Class A Office
For Lease
Contact for pricing
175 W Jackson Blvd, Chicago, IL
Class A office building with comprehensive amenities and transit-oriented location.
Space Size1,155 SF
Lot Size1.84 Acres
Days on Market290
Property Features for 175 W Jackson Blvd
General Information
Standard status
Active
Size
1,155 SF
Lot size
1.84 Acres
Property subtype
RETAIL
Spaces For Lease
at 175 W Jackson Blvd Contact us- Floor
- 1
- Size
- 1,155 SF
- Type
- RETAIL
- Rate
- Contact for pricing
- Availability
- AVAILABLE, Now
- Sublease
- No
175 W Jackson Blvd
- Now available for lease, retail 175 West Jackson Retail located at 175 W Jackson...
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Contact us
Listing Agency:
Jones Lang LaSalle Americas Inc.
(504) 585-2670
Listed By:
Austin Pye · License #20210200
(630) 624-3529
Source:
Moodyscre
Added: Nov 24, 2025
Changed: Sep 7
Last Checked: Sep 10 at 12:34PM
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 Jones Lang LaSalle Americas Inc.
Investment Insights
Based on property information with market context.
Located in Chicago, IL, 175 West Jackson is a Class A office asset featuring transformative amenity and lobby renovations. The property benefits from a $17.1 million investment in a rooftop deck, tenant lounge, conferencing facilities, and a state-of-the-art fitness center. Over $24 million has been invested in modernizing and amenitizing the building. Spec suites have been implemented on the 14th floor, with tenants valuing move-in ready space and access to amenities. Since 2020, 83% of all new deals completed were spec suites or existing conditions. Constructed spec suites leased within 9 months, reducing downtime of vacant suites. The spec suites are designed to help prospective tenants visualize their new space, with conference rooms, offices, and communal areas. The property provides investors the opportunity to acquire a Class A office asset at a discount to replacement cost. The replacement cost of a similarly well-located asset would be in excess of $780 per RSF, and new developments would require net rents of $66 per RSF, approximately 50% higher than the Property’s current market rents. Trophy office assets in Chicago’s CBD average gross rents of $70 per RSF. The property benefits from superior connectivity and accessibility, steps from the Quincy and LaSalle/Van Buren stations and under 10 minutes to major commuter train stations. The property has a total size of 1418763 square feet.
Key Highlights
- Substantial Discount to Replacement Cost: Acquire a Class A office asset at a significant discount.
- Significant Recent Investment: Over $24 million invested in modernizing and amenitizing the building.
- Successful Spec Suite Implementation: Proven success with spec suites.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
36,134
Businesses Nearby
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Business Placement
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Market
Lease Benchmarks for Chicago, IL
$22.21 /SF/Yr
Avg Asking Price
$11–$46 /SF/Yr
Price Range
42,610 SF
Avg Space Size
Vacancy Rate% for Office in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Office building - Class A office building with comprehensive amenities and transit-oriented location.
Where is this office building located?
The property is located at 175 W Jackson Blvd Chicago, IL.
What are key features of this property?
This property features: Substantial Discount to Replacement Cost: Acquire a Class A office asset at a significant discount.; Significant Recent Investment: Over $24 million invested in modernizing and amenitizing the building.; Successful Spec Suite Implementation: Proven success with spec suites.
