office |
| Fit-Out | Full Fit-Out |
| Available | Now |
IMMEDIATELY AVAILABLE! INCREDIBLE LOFT STYLE OFFICE SPACE COMPLETELY BUILT-OUT! UP TO 11,500 SQ FT AVAILABLE...5750 SQ. FT. (if occupying one floor) OR 11,500 SQ. FT. (if occupying both floors)...BOTH FLOORS CURRENTLY AVAILABLE. PRIVATE OFFICES, CONFERENCE ROOMS, COPY ROOM, PREPPED SERVER ROOM, LOTS OF STORAGE, ETC...SEPARATE HVAC, FREIGHT ELEVATOR MODIFIED TO A PASSENGER ELEVATOR PLUS A FULL BUILDING GENERATOR. $23/FT. MODIFIED GROSS LEASE WITH REAL ESTATE TAX ESCALATION CLAUSE. TENANT IS ALSO RESPONSIBLE FOR UTILITIES AND MAINTENANCE.
Property Taxes
| Parcel Number | 14-32-316-047-0000 | Total Assessment | £257,383 (2025) |
| Land Assessment | £35,367 (2025) | Annual Taxes | £67,409 (£3.91/sq ft) |
| Improvements Assessment | £222,016 (2025) | Tax Year | 2024 Payable 2024 |
Property Taxes
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1348 W Concord Pl
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