Wacker Drive Office Space
For Lease
$27 SF/Yr
125 South Wacker Drive, Chicago, IL 60606
Office building with tenant lounge, fitness center, and conference center.
Space SizeContact for details
Days on Market149
Property Features for 125 South Wacker Drive
General Information
Standard status
Active
Property subtype
Office
Listing Agency:
CBRE | Chicago
(312) 935-1045
Listed By:
Kelsey Morgan
(312) 935-1045
Source:
Cbre
Added: Mar 25
Changed: Aug 8
Last Checked: Aug 8 at 12:06PM
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.
This commercial real estate property, primarily purposed for office use, features a recently renovated lobby and exterior facade (2019). The building provides a concierge service. It includes a four-season tenant lounge with operable windows, a fitness center with on-demand classroom, and a conference center. The property has a total rentable building area of 527,990 square feet distributed across 31 floors. The estimated taxes are $8.89 per square foot (2020), operating expenses are $10.59 per square foot (2020), and total expenses are $19.47 per square foot (2020). The property offers 71,139 square feet for rent.
Key Highlights
- Newly renovated lobby and exterior façade (2019) providing a modern and welcoming entrance.
- Robust amenity package including a four‑season tenant lounge, fitness center with on‑demand classroom, and conference center.
- Concierge service in the lobby offering a personalized welcome to visitors.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.05 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
34,213
Businesses Nearby
Explore this area
Business Placement
Demographics for 60606, IL
3,797
Population
3,032
Households
1.3
Avg Household Size
34
Median Age
93%
College-Educated
100%
High-School Grad
0.2 sq mi
ZIP Area
18,985
Density / Sq Mi
$139,148
Median Household Income
$107,490
Median Earnings
$2,535
Median Rent
$366,500
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
This space is priced 45% above the average of $18.64 /SF/Yr.
Vacancy Rate% for Office in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Office building - Office building with tenant lounge, fitness center, and conference center.
Where is this office building located?
The property is located at 125 South Wacker Drive Chicago, IL.
What is the lease rate?
The lease rate is $27 SF/Yr.
What are key features of this property?
This property features: Newly renovated lobby and exterior façade (2019) providing a modern and welcoming entrance.; Robust amenity package including a four‑season tenant lounge, fitness center with on‑demand classroom, and conference center.; Concierge service in the lobby offering a personalized welcome to visitors.
