1348 W Concord Place Chicago, IL ^$ 2,995,000

1348 W Concord Place

^$ 2,995,000

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1348 W Concord Place

Chicago, IL, 60622

^$ 2,995,000

Bedrooms-- Baths-- Sq 17,250

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Property for Rent in Chicago, IL

for $2,995,000. This 17,250 square foot property was built in 1888 on a lot size of 0.15.

A versatile 3 story office building with 17,250 square feet that has been completely built out. The building consists of reception area's, private offices, open concept work area's, conference rooms, built-out webinar rooms, kitchenette and breakroom/eating area's. An owner user has income in place to off-set expenses or, with the large spectrum of permitted uses, this can be a value add opportunity for an investor. Multi-tenant potential with separate HVAC, gas and electric for each floor, fire sprinklers, generator, freight / passenger elevator, and so much more. Full list of FF&E, survey and floor plans available upon request. Rental income is proforma...second and third floor currently vacant.

Rental Active

Price

^$ 2,995,000

Taxes

^$ 89,000

Style

Commercial,Office

Lot Size

0.15

Year Built

1888

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12207823

Features

General

Cooling Central Air

Utilities Electricity Available Natural Gas Available

Possession Closing

Zoning MANUF

Construction Materials Brick Wood

Year Built 1888

Electric Circuit Breakers Separate Meters Heavy Power 1200+ Amps Three Phase

Tenant Pays Air Conditioning Electricity Heat Taxes Repairs Scavenger Sewer Varies by Tenant

Stories Count 3

Township West Chicago

Tax Year 2023

Current Use Commercial Office

Gross Income 428281

County Cook

Net Operating Income 289411

Operating Expense 138870

Property Type Commercial Sale Office/Tech

Status Active

Directions North Ave. to Elston Ave. north to Concord Pl. East to 1348

City Chicago

Number Of Units Total 3

MLS Area CHI - West Town

Lot Size Square Feet 6550

Tax Annual Amount 89000

Additional Parcels Y/N N

Leasable Area 11500

Lease Type Modified Gross

Standard Status Active

Cap Rate 8.3

Interior

Flooring Carpet Concrete Tile

Exterior

Foundation Details Concrete Perimeter

Building Area Total 17250

Lot Dimensions 50 X 131

Lot Size Acres 0.15

* Excluded Features

List By

@Properties Christie�S International Real Estate

Broker

chrisdemos@atproperties.com

Nearby

Trends
Schools

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/21/2025	$2,995,000	-13.19%	Price Down
11/14/2024	$3,450,000		Listed Price

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1348 W Concord Place, Chicago, IL, 60622 is a Property for Rent at $2,995,000 with 17,250 sqft and a lot size of 0.15. 1348 W Concord Place was built in 1888. The property's zip code is 60622 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Data is updated as of 12/17/2025.

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1348 W Concord Place

Property for Rent in Chicago, IL

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