Search
Art Deco Office Building with Food Hall
For Lease
Contact for pricing

205 West Wacker Drive, Chicago, IL 60606

23-story Art Deco office building built in 1929 with Chicago River views and a 10-vendor first-floor food hall.

Space SizeContact for details
Days on Market31

Property Features for 205 West Wacker Drive

General Information

Standard status Active
Property subtype Office

Amenities

river views
Merchandise Mart views
skyline views
Wells Street Market food hall

Building Details

Year Built 1929
Stories 23
Construction Art Deco
Listing Agency: CBRE | Chicago
Listed By: Jason Houze
Source: Cbre
Added: Jul 24 Changed: Aug 14 Last Checked: Aug 22 at 12:13PM

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.

Originally built in 1929, 205 W Wacker is a 23-story Art Deco office building totaling about 265,000 square feet. The building overlooks the Chicago River and is positioned for views toward the Merchandise Mart and the skyline north of the river.

In addition to office space, the 1st floor includes the Wells Street Market, a food hall developed by the current ownership featuring 10 vendors.

Key Highlights

  • Built in 1929, this 23‑story Art Deco office building totals 265,000 SF.
  • Property overlooks the Chicago River with views north toward the Merchandise Mart and the skyline.
  • 1st‑floor Wells Street Market food hall features 10 vendors.

Property Analytics

Current Use

Accelerate Built Environments Interior Design DealRoom (Bike/Boat/Book/etc) Store Expense Tracking Software ... (Bike/Boat/Book/etc) Store Patricia Hurley & Associates Financial Advisor Olenick (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Buffet Adult Day Care Clothing & Fashion Store Pet Grooming Service Restaurant

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

Location Intelligence

Trade Area within ½ mile

43,367
Businesses Nearby

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

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
Rey
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 - 23-story Art Deco office building built in 1929 with Chicago River views and a 10-vendor first-floor food hall.
Where is this office building located?
The property is located at 205 West Wacker Drive Chicago, IL.
What are key features of this property?
This property features: Built in 1929, this 23‑story Art Deco office building totals 265,000 SF.; Property overlooks the Chicago River with views north toward the Merchandise Mart and the skyline.; 1st‑floor Wells Street Market food hall features 10 vendors.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message