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Lofted Office Space in Loop
For Lease
$20 SF/Yr

170 W Washington Street #200, Chicago, IL 60602

Furnished office space in the heart of Chicago's Central Loop.

Space SizeContact for details
Days on Market869

Property Features for 170 W Washington Street #200

General Information

Standard status Active

Building Details

Year Built 1871
Listing Agency: LOHAN REALTY, INC.
Listed By: LILIANA LOHAN · License #471014674
Source: Corcoran
Added: Apr 23, 2024 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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 LOHAN REALTY, INC.

Investment Insights

Based on property information with market context.

This well-maintained boutique building offers lofted and furnished office space. The space features grand timber ceilings exceeding 12 feet, exposed brick, HVAC, and hardwood floors. Modern bathrooms are included, along with a conference room, private offices, open work spaces, a kitchenette, and elevator access. Located in the Central Loop District, the property is near the City Hall/County Building, The Daley Center, and the Thompson building, which is slated to be occupied by Google. A restaurant is located on the lower level, with numerous other dining options within walking distance. Multiple CTA lines and Millennium Park are easily accessible, and Union Station is a short walk away. The space is available fully furnished, or can be customized. Additional space is available on the 3rd and 4th floors.

Key Highlights

  • Furnished lofted office space ready for immediate occupancy.
  • Prime Central Loop location near City Hall, Daley Center, and future Google offices.
  • Grand timber 12'+ ceilings and exposed brick create a unique office environment.

Property Analytics

Current Use

Chicago Aesthetic Specialists Spa & Massage Center Windy City Mart Big Box & Wholesale Store Champion Mortgage Group Loan Service James White - eClick ... Loan Service Joe Meyers - LeaderOne ... Loan Service

Suggested Use

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

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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

41,763
Businesses Nearby

Demographics for 60602, IL

1,261
Population
551
Households
2.3
Avg Household Size
39
Median Age
49%
College-Educated
97%
High-School Grad
0.1 sq mi
ZIP Area
12,610
Density / Sq Mi
$123,047
Median Household Income
$43,500
Median Earnings
$2,775
Median Rent
$383,300
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$30.01 /SF/Yr
Avg Asking Price
$6–$133 /SF/Yr
Price Range
14,172 SF
Avg Space Size

This space is priced 33% below the average of $30.01 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Furnished office space in the heart of Chicago's Central Loop.
Where is this office units located?
The property is located at 170 W Washington Street #200 Chicago, IL.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Furnished lofted office space ready for immediate occupancy.; Prime Central Loop location near City Hall, Daley Center, and future Google offices.; Grand timber 12'+ ceilings and exposed brick create a unique office environment.
More about this property
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