Listing Agency: CBRE | Chicago k***@cbre.com Show Phone

Listed By: Kyle Kamin Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 23 Last Checked: Aug 22 at 9:19AM

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Investment Insights

Based on property information with market context.

This commercial real estate offering features 15,690 square feet of office space suitable for rent. The property is located at 233 South Wacker Drive, Chicago, IL, 60606.

Key Highlights

• 15,690 square foot office space

Property Analytics

Property Profile

Current Use

sweetgreen Restaurant Calisoff Adam Law Firm National Restaurant Association Association / Organization A Sweet Delivery (Bike/Boat/Book/etc) Store Spector David M Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Adult Day Care Pet Grooming Service Buffet Restaurant

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

31,387

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

$18.64 /SF/Yr

Avg Asking Price

$11–$32.5 /SF/Yr

Price Range

44,505 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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office building - 15,690 square foot office space available for rent.

Where is this office building located?

The property is located at 233 South Wacker Drive Chicago, IL.

What are key features of this property?

This property features: 15,690 square foot office space