Historic Office
For Lease
Contact for pricing
218 S Wabash Ave, Chicago, IL 60604
Updated lobby and large windows bring natural light to efficient floor plates.
Space Size1,073 SF - 7,622 SF
Property Size27,814 SF
Days on Market2933
Property Features for 218 S Wabash Ave
General Information
Standard status
Active
Size
1,073 SF - 7,622 SF
Class
C
Property subtype
Office
Lease Type
Modified Gross
Additional Details
Public Transit
Yes
Amenities
updated lobby
new windows
efficient floor plates
Building Details
Building Size
27,814 SF
Year Built
1899
Tenancy
Multiple
Spaces For Lease
at 218 S Wabash Ave Contact us- Size
- 3,724 SF
- Type
- Office
- Lease Type
- Modified Gross
- Availability
- Active
Suite 450
- Size
- 1,073 SF
- Type
- Office
- Lease Type
- Modified Gross
- Availability
- Active
Suite 690
- Size
- 7,622 SF
- Type
- Office
- Availability
- Active
Suite 800
Listing Agency:
Willard Jones Real Estate
Listed By:
Jonathan Zimmerman · License #IL 471009051
(312) 263-8787
Source:
Crexi
Added: Aug 27, 2018
Changed: Sep 2
Last Checked: Sep 1 at 7:45AM
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.
Built in 1899, this office property combines historic loft character with contemporary improvements. The building features a refreshed lobby, expansive new windows facing Wabash Avenue, and efficient floor plates suited to small- and midsize occupants.
The property is positioned in Chicago’s East Loop at 218 S Wabash Ave, near Grant Park and Millennium Park and within walking distance of Michigan Avenue. Multiple transportation options serve the area, including the Pedway, CTA bus and rail service, and Metra. Public parking garages are also located nearby, along with the Thompson Center, Daley Center, City Hall, Prudential Plaza, and federal and county courts.
The property is positioned in Chicago’s East Loop at 218 S Wabash Ave, near Grant Park and Millennium Park and within walking distance of Michigan Avenue. Multiple transportation options serve the area, including the Pedway, CTA bus and rail service, and Metra. Public parking garages are also located nearby, along with the Thompson Center, Daley Center, City Hall, Prudential Plaza, and federal and county courts.
Key Highlights
- Office building constructed in 1899
- Updated lobby and expansive new windows
- Efficient floor plates for small- and midsize tenants
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
32,903
Businesses Nearby
Explore this area
Business Placement
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
$29.6 /SF/Yr
Avg Asking Price
$6–$133 /SF/Yr
Price Range
14,766 SF
Avg Space Size
This space is priced 26% below the average of $29.6 /SF/Yr.
Vacancy Rate% for Office in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Updated lobby and large windows bring natural light to efficient floor plates.
Where is this office units located?
The property is located at 218 S Wabash Ave Chicago, IL.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Office building constructed in 1899; Updated lobby and expansive new windows; Efficient floor plates for small- and midsize tenants
