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Premier Office Space in The Loop
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1 South Dearborn Street, Chicago, IL 60603

Trophy office building with modern amenities in Chicago's Loop.

Space SizeContact for details
Days on Market271

Property Features for 1 South Dearborn Street

General Information

Standard status Active
Property subtype Office
Listing Agency: CBRE | Chicago
Listed By: Kelsey Scheive
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 15 Last Checked: Aug 20 at 12:33PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Chicago

Investment Insights

Based on property information with market context.

One South Dearborn is a trophy building located in the heart of The Loop, offering a combination of professional service, attention to detail, and technology. The building features 26,500 square foot rectangular floor plates designed for efficiency, with column-free 42-foot spans. Amenities include private on-site parking, a recently upgraded club-quality Wellness and Fitness Center programmed by Kinema Fitness, as well as a tenant lounge and conference facility. The property is located steps from all CTA lines and an 8-minute walk to Ogilvie and Union Stations, providing convenient commuting options. The property contains 60,128 square feet of office space.

Key Highlights

  • Prime Loop location with exceptional access to all CTA lines.
  • Private on‑site parking.
  • Recently upgraded, club‑quality Wellness and Fitness Center programmed by Kinema Fitness.

Property Analytics

Current Use

sweetgreen Restaurant Myers Erin K Law Firm Sexton Steve Law Firm Douglas Charles W Law Firm Pinsel Michael J Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Adult Day Care Buffet Clothing & Fashion Store Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

37,490
Businesses Nearby

Demographics for 60603, IL

1,288
Population
984
Households
1.3
Avg Household Size
38
Median Age
92%
College-Educated
100%
High-School Grad
0.1 sq mi
ZIP Area
12,880
Density / Sq Mi
$128,107
Median Household Income
$86,484
Median Earnings
$2,104
Median Rent
$608,100
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$18.64 /SF/Yr
Avg Asking Price
$11–$32.5 /SF/Yr
Price Range
44,505 SF
Avg Space Size

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Trophy office building with modern amenities in Chicago's Loop.
Where is this office building located?
The property is located at 1 South Dearborn Street Chicago, IL.
What are key features of this property?
This property features: Prime Loop location with exceptional access to all CTA lines.; Private on‑site parking.; Recently upgraded, club‑quality Wellness and Fitness Center programmed by Kinema Fitness.
More about this property
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