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West Loop Office Condo Opportunity
For Sale
$260,000

216 S Jefferson St, Chicago, IL 60661

Office condo in Chicago's West Loop, suitable for investors/owner-users.

Property Size2,200 SF
Price / SF$118.18
Days on Market158

Property Features for 216 S Jefferson St

General Information

Standard status Active
Size 2,200 SF
Class B
Property subtype Office

Building Details

Building Size 2,200 SF
Year Built 1895
Listing Agency:
Listed By: Christian Peppler
Source: Svn
Added: Mar 5 Changed: Aug 8 Last Checked: Aug 8 at 2:16PM

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.

This 2,200 square foot office condo is available for sale in Chicago’s West Loop neighborhood. The unit presents an opportunity for investors and owner-users seeking a long-term asset in a premier location. The property is located in the 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 and major transportation arteries, including the CTA 'L' trains (Green, Pink, and Blue Lines) and Ogilvie and Union train stations. The property is located 0.2 miles from Union Station and 0.4 miles from Ogilvie Transportation Center, with proximity to I-290 & I-90. The building offers 24-hour access, an intercom and buzzer system for security, and on-site building management. Abundant paid and metered parking is available. The property is zoned DX-7, allowing for a variety of uses.

Key Highlights

  • Premier West Loop location in a highly sought‑after and dynamic neighborhood.
  • Excellent accessibility to the Central Business District and major transportation.
  • Close proximity to Union Station and Ogilvie Transportation Center.

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 (Bike/Boat/Book/etc) Store Buffet Clothing & Fashion Store Adult Day Care Restaurant Nursing Home

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

21,863
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 - Office condo in Chicago's West Loop, suitable for investors/owner-users.
Where is this office units located?
The property is located at 216 S Jefferson St Chicago, IL.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Premier West Loop location in a highly sought‑after and dynamic neighborhood.; Excellent accessibility to the Central Business District and major transportation.; Close proximity to Union Station and Ogilvie Transportation Center.
More about this property
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