Plug & Play Creative Office Building
8,000 SF Plug & Play Creative Office Building
Marketing description
Transwestern, as exclusive listing agent, is pleased to present the opportunity to acquire 21 W Illinois Street, a ±8,000-square-foot, four-story brick-and-timber creative office building located in the heart of River North, one of Chicago’s most dynamic and amenity-rich submarkets.
Owner-occupied since its 2010 renovation, the property offers a refined, design-forward aesthetic, combining the sleek functionality of a modern tech workspace with the warmth and finishes of a high-end residential environment. Authentic architectural elements, including exposed brick, timber beams, skylights, and impressive ceiling heights, create a distinctive creative-office identity that stands apart from commodity office product. The building’s efficient footprint and full-floor control enable an owner-user to fully customize operations, branding, and workflow without the constraints of a leased environment.
Investment highlights
Immediate Owner-User Occupancy
Delivered fully vacant with a complete, functional office buildout, consisting of 77 existing workstations (but designed for 90), 3 private offices, 9 conference rooms, and kitchens and restrooms on every floor, enabling near-term occupancy with limited capital investment.
Distinctive Creative Office Environment
Brick-and-timber construction, skylights, café/lounge areas, and a private outdoor deck provide a differentiated workspace not replicated in typical leased office product.
Exceptional Transit Accessibility
Located just steps from the CTA Red Line (Grand) and walkable to CTA transit lines, supporting ease of access for employees and visitors.
Long-Term Flexibility & Value Preservation
DX-7 zoning and full-building ownership provide adaptability for future reconfiguration, alternate use consideration or partial leasing if desired.
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