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Office Building with Heated Parking
For Lease
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55 W Wacker Dr, Chicago, IL 60601

Office building in downtown Chicago with heated indoor parking and a banking lobby.

Space SizeContact for details
Property Size10,841 SF
Days on Market1107

Property Features for 55 W Wacker Dr

General Information

Standard status Active
Size 10,841 SF
Property subtype OFFICE

Amenities

heated indoor parking
banking lobby
Listing Agency: Avison Young | Chicago
Listed By: Danny Nikitas
Source: Moodyscre
Added: Jul 24, 2023 Changed: Jul 26 Last Checked: Aug 3 at 7:14AM

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 Avison Young | Chicago

Investment Insights

Based on property information with market context.

55 W Wacker is a centrally located office building that offers a banking lobby and heated indoor parking for tenant and visitor convenience.

The property sits on Chicago’s Wacker Drive, with close access to multiple L lines, several bus lines, and nearby Metra stations including Ogilvie, Union, and Millennium. It’s also steps from the River Walk and within walking distance of dining options in the Loop and River North.

With its office-focused lobby amenity and downtown transit accessibility, 55 W Wacker is designed for day-to-day business operations in the heart of Chicago.

Key Highlights

  • Downtown Chicago office building on Wacker Drive, steps from the River Walk
  • Heated indoor parking
  • Banking lobby

Property Analytics

Current Use

Rozman Legal Group, ... Law Firm QSKengines Auto Repair Shop Reflections Of Health Hotel & Motel Saranow Law Group, ... Law Firm Revisions Gym & Fitness Center

Suggested Use

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

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

$18.58 /SF/Yr
Avg Asking Price
$11–$32.5 /SF/Yr
Price Range
42,869 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 building - Office building in downtown Chicago with heated indoor parking and a banking lobby.
Where is this office building located?
The property is located at 55 W Wacker Dr Chicago, IL.
What are key features of this property?
This property features: Downtown Chicago office building on Wacker Drive, steps from the River Walk; Heated indoor parking; Banking lobby
(312) 940-8794 Call to check price and availability
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