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West Loop Office Condos For Sale
For Sale
$695,000

216 S Jefferson St LL2 LL3 LL4, Chicago, IL 60661

Three office condos in Chicago's West Loop neighborhood.

Property Size5,900 SF
Price / SF$117.80
Days on Market205

Property Features for 216 S Jefferson St LL2 LL3 LL4

General Information

Standard status Active
Size 5,900 SF
Class B
Property subtype Office

Building Details

Building Size 5,900 SF
Year Built 1895
Listing Agency:
Listed By: Christian Peppler
Source: Svnchicago
Added: Jan 27 Changed: Aug 8 Last Checked: Aug 20 at 5:05AM

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 Christian Peppler

Investment Insights

Based on property information with market context.

Three office condos are available for sale in Chicago’s West Loop neighborhood, offering opportunities for investors and owner-users seeking a long-term asset in a prime location. The three units total 5900 square feet, with individual sizes ranging from 1,100 to 2,600 square feet. This offering provides investors an accessible entry point into the West Loop’s office market, while allowing owner-users to avoid rising lease costs and build equity in an excellent location. The existing layouts are approximately 75% open, featuring a mix of private offices and conference rooms. The spaces are move-in ready and can be easily reconfigured for various uses. The property provides a secure environment with 24-hour access, a state-of-the-art intercom and buzzed entry system, and on-site building management. Abundant paid and metered parking options are available. The property is located in Chicago's West Loop, a dynamic neighborhood known for its transformation from an industrial hub into an urban center. Situated just west of the Chicago River, it offers accessibility to the Central Business District (the Loop) and major transportation arteries, including the CTA 'L' trains (Green, Pink, and Blue Lines) and Ogilvie and Union train stations. It is located 0.2 miles from Union Station and 0.4 miles from Ogilvie Transportation Center, with proximity to I-290 & I-90. The property is zoned DX-7 for a myriad of uses.

Key Highlights

  • Premier West Loop location offers excellent accessibility to the Central Business District and major transportation.
  • Opportunity for investors and owner‑users to secure a long‑term asset in a historically strong office market.
  • Move‑in ready spaces with flexible layouts that can be easily reconfigured.

Property Analytics

Current Use

Prodesign Software Marketing & Advertising Settlement Advisors Financial Advisor Iatse Local 110 Association Or Organization International Cinematographers Guild Advocacy Group Yakkety Yak LLC Advertising Agency

Suggested Use

Top Pick Nursing Home Buffet Clothing & Fashion Store Adult Day Care Tanning Salon Auto Parts 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.

Location Intelligence

Trade Area within ½ mile

24,887
Businesses Nearby

Demographics for 60661, IL

11,987
Population
8,049
Households
1.5
Avg Household Size
32
Median Age
88%
College-Educated
99%
High-School Grad
0.3 sq mi
ZIP Area
39,957
Density / Sq Mi
$138,831
Median Household Income
$105,935
Median Earnings
$2,403
Median Rent
$397,700
Median Home Value

Market

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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Frequently Asked Questions

What type of property is this?
Office units - Three office condos in Chicago's West Loop neighborhood.
Where is this office units located?
The property is located at 216 S Jefferson St LL2 LL3 LL4 Chicago, IL.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Premier West Loop location offers excellent accessibility to the Central Business District and major transportation.; Opportunity for investors and owner‑users to secure a long‑term asset in a historically strong office market.; Move‑in ready spaces with flexible layouts that can be easily reconfigured.
More about this property
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