Search
Downtown Office Suite with Conference
For Lease
Contact for pricing

166 W Washington St, Chicago, IL 60602

Office suite features four offices and a conference room, with recent updates including exposed brick and raftered ceilings.

Space Size1,535 SF
Days on Market984

Property Features for 166 W Washington St

General Information

Standard status Active
Size 1,535 SF
Property subtype OFFICE
Lease Type Gross

Spaces For Lease

at 166 W Washington St Contact us

166 W Washington St $11.73/SF/Yr

Floor
5
Size
1,535 SF
Type
OFFICE
Lease Type
GROSS
Availability
AVAILABLE, Now
Sublease
No
- 4 offices, conference room; can be combined with 520 for 2,034 SF - 166 West Washington...
show more
Contact us
Listing Agency: Willard Jones Real Estate
Listed By: Jonathan Zimmerman · License #471009051
Source: Moodyscre
Added: Dec 29, 2023 Changed: Aug 8 Last Checked: Sep 7 at 9:53AM

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.

This downtown office suite includes four offices and a conference room, and it can be combined with suite 520 for a larger space. Recent updates have reactivated exposed brick and raftered ceilings in many suites, adding character to the work environment.

166 W Washington St is described as a boutique, vintage building surrounded by business conveniences, including restaurants, public transportation, and shopping. The building has a small floor plate intended to provide elevator identity for all tenants.

Available as an office unit within the building, this suite offers a compact configuration with dedicated private offices plus a shared conference room for meetings and collaboration.

Key Highlights

  • Office suite with 4 offices plus a conference room
  • Recent updates in many suites reactivated exposed brick and raftered ceilings
  • Small floor plate design provides elevator identity for all tenants

Property Analytics

Current Use

R.A. Grela and Associates, ... Urban Planning Department Michelle Coffey Alternative Medicine Practice Hello Gorgeous Face ... Spa & Massage Center Kevin Grady: Allstate ... Insurance Agency Ventana Partners Ltd Real Estate Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Buffet Adult Day Care Butcher Clothing & Fashion Store 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
$1.76 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

41,763
Businesses Nearby

Demographics for 60602, IL

1,261
Population
551
Households
2.3
Avg Household Size
39
Median Age
49%
College-Educated
97%
High-School Grad
0.1 sq mi
ZIP Area
12,610
Density / Sq Mi
$123,047
Median Household Income
$43,500
Median Earnings
$2,775
Median Rent
$383,300
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$30.01 /SF/Yr
Avg Asking Price
$6–$133 /SF/Yr
Price Range
14,172 SF
Avg Space Size

This space is priced 61% below the average of $30.01 /SF/Yr.

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 units - Office suite features four offices and a conference room, with recent updates including exposed brick and raftered ceilings.
Where is this office units located?
The property is located at 166 W Washington St Chicago, IL.
What is the lease rate?
The lease rate is $11.73 SF/Yr.
What are key features of this property?
This property features: Office suite with 4 offices plus a conference room; Recent updates in many suites reactivated exposed brick and raftered ceilings; Small floor plate design provides elevator identity for all tenants
(312) 263-8787 Call to check price and availability
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