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West Loop Office Condo For Sale
For Sale
$260,000

216 S Jefferson St, Chicago, IL 60661

Rare West Loop office condo, ideal for investors or owner-users.

Property Size2,200 SF
Price / SF$185.71
Days on Market163

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: SVN | Chicago Commercial
Listed By: Christian Peppler · License #475152802
Source: Svn
Added: Mar 27 Changed: Sep 4 Last Checked: Sep 4 at 5:41AM

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 SVN | Chicago Commercial

Investment Insights

Based on property information with market context.

This office condo for sale is located in Chicago’s West Loop neighborhood. The loft office space features a mix of private offices and open areas. The layout includes 3 private offices, a conference room, reception area, storage space, and a kitchenette. The unit is move-in-ready and offers east-facing views providing natural light. 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 neighborhood known for its transformation from an industrial hub into a vibrant 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. 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 unit provides an opportunity for both investors and owner-users looking to secure a long-term asset in a premier location. The property size is 1400 square feet.

Key Highlights

  • Premier West Loop location, highly sought‑after neighborhood.
  • Excellent accessibility to transportation: CTA 'L' trains, Ogilvie & Union Stations, I‑290 & I‑90.
  • Move‑in‑ready loft office space with efficient mix of private offices and open area.

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

25,147
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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Rare West Loop office condo, ideal for investors or 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, highly sought‑after neighborhood.; Excellent accessibility to transportation: CTA 'L' trains, Ogilvie & Union Stations, I‑290 & I‑90.; Move‑in‑ready loft office space with efficient mix of private offices and open area.
More about this property
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