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Furnished Office Suite
For Lease
$22.50 SF/Yr

55 W wacker Drive #350, Chicago, IL 60601

Move-in ready workspace includes furniture, conference facilities, private offices, and a kitchen for immediate occupancy.

Space Size4,175 SF - 8,175 SF
Days on Market75

Property Features for 55 W wacker Drive #350

General Information

Standard status Active
Size 4,175 SF - 8,175 SF
Net Rentable 4,175 SF
Class B
Total Parking Spaces 1
Lease Type NNN

Space & Availability

Available Space 4,175-8,175 SF
Contiguous Space 8,175 SF
Space Use Office
Condition Move-in Ready
Private Offices 2
Meeting Rooms 1
Furnished Yes

Lease Terms

Lease Rate $22.50 /USD/SF/YR
Monthly Rent $7,828-$15,328
Rent per SF/Year $22.50

Additional Details

Public Transit Yes

Amenities

manned security
on-site property management
banking
signage opportunities
available storage
handicap accessibility
adjacent hotel

Building Details

Year Built 1967
Stories 15
Units 1
Listing Agency: Keller Williams ONEChicago
Listed By: Anthony Hardy · License #475139834
Source: Exit2newbeginningz
Added: Jun 16 Changed: Aug 28 Last Checked: Aug 28 at 11:31AM

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 Keller Williams ONEChicago

Investment Insights

Based on property information with market context.

This 4,175 RSF office suite is furnished and configured for immediate use. The layout provides a reception area, conference room seating for 12, 22 workstations with room to expand, two private offices, a workroom that can be adapted into another office or team room, and a spacious kitchen. Partially lofted ceilings, substantial natural light, and city views add to the interior setting.

Additional contiguous space is available in raw condition, allowing the premises to grow from 4,175 RSF to 8,175 RSF with buildout. The Class B office building was constructed in 1967 and provides manned security, on-site property management, banking, storage availability, signage opportunities, and handicap accessibility. Bus lines and commuter rail are convenient to the building, which is adjacent to a hotel.

Key Highlights

  • 4,175 RSF furnished office suite with reception, conference room, workstations, offices, workroom, and kitchen
  • Conference room accommodates seating for 12; suite includes 22 workstations with room to expand
  • Contiguous raw space allows expansion from 4,175 RSF up to 8,175 RSF

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
$3.38 /SF/Yr
CAM

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

$29.78 /SF/Yr
Avg Asking Price
$7–$133 /SF/Yr
Price Range
14,248 SF
Avg Space Size

This space is priced 24% below the average of $29.78 /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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Move-in ready workspace includes furniture, conference facilities, private offices, and a kitchen for immediate occupancy.
Where is this office units located?
The property is located at 55 W wacker Drive #350 Chicago, IL.
What is the lease rate?
The lease rate is $22.50 SF/Yr.
What are key features of this property?
This property features: 4,175 RSF furnished office suite with reception, conference room, workstations, offices, workroom, and kitchen; Conference room accommodates seating for 12; suite includes 22 workstations with room to expand; Contiguous raw space allows expansion from 4,175 RSF up to 8,175 RSF
More about this property
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