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50 E Washington St Chicago, IL 60602

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For Sale
$1,250,000

Move-in ready office condo with city views in Jewelers Row.

Property Features for 50 E Washington St

General Information

Standard status
Active

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Listing Contact
Daniel Hyman
Source: Exprealty

Listing Agency: Millennium Properties RE, Inc. Listing Agent: Daniel Hyman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Turn-Key Office Condo in Chicago

This 12,386 square foot turn-key condominium is located on the northeast corner of Wabash Avenue and Washington Street in Chicago's Jewelers Row District. Situated on the third floor of the historic 21-story Garland Building, constructed in 1914, the suite features high-end finishes and unobstructed views of Lake Michigan, Millennium Park, and the city. The Garland Building contains 259,000 square feet of commercial space and approximately 170 units. The improved unit includes numerous offices, conference rooms, and a kitchen, and is in move-in condition. The space can be easily sub-divided, making it suitable for a user or investor. The property sustains high occupancy levels with stable long-term tenants from the medical, dental, financial, legal, and non-profits sectors. On-site valet parking is available. The East Loop submarket location offers proximity to government buildings, restaurants, shopping, entertainment, and other amenities. It is a few blocks from Millennium Park and has easy access to public transportation, parking, and expressways. This location benefits from high traffic and foot counts. There is also the potential for SBA financing.
Location Intelligence

Current Use by Public Records

Dynamic Solutions Group ... Computer Support And Services Hair Transplant Chicago Doctor Daley Plaza Government Office christmas market Market City Market at Daley ... Fresh Food Market

Suggested Use

Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6301906
Latitude
41.8840894

FAQs

What type of property is this?
Office space - Move-in ready office condo with city views in Jewelers Row.
Where is this office space located?
The property is located at 50 E Washington St Chicago, IL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: - Incredible unobstructed views of Lake Michigan, Millennium Park, and the city.; - Turn-key condition with **high-end finishes**, numerous offices, conference rooms, and a kitchen.; - Potential for SBA financing with low interest rates and favorable terms.
More about this property
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