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213 West Institute Place

213 West Institute Place

213 West Institute is the perfect blend of vintage brick and timber and modern office construction. Along with the building’s great design comes walkable shopping, restaurants, bars, hotels and transportation
Exterior view of 213 West

155,385

Rentable Square Feet

Office

Property Type

The Institute building is a vintage brick and timber loft office building, once home to Gormully & Jeffery Mfg. Co., a bike manufacturing facility. The historic property recently underwent a full renovation, with over $6.3 million worth of capital improvements.
Since 2015, the property has undergone a roof replacement, lobby renovation, corridor upgrades, new fire panel and freight elevator, along with replacement of tenant specific HVAC units and coils. These upgrades have been accretive in improving the building to a best-in-class brick and timber building, but also in the retention of existing tenants and marking rents to market. In addition to the renovation, the property also offers an on-site 32-stall parking lot, a rare amenity within the submarket.

LOCATION

Chicago, Illinois

no. of buildings

1

PROPERTY TYPE

Office

square footage

155,385

Logos shown represent awards or honors attributable to KBS properties in the last five years. LEED and Energy Star designations may reflect certifications received prior to the current year. Some properties may reflect multiple buildings where some of the buildings at the property do not possess LEED or Energy Star certifications. Awards shown may represent a specific event and do not constitute an endorsement of KBS by any of the entities shown.

Accolades

Why Tenants Like This Property

The property offers an on-site 32-stall surface parking lot, walkable amenities (98 walk score), superior access to north Chicago and direct access to the Loop with access to the brown and purple line transit stops.
Nearby Lightrail Icon_Premier Real Estate Investment Management
Transportation Nearby
Nearby stores icon small
Shopping Nearby
nearby entertainments icon
Entertainment Nearby
Restaurants Nearby
Lounges icon small
Tenant Lounge
On-Site Parking
On-Site Storage
Pet Friendly
Security

Location

213 W Institute Place,

Chicago, IL 60610

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