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Central Loop Office Space Available
For Lease
$20 SF/Yr

170 W Washington Street #300, Chicago, IL 60602

Furnished and unfurnished office spaces in the Central Loop.

Space SizeContact for details
Days on Market834

Property Features for 170 W Washington Street #300

General Information

Standard status Active

Building Details

Year Built 1871
Listing Agency: LOHAN REALTY, INC.
Listed By: LILIANA LOHAN · License #471014674
Source: Corcoran
Added: Apr 23, 2024 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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 LOHAN REALTY, INC.

Investment Insights

Based on property information with market context.

Located in the Central Loop District, this well-maintained building offers office spaces with options for open floor plans, blank canvases, or fully built-out and furnished configurations. The spaces feature grand timber ceilings exceeding 12 feet, exposed brick, HVAC systems, hardwood floors, multiple-stall washrooms, open work areas, a kitchenette, and elevator access. The building is accessible via security fob. A restaurant is located on the lower level, with numerous other dining options within walking distance. The property is situated near City Hall/County Building, Daley Center, and the Thompson building, which is soon to be occupied by Google. Multiple CTA lines and Millennium Park are steps away, and Union Station is a short walk from the location.

Key Highlights

  • Prime Central Loop location near City Hall, Daley Center, Thompson Building and numerous restaurants.
  • Excellent transportation access: steps from multiple CTA lines and a short walk to Union Station and Millennium Park.
  • Grand timber 12'+ ceilings and exposed brick create a unique and desirable aesthetic.

Property Analytics

Current Use

Chicago Aesthetic Specialists Spa & Massage Center Windy City Mart Big Box & Wholesale Store Champion Mortgage Group Loan Service James White - eClick ... Loan Service Joe Meyers - LeaderOne ... Loan Service

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
$3.00 /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

$27.93 /SF/Yr
Avg Asking Price
$5.5–$133 /SF/Yr
Price Range
13,686 SF
Avg Space Size

This space is priced 28% below the average of $27.93 /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
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Frequently Asked Questions

What type of property is this?
Office units - Furnished and unfurnished office spaces in the Central Loop.
Where is this office units located?
The property is located at 170 W Washington Street #300 Chicago, IL.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Prime Central Loop location near City Hall, Daley Center, Thompson Building and numerous restaurants.; Excellent transportation access: steps from multiple CTA lines and a short walk to Union Station and Millennium Park.; Grand timber 12'+ ceilings and exposed brick create a unique and desirable aesthetic.
More about this property
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