West Loop Office Space
For Lease
Contact for pricing
550 W Van Buren St, Chicago, IL
Spacious West Loop office with modern amenities and flexible layout.
Space Size6,679 SF - 21,159 SF
Lot Size0.88 Acres
Days on Market595
Property Features for 550 W Van Buren St
General Information
Standard status
Active
Size
6,679 SF - 21,159 SF
Lot size
0.88 Acres
Property subtype
OFFICE
Spaces For Lease
at 550 W Van Buren St Contact us- Floor
- 15
- Size
- 6,679 SF
- Type
- OFFICE
- Availability
- AVAILABLE, Now
- Sublease
- No
550 W Van Buren St $25/SF/Yr
- Floor
- 16
- Size
- 9,000 SF
- Type
- OFFICE
- Availability
- AVAILABLE, Now
- Sublease
- No
550 W Van Buren St $24/SF/Yr
- Floor
- 2
- Size
- 21,159 SF
- Type
- OFFICE
- Availability
- AVAILABLE, Now
- Sublease
- No
550 W Van Buren St $23/SF/Yr
- Floor
- 4
- Size
- 20,667 SF
- Type
- OFFICE
- Availability
- AVAILABLE, Now
- Sublease
- No
550 W Van Buren St $23/SF/Yr
- Floor
- 5
- Size
- 20,667 SF
- Type
- OFFICE
- Availability
- AVAILABLE, Now
- Sublease
- No
550 W Van Buren St $23/SF/Yr
- Floor
- 6
- Size
- 20,667 SF
- Type
- OFFICE
- Availability
- AVAILABLE, Now
- Sublease
- No
550 W Van Buren St $23/SF/Yr
- Floor
- 7
- Size
- 20,667 SF
- Type
- OFFICE
- Availability
- AVAILABLE, Now
- Sublease
- No
550 W Van Buren St $23/SF/Yr
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Listing Agency:
Stream Realty Partners | Chicago
(708) 667-8800
Listed By:
Benjamin Cleveland
(312) 848-9440
Source:
Moodyscre
Added: Jan 24, 2025
Changed: Sep 3
Last Checked: Sep 11 at 8:16AM
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 Stream Realty Partners | Chicago
Investment Insights
Based on property information with market context.
This office space, located in Chicago's West Loop, features mostly open floor plans with 9 private exterior offices. The property offers efficient floorplates and mechanical systems designed to accommodate high-bandwidth cabling. The wattage per square foot exceeds industry standards, and the HVAC system is oversized and zoned. The space provides flexibility for future technology upgrades and features column-free floor plates. The building includes a new fitness center, a lounge with a gaming area, and a conference center. Situated adjacent to Union Station, the location is also within a few blocks of two of Chicago's largest food halls, located in Willis Tower and The Old Post Office. The property has a size of 20667 square feet and may be leased separately or together with the 4th floor. The intended use of the property is for office space.
Key Highlights
- Convenient West Loop Location Adjacent to Union Station
- New Fitness Center, Lounge with Gaming Area, and Conference Center
- Column‑Free Floor Plates
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
18,020
Businesses Nearby
Explore this area
Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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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 17% below the average of $30.01 /SF/Yr.
Vacancy Rate% for Office in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Spacious West Loop office with modern amenities and flexible layout.
Where is this office units located?
The property is located at 550 W Van Buren St Chicago, IL.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Convenient West Loop Location Adjacent to Union Station; New Fitness Center, Lounge with Gaming Area, and Conference Center; Column‑Free Floor Plates
