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Office Building with Individual HVAC
For Lease
$18 SF/Yr

226 S Wabash, Chicago, IL 60604

Office building in Chicago’s East Loop with efficient floor plates, natural light, and individual HVAC controls.

Days on Market81

Property Features for 226 S Wabash

General Information

Standard status Active
Property subtype Office - General Office

Amenities

individual HVAC controls

Building Details

Year Built 1932
Listing Agency: Willard Jones Real Estate
Listed By: Jonathan Zimmerman · License #471009051
Source: Commercialcafe
Added: May 14 Changed: Jul 23 Last Checked: Aug 2 at 4:07AM

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 Willard Jones Real Estate

Investment Insights

Based on property information with market context.

226 S Wabash is an office building offering efficient floor plates and great natural light facing Wabash. The building also features individual HVAC controls, supporting more tailored climate control within the space.

Set in Chicago’s East Loop, the property provides access to Grant and Millennium Parks and is described as minutes from the heavy foot traffic of Michigan Avenue. It also offers adjacency to multiple transportation options, including the Pedway, CTA buses and trains, Metra, and nearby public parking garages.

The location is also within walking distance of prominent civic and commercial destinations including the Thompson Center, Daley Center, City Hall, Prudential Plaza, and federal and county courts. The building’s positioning “right off” historic U.S. Route 66 is noted in the remarks.

Key Highlights

  • 1932‑built office building in Chicago’s East Loop
  • Efficient floor plates
  • Great natural light facing Wabash

Property Analytics

Current Use

Jiu-Jitsu Institute Inc Training Center John Norwood Lee ... (Bike/Boat/Book/etc) Store Urban Alliance Chicago Charitable Organization Bloom School of Jazz High School

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Butcher Adult Day Care Buffet Tanning Salon

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

Lease Details

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

32,903
Businesses Nearby

Demographics for 60604, IL

897
Population
510
Households
1.8
Avg Household Size
34
Median Age
96%
College-Educated
98%
High-School Grad
0.1 sq mi
ZIP Area
8,970
Density / Sq Mi
$77,806
Median Household Income
$54,030
Median Earnings
$2,500
Median Rent
$577,700
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$23.25 /SF/Yr
Avg Asking Price
$16–$32.5 /SF/Yr
Price Range
112,327 SF
Avg Space Size

This space is priced 23% below the average of $23.25 /SF/Yr.

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 building - Office building in Chicago’s East Loop with efficient floor plates, natural light, and individual HVAC controls.
Where is this office building located?
The property is located at 226 S Wabash Chicago, IL.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 1932‑built office building in Chicago’s East Loop; Efficient floor plates; Great natural light facing Wabash
More about this property
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