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LEED Platinum Office Building
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550 W Washington Blvd, Chicago, IL 60661

LEED Platinum, Energy Star-labeled office building with 24-hour access, on-site property management, and building signage.

Space SizeContact for details
Property Size9,686 SF
Days on Market1706

Property Features for 550 W Washington Blvd

General Information

Standard status Active
Size 9,686 SF
Property subtype OFFICE

Additional Details

Public Transit Yes

Amenities

24 Hour access
Banking
Bus line
Convenience store
Energy star labeled
Fitness center
LEED certified - Platinum
Metro/subway
Property manager on site
Signage
Listing Agency: CBRE | Chicago
Listed By: Tyler Reaumond
Source: Moodyscre
Added: Dec 2, 2021 Changed: Jul 29 Last Checked: Aug 4 at 2:59AM

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 office building offers 24-hour access, building signage, and on-site property management. The property is Energy Star labeled and LEED certified at the Platinum level.

On-site amenities and nearby services include a fitness center, banking, a convenience store, and access to public transportation via bus lines and metro/subway options.

The building’s office-ready environment is supported by its managed on-site operations and practical access features designed for tenants who need extended hours.

Key Highlights

  • LEED certified—Platinum office building
  • Energy Star‑labeled building
  • 24‑hour access

Property Analytics

Current Use

Cornerstone Solutions Business Management Consultant Co-Optim West Loop Coworking & Hybrid Office SCJ Chicago Coworking & Hybrid Office Les Pannes Industrial Manufacturer 550 West Washington Property Management Company

Suggested Use

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

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

24,887
Businesses Nearby

Demographics for 60661, IL

11,987
Population
8,049
Households
1.5
Avg Household Size
32
Median Age
88%
College-Educated
99%
High-School Grad
0.3 sq mi
ZIP Area
39,957
Density / Sq Mi
$138,831
Median Household Income
$105,935
Median Earnings
$2,403
Median Rent
$397,700
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 - LEED Platinum, Energy Star-labeled office building with 24-hour access, on-site property management, and building signage.
Where is this office building located?
The property is located at 550 W Washington Blvd Chicago, IL.
What are key features of this property?
This property features: LEED certified—Platinum office building; Energy Star‑labeled building; 24‑hour access
(312) 861-7887 Call to check price and availability
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