Added: Jan 27Changed: Aug 8Last Checked: Apr 5 at 8:54PM
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Investment Insights
Based on property information with market context.
An exceptional leasing opportunity is available at 200 W. Jackson, a 29-story Class A office building in the heart of Chicago’s Loop neighborhood. The space, formerly a Chase Bank branch, offers 4,175 square feet suitable for retail, restaurant, medical office, or service-oriented businesses. The property is located at the northwest corner of the signalized intersection of Jackson and Wells, featuring frontage on both streets. The building was most recently renovated in 2015. The location benefits from strong demographics, with a population exceeding 86,000 and an average household income over $145,000 within a one-mile radius. The property is conveniently located near public transportation, a few blocks from both Union Station and Ogilvie Transportation Center, and steps from the Quincy and LaSalle/Van Buren Brown, Orange, and Pink line stations, as well as the Clinton Blue line station. It is also conveniently located two blocks from Congress Parkway, providing access to the Interstate-90 and Interstate-290 interchange, and less than one mile west of Lake Shore Drive. The building is surrounded by numerous national and local retailers, including Whole Foods, Mariano’s, Chicago’s French Market, Revival Food Hall, Walgreens, CVS/Pharmacy, 7-Eleven, Starbucks, Dunkin’, Chipotle, Chick Fil-A, Shake Shack, Potbelly, Jimmy John’s, and Subway. The building is part of a thriving community and is surrounded by several companies that help drive a daytime employee population of approximately 492,000 people. Current co-tenants include Fed-Ex and Avanti Caffe. Nielsen, Boeing Corporate Offices, CDW, Deloitte, Enova International, Ernst & Young, GrubHub, IBM Chicago Offices, Morningstar, Northern Trust and Walgreen’s Corporate Offices are among the many companies in the surrounding area.
Key Highlights
Prime location in the heart of Chicago's Loop.
High foot traffic area with a daytime employee population of approximately 492,000 people.
Strong demographics with an average household income of $145,000 within a one‑mile radius.
Property Analytics
Property Profile
Current Use
Gittler MarvinLaw FirmCeco IncGeneral ContractorTalution GroupCorporate OfficeLaw Offices of Raymond ...Law FirmThe Law Offices of Brian ...Law Firm
Suggested Use
Top Pick(Bike/Boat/Book/etc) StoreNursing HomeButcherBuffetAdult Day CareClothing & Fashion Store
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
36,134
Businesses Nearby
Explore this area
Business Placement
Demographics for 60606, IL
3,797
Population
3,032
Households
1.3
Avg Household Size
34
Median Age
93%
College-Educated
100%
High-School Grad
0.2 sq mi
ZIP Area
18,985
Density / Sq Mi
$139,148
Median Household Income
$107,490
Median Earnings
$2,535
Median Rent
$366,500
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$25.43 /SF/Yr
Avg Asking Price
$0.92–$80 /SF/Yr
Price Range
7,935 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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Retail space - Class A office building storefront in Chicago's Loop neighborhood.
Where is this retail space located?
The property is located at 200 W Jackson Chicago, IL.
What are key features of this property?
This property features: Prime location in the heart of Chicago's Loop.; High foot traffic area with a daytime employee population of approximately 492,000 people.; Strong demographics with an average household income of $145,000 within a one‑mile radius.