Art Deco Office
For Sale
Contact for pricing
Pending
65 East Wacker Place, Chicago, IL 60601
24-story CBD office building with art deco lobby, masonry exterior, and retail on the first two floors.
Property Size226,420 SF
Lot Size0.23 Acres
Days on Market137
Property Features for 65 East Wacker Place
General Information
Standard status
Pending
Size
226,420 SF
Class
B
Lot size
0.23 Acres
Property subtype
Office
Zoning
DX-16
Occupancy
60%
Building Details
Year Built
1928
Year Renovated
2018
Stories
24
Tenancy
Multi
Listing Agency:
CBRE - Chicago
Listed By:
Blake Johnson · License #IL
Source:
Crexi
Added: Apr 12
Changed: Aug 23
Last Checked: Aug 25 at 7:40PM
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 fee simple sale offers a 24-story, Class B CBD office building built in 1928 on a 0.23-acre site. The property features a reinforced concrete structure with a brick finish and an Art Deco styled lobby. Nearly all improvements are office suites, with retail space occupied by Morton’s Steakhouse on the first and second floors.
The basement level includes storage and mechanical space. The third floor has a tenant fitness center and breakroom, which was completely renovated in 2018. Six full floors are expected to be delivered vacant, and smaller floor plates of approximately 10,000 SF are noted as being well-suited to demand for more flexible space.
The property is positioned between North Wabash and Michigan Avenue, with close access to State/Lake CTA and Millennium Station Metra rail service, plus proximity to the Chicago Water Taxi Stop on Michigan Avenue. The building’s DX-16 designation is described as the best in the city, allowing for a 520-foot non-residential or 440-foot residential tower, and the remarks note potential redevelopment in conjunction with the adjacent Hotel Monaco and Park One garage.
The basement level includes storage and mechanical space. The third floor has a tenant fitness center and breakroom, which was completely renovated in 2018. Six full floors are expected to be delivered vacant, and smaller floor plates of approximately 10,000 SF are noted as being well-suited to demand for more flexible space.
The property is positioned between North Wabash and Michigan Avenue, with close access to State/Lake CTA and Millennium Station Metra rail service, plus proximity to the Chicago Water Taxi Stop on Michigan Avenue. The building’s DX-16 designation is described as the best in the city, allowing for a 520-foot non-residential or 440-foot residential tower, and the remarks note potential redevelopment in conjunction with the adjacent Hotel Monaco and Park One garage.
Key Highlights
- 226,420 SF, 24‑story Class B CBD office building on a 0.23‑acre site in Chicago’s Loop submarket
- Built in 1928 with a reinforced concrete structure, brick finish, and Art Deco styled lobby
- Nearly all office suites plus retail tenants on the first and second floors, including Morton’s Steakhouse
Property Analytics
Property Profile
Current Use
Lease Details
60%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
43,012
Businesses Nearby
Explore this area
Business Placement
Demographics for 60601, IL
15,814
Population
10,727
Households
1.5
Avg Household Size
36
Median Age
86%
College-Educated
95%
High-School Grad
0.4 sq mi
ZIP Area
39,535
Density / Sq Mi
$127,323
Median Household Income
$100,078
Median Earnings
$2,451
Median Rent
$495,400
Median Home Value
Market
Vacancy Rate% for Office in Chicago, IL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - 24-story CBD office building with art deco lobby, masonry exterior, and retail on the first two floors.
Where is this office building located?
The property is located at 65 East Wacker Place Chicago, IL.
What are key features of this property?
This property features: 226,420 SF, 24‑story Class B CBD office building on a 0.23‑acre site in Chicago’s Loop submarket; Built in 1928 with a reinforced concrete structure, brick finish, and Art Deco styled lobby; Nearly all office suites plus retail tenants on the first and second floors, including Morton’s Steakhouse
