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Efficient Office Floor Plates with Corner Offices
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35 W Wacker Dr, Chicago, IL 60601

Highly efficient office floor plates with up to corner offices, plus a below-grade private parking garage and 24/7 security.

Property Size27,362 SF
Days on Market833

Property Features for 35 W Wacker Dr

General Information

Standard status Active
Size 27,362 SF
Property subtype OFFICE
Listing Agency: Cushman & Wakefield - Corporate
Listed By: Andy DeMoss
Source: Moodyscre
Added: Apr 22, 2024 Changed: Jul 30 Last Checked: Aug 1 at 7:41AM

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 Cushman & Wakefield - Corporate

Investment Insights

Based on property information with market context.

This office space is part of a larger 350,000+ multi-floor sublease and can be divisible if desired. The building offers highly-efficient floor plates of 25,000 SF, with up to 12 corner offices per floor. Plans are underway for a new lobby and tenant lounge.

On-site amenities include a 110-space, below-grade, private parking garage and tenant bike storage. The property is served by 22 high-speed passenger elevators, plus two freight elevators and four shuttle elevators. Operations include 24/7/365 manned security with CCTV video monitoring, and 100% renewable electricity.

Connectivity features include a neutral host, third-party design-installed cellular DAS with Verizon and AT&T, with T-Mobile in negotiation. The setting is described as prominent, with an open character provided by Wacker Drive and the Chicago River.

Key Highlights

  • Highly‑efficient 25,000 SF floor plates with up to 12 corner offices per floor
  • Part of a larger 350,000+ multi‑floor sublease, divisible if desired
  • 110‑space, below‑grade private parking garage plus tenant bike storage

Property Analytics

Current Use

Welcome to 35 West ... General Contractor Timothy J. Rooney ... Law Firm Christopher B. Essig ... Law Firm Linda Coberly - Winston ... Law Firm Steven J. Gavin ... Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Adult Day Care Buffet Pet Grooming Service Tattoo & Piercing Shop

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

44,183
Businesses Nearby

Demographics for 60601, IL

15,814
Population
10,727
Households
1.5
Avg Household Size
36
Median Age
86%
College-Educated
95%
High-School Grad
0.4 sq mi
ZIP Area
39,535
Density / Sq Mi
$127,323
Median Household Income
$100,078
Median Earnings
$2,451
Median Rent
$495,400
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$23.25 /SF/Yr
Avg Asking Price
$16–$32.5 /SF/Yr
Price Range
112,327 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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Frequently Asked Questions

What type of property is this?
Office building - Highly efficient office floor plates with up to corner offices, plus a below-grade private parking garage and 24/7 security.
Where is this office building located?
The property is located at 35 W Wacker Dr Chicago, IL.
What are key features of this property?
This property features: Highly‑efficient 25,000 SF floor plates with up to 12 corner offices per floor; Part of a larger 350,000+ multi‑floor sublease, divisible if desired; 110‑space, below‑grade private parking garage plus tenant bike storage
(312) 470-2337 Call to check price and availability
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