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West Loop Office Condo Opportunity
For Sale
$310,000

216 S Jefferson St, Chicago, IL 60661

Move-in ready office condo in Chicago's West Loop.

Property Size2,600 SF
Price / SF$119.23
Days on Market168

Property Features for 216 S Jefferson St

General Information

Standard status Active
Size 2,600 SF
Class B
Property subtype Office

Building Details

Building Size 2,600 SF
Year Built 1895
Listing Agency:
Listed By: Christian Peppler
Source: Svn
Added: Mar 5 Changed: Aug 8 Last Checked: Aug 8 at 6:19AM

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 Christian Peppler

Investment Insights

Based on property information with market context.

This rarely available 2,600 square foot office condo is located in Chicago’s West Loop neighborhood, presenting an opportunity for investors and owner-users seeking a long-term asset. The unit is also available for lease. The property is situated in a dynamic neighborhood known for its transformation from an industrial hub into an urban center. Located west of the Chicago River, it offers accessibility to the Central Business District (the Loop) and major transportation arteries, including the CTA 'L' trains (Green, Pink, and Blue Lines) and Ogilvie and Union train stations. The property is located 0.2 miles from Union Station and 0.4 miles from Ogilvie Transportation Center, with proximity to I-290 & I-90. The unit is move-in-ready and zoned DX-7 for a variety of uses. The building provides 24-hour access, an intercom and buzzed system for security, and on-site building management. Abundant paid and metered parking is available.

Key Highlights

  • Premier West Loop location, highly sought‑after and accessible to the Central Business District.
  • Excellent transportation access: close to CTA 'L' lines, Ogilvie & Union train stations, I‑290 & I‑90.
  • Move‑in‑ready, 2,600 SF office condo.

Property Analytics

Current Use

Prodesign Software Marketing & Advertising Settlement Advisors Financial Advisor Iatse Local 110 Association Or Organization International Cinematographers Guild Advocacy Group Yakkety Yak LLC Advertising Agency

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

25,147
Businesses Nearby

Demographics for 60661, IL

11,987
Population
8,049
Households
1.5
Avg Household Size
32
Median Age
88%
College-Educated
99%
High-School Grad
0.3 sq mi
ZIP Area
39,957
Density / Sq Mi
$138,831
Median Household Income
$105,935
Median Earnings
$2,403
Median Rent
$397,700
Median Home Value

Market

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 units - Move-in ready office condo in Chicago's West Loop.
Where is this office units located?
The property is located at 216 S Jefferson St Chicago, IL.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Premier West Loop location, highly sought‑after and accessible to the Central Business District.; Excellent transportation access: close to CTA 'L' lines, Ogilvie & Union train stations, I‑290 & I‑90.; Move‑in‑ready, **2,600 SF office condo**.
More about this property
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