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35 W Wacker Dr, Chicago, IL 60601

Efficient office floor plates with up to 12 corner offices per floor and on-site managed security, elevators, and parking garage.

Property Size27,581 SF
Days on Market833

Property Features for 35 W Wacker Dr

General Information

Standard status Active
Size 27,581 SF
Total Parking Spaces 110
Property subtype OFFICE

Amenities

Catch 35 Seafood Restaurant
Starbucks
Convenience 35 Shop
new lobby and tenant lounge (planned)
110-space below grade private parking garage
tenant bike storage
22 high speed passenger elevators
two freight elevators
four shuttle elevators
24/7/365 manned security with CCTV video monitoring
neutral host third party design-installed cellular DAS (Verizon and AT&T)
100% Renewable Electricity
Listing Agency: Cushman & Wakefield - Corporate
Listed By: Andy DeMoss
Source: Moodyscre
Added: Apr 22, 2024 Changed: Jul 26 Last Checked: Aug 1 at 4:08AM

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 Cushman & Wakefield - Corporate

Investment Insights

Based on property information with market context.

This high-rise office sublease opportunity is part of a larger multi-floor building and offers efficient floor plates totaling approximately 25,000 square feet, with up to 12 corner offices per floor. The building includes 22 high-speed passenger elevators, along with two freight elevators and four shuttle elevators for tenant access and circulation. On-site security is provided 24/7/365 with manned security and CCTV video monitoring.

The property is described as featuring open sightlines from Wacker Drive and the Chicago River. Parking is available via a 110-space below-grade private parking garage, with tenant bike storage also included.

Tenant support includes plans underway for a new lobby and tenant lounge. The building is also noted as providing 100% renewable electricity. Neutral host cellular DAS is described as design-installed through Verizon and AT&T, with T-Mobile noted as in negotiation.

Key Highlights

  • Highly‑efficient 25,000 SF office floor plates with up to 12 corner offices per floor
  • Part of a large 350,000+ multi‑floor sublease; divisible if desired
  • 110‑space, below‑grade private parking garage plus tenant bike storage

Property Analytics

Current Use

Welcome to 35 West ... General Contractor Timothy J. Rooney ... Law Firm Christopher B. Essig ... Law Firm Linda Coberly - Winston ... Law Firm Steven J. Gavin ... Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Adult Day Care Buffet Pet Grooming Service Tattoo & Piercing Shop

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

44,183
Businesses Nearby

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

Lease Benchmarks for Chicago, IL

$28.7 /SF/Yr
Avg Asking Price
$6.41–$70 /SF/Yr
Price Range
15,166 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
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Frequently Asked Questions

What type of property is this?
Office units - Efficient office floor plates with up to 12 corner offices per floor and on-site managed security, elevators, and parking garage.
Where is this office units located?
The property is located at 35 W Wacker Dr Chicago, IL.
What are key features of this property?
This property features: Highly‑efficient 25,000 SF office floor plates with up to 12 corner offices per floor; Part of a large 350,000+ multi‑floor sublease; divisible if desired; 110‑space, below‑grade private parking garage plus tenant bike storage
(312) 470-2337 Call to check price and availability
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