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Highlights
- Discover 12,396 square feet of immediately available, divisible space with exceptional frontage along Lake and Racine.
- Additional features include black iron pathways, potential outdoor seating, and dedicated loading.
- Demographics include 10,000 residents with $179,342 average household income within 0.5 miles, boasting a 27% increase over the last five years.
- Features include 20-foot ceilings and floor-to-ceiling glass storefronts.
- Convenient, accessible location near Morgan CTA (two blocks away), I-90/I-94 expressway (3 minutes away), and The Loop (less than 10 minutes away).
- Google Headquarters, Fulton West, and McDonald’s Headquarters are located within a 0.3-mile radius.
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
1st Floor, Ste Retail A | 1,526 SF | 20’ | 1-10 Years | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | |
1st Floor, Ste Retail C | 3,404 SF | 20’ | 1-10 Years | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor, Ste Retail A
- Open Floor Plan Layout
- Finished Ceilings: 20’
1st Floor, Ste Retail C
- Finished Ceilings: 20’
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
TENANTS AT Twelve01West
- Tenant
- Description
- SIZE
- MOVE DATE
- US Locations
- Reach
- ServiceNow
- Other Services
- 47,774 SF
- -
- 44
- International
ServiceNow makes the world work better for everyone. Their cloud-based platform and solutions help digitize and unify organizations so that they can find smarter, faster, better ways to make work flow. So employees and customers can be more connected, more innovative, and more agile. And they can all create the future people imagine. The world works with ServiceNow. ServiceNow brings AI to all corners of your business, enabling your people to be more productive, more responsive, and more innovative.
- SCC
- Services
- 15,000 SF
- -
- -
- -
- McCaffery
- Real Estate
- 11,151 SF
- -
- -
- -
- Coca-Cola
- Drinks/Juices
- 7,400 SF
- -
- 323
- International
The Coca-Cola Company is a total beverage company with products sold in hundreds of countries and territories. Their company’s purpose is to refresh the world and make a difference. Their portfolio of brands includes Coca-Cola, Sprite, Fanta and other sparkling soft drinks. Their hydration, sports, coffee and tea brands include Dasani, smartwater, vitaminwater, Topo Chico, Powerade, Costa, Georgia, Gold Peak, Ayataka, and BodyArmor. Their nutrition, juice, dairy and plant-based beverage brands include Minute Maid, Simply, innocent, Del Valle, fairlife and AdeS. The Coca-Cola Company is constantly transforming their portfolio, from reducing sugar in their drinks to bringing innovative new products to market. They seek to positively impact people’s lives, communities and the planet through water replenishment, packaging recycling, sustainable sourcing practices and carbon emissions reductions across their value chain.
- Datassential
- Professional, Scientific, and Technical Services
- -
- -
- -
- -
- Bissell
- Manufacturing
- -
- -
- -
- -
- Drip Collective
- Accommodation and Food Services
- -
- 12/2023
- 1
- -
Tenant | Description | SIZE | MOVE DATE | US Locations | Reach |
ServiceNow | Other Services | 47,774 SF | - | 44 | International |
SCC | Services | 15,000 SF | - | - | - |
McCaffery | Real Estate | 11,151 SF | - | - | - |
Coca-Cola | Drinks/Juices | 7,400 SF | - | 323 | International |
Datassential | Professional, Scientific, and Technical Services | - | - | - | - |
Bissell | Manufacturing | - | - | - | - |
Drip Collective | Accommodation and Food Services | - | 12/2023 | 1 | - |
PROPERTY FACTS FOR 1201 W Lake St , Chicago, IL 60607
Property Type | Retail | Year Built | 2019 |
Gross Leasable Area | 12,170 SF |
Property Type | Retail |
Gross Leasable Area | 12,170 SF |
Year Built | 2019 |
About the Property
Twelve01West is the West Loop’s best boutique office building, with a depth of offerings unseen in Chicago’s vibrant Fulton Market neighborhood. Featuring a beautifully finished, dynamic glass and concrete design, this seven-story trophy-quality office building includes more than 12,000 square feet of ground-level retail opportunities, available immediately. Just one block off of Chicago’s Restaurant Row, near multiple transportation connections and international corporate headquarters, hot entertainment venues, and trendy fitness studios, Twelve01West is at the center of the 24/7 Fulton Market District. Day and night, residents, commuters, and visitors flock to the area in search of the latest styles and flavors and to take in the neighborhood’s modern industrial style, unlike any other in Chicago.
Marketing Brochure
DEMOGRAPHICS
Demographics
Nearby Amenities
Restaurants |
|||
---|---|---|---|
Stan's Donuts | Donuts | $ | 2 min walk |
Peoria Meat Packing | American | $$ | 3 min walk |
City Winery | American | $$ | 2 min walk |
The Distillery | - | - | 3 min walk |
Counter Culture Coffee | - | - | 4 min walk |
Loyalist | Seafood | $$$ | 4 min walk |
Alhambra Palace | Middle Eastern | $$$ | 3 min walk |
Lou Malnati's Pizzeria | - | - | 4 min walk |
Smyth + The Loyalist | American | $$$ | 4 min walk |
Retail |
||
---|---|---|
Fred Astaire Dance Studios | Dance | 3 min walk |
VCA Animal Hospitals | Animal Care/Groom | 4 min walk |
CorePower Yoga | Fitness | 4 min walk |
Barre3 Chicago-West | Fitness | 5 min walk |
Patagonia | Sporting Goods | 5 min walk |
Walgreens | Drug Store | 6 min walk |
FedEx Office | Business/Copy/Postal Services | 6 min walk |
Pure Barre | Fitness | 5 min walk |
MyEyeDr. | Optical | 7 min walk |
Hotels |
|
---|---|
Hyatt House |
200 rooms
6 min walk
|
The Hoxton |
182 rooms
10 min walk
|
Leasing Team
Andrew Macafee, Director of Commercial Leasing
Ross Modjeska, Director of Commercial Leasing
Prior to joining McCaffery, Ross worked in various capacities at Robert K. Futterman & Associates (RKF), now Newmark Knight Frank. At RKF, he was a Leasing Associate and represented landlords and tenants including Citibank, GW Properites, Greenstone Partners, Ascot Properties NYC, Optima Inc. and John Hancock Real Estate, among others. Ross graduated from Indiana University in 2012 with a Bachelor’s degree in communications and culture. Ross is a licensed Real Estate Broker in Illinois an active member of the International Council of Shopping Centers.
Presented by
Twelve01West | 1201 W Lake St
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