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213 West Institute Place
213 West Institute Place
- Chicago, Illinois
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
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
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.
Transportation Nearby
Shopping Nearby
Entertainment Nearby
Restaurants Nearby
Tenant Lounge
On-Site Parking
On-Site Storage
Pet Friendly
Security
