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Riverfront Office Building
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55 W Wacker Dr, Chicago, IL 60601

Centrally located office building on Wacker Drive with heated indoor parking and a banking lobby.

Space SizeContact for details
Property Size2,890 SF
Days on Market1107

Property Features for 55 W Wacker Dr

General Information

Standard status Active
Size 2,890 SF
Property subtype OFFICE

Amenities

Heated indoor parking
Banking lobby
Listing Agency: Avison Young | Chicago
Listed By: Danny Nikitas
Source: Moodyscre
Added: Jul 24, 2023 Changed: Jul 28 Last Checked: Aug 3 at 12:45PM

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 Avison Young | Chicago

Investment Insights

Based on property information with market context.

55 W Wacker is a centrally located office building on Chicago’s Wacker Drive, offering office spaces with heated indoor parking and a dedicated banking lobby. The building also features views described as both river and city.

The property is positioned steps from the River Walk and within easy access to the Loop and River North. It also benefits from close connections to multiple L lines, several bus lines, and nearby Metra stations including Ogilvie, Union, and Millennium.

For tenants seeking an office address with convenient downtown transit access and indoor parking, 55 W Wacker provides a straightforward, centrally oriented setup.

Key Highlights

  • Centrally located office building on Chicago’s Wacker Drive
  • Heated indoor parking
  • Banking lobby

Property Analytics

Current Use

Rozman Legal Group, ... Law Firm QSKengines Auto Repair Shop Reflections Of Health Hotel & Motel Saranow Law Group, ... Law Firm Revisions Gym & Fitness Center

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Buffet Pet Grooming Service Adult Day Care Clothing & Fashion 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.

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

$27.93 /SF/Yr
Avg Asking Price
$5.5–$133 /SF/Yr
Price Range
13,686 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 units - Centrally located office building on Wacker Drive with heated indoor parking and a banking lobby.
Where is this office units located?
The property is located at 55 W Wacker Dr Chicago, IL.
What are key features of this property?
This property features: Centrally located office building on Chicago’s Wacker Drive; Heated indoor parking; Banking lobby
(312) 940-8794 Call to check price and availability
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