Building Details

Year Built 1967

Listing Agency: COLDWELL BANKER REALTY Show Phone

Listed By: KEVIN SULLIVAN Show Phone

Source: Corcoran

Added: Oct 6 Changed: Oct 7 Last Checked: Oct 7 at 2:42PM

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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 COLDWELL BANKER REALTY

Investment Insights

Based on property information with market context.

Office space at 55 W Wacker Drive offers full-floor presence and configurations ranging from 2,000 to 14,000 RSF. Floor-to-ceiling windows provide views of the Chicago River, and the property was built in 1967.

The address is near the Daley Center, Cook County Courts, City Hall, the Theater District, and riverfront dining. Transit options include the Clark/Lake CTA hub and nearby Metra stations.

Key Highlights

• Flexible office configurations from 2,000 to 14,000 RSF
• Full‑floor office presence with floor‑to‑ceiling Chicago River views
• Near the Clark/Lake CTA hub and Metra stations

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

$3.30 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

44,183

Businesses Nearby

Explore this area Business Placement

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

$27.29 /SF/Yr

Avg Asking Price

$4.8–$94 /SF/Yr

Price Range

15,713 SF

Avg Space Size

This space is priced 19% below the average of $27.29 /SF/Yr.

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

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this office units located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office units - Office configurations offer flexibility for firms seeking river views in Chicago’s Loop.

Where is this office units located?

The property is located at 55 W wacker Drive #1401 Chicago, IL.

What is the lease rate?

The lease rate is $22 SF/Yr.

What are key features of this property?

This property features: Flexible office configurations from 2,000 to 14,000 RSF; Full‑floor office presence with floor‑to‑ceiling Chicago River views; Near the Clark/Lake CTA hub and Metra stations