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Modern West Loop Office Sublease
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550 W Jackson Blvd, Chicago, IL 60661

Class A office space in Chicago's vibrant West Loop.

Space Size25,677 SF
Days on Market229

Property Features for 550 W Jackson Blvd

General Information

Standard status Active
Size 25,677 SF
Class A
Property subtype office

Spaces For Lease

at 550 W Jackson Blvd
Available Space Immediate
Floor 2nd
Size 25,677 SF
Type Office
Term Negotiable
Sublease Yes
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Listing Agency: Chicago
Listed By: Clark Evans · License #475.126491
Source: Property.jll
Added: Mar 7 Changed: Oct 15 Last Checked: Oct 20 at 5:30PM

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 Chicago

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Investment Insights

Based on property information with market context.

Located in Chicago’s West Loop, 550 West Jackson offers a modern, Class A sublease. The property provides access to building amenities and is situated steps from Union Station, major CTA routes, and expressway connections. The West Loop neighborhood is known for its growth, creative energy, and culinary scene, with award-winning restaurants, boutique fitness studios, art galleries, and green spaces nearby. The building features a modern fitness center, tenant lounge, conference facilities, bike storage, and 24/7 security. It is wired for high-speed connectivity. Commuting is convenient, with Union Station steps away and easy access via I-90/94, I-290, and multiple CTA lines. The property has a size of 22128 square feet.

Key Highlights

  • Prime West Loop location: Surrounded by award‑winning restaurants, fitness studios, art galleries, and green spaces.
  • Immediate access to Union Station: Provides unmatched commuting convenience for employees and clients.
  • Modern, Class A sublease: Ideal for collaboration and client engagement.

Property Analytics

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Current Use

TransMarket Group Financial Advisor KDM Engineering, LLC Engineering Consultant Berkley Select LLC Financial Advisor 550 W Jackson ... Parking Lot & Garage Eagle Seven Trading Bank

Suggested Use

Top Pick Buffet Adult Day Care Clothing & Fashion Store Nursing Home Florist (Bike/Boat/Book/etc) 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

21,863
Businesses Nearby

Demographics for 60661, IL

11,987
Population
8,049
Households
1.5
Avg Household Size
32
Median Age
88%
College-Educated
99%
High-School Grad
0.3 sq mi
ZIP Area
39,957
Density / Sq Mi
$138,831
Median Household Income
$105,935
Median Earnings
$2,403
Median Rent
$397,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Chicago, IL

$22.55 /SF/Yr
Avg Asking Price
$11–$46 /SF/Yr
Price Range
51,730 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

Frequently Asked Questions

What type of property is this?
Office building - Class A office space in Chicago's vibrant West Loop.
Where is this office building located?
The property is located at 550 W Jackson Blvd Chicago, IL.
What are key features of this property?
This property features: Prime West Loop location: Surrounded by award‑winning restaurants, fitness studios, art galleries, and green spaces.; Immediate access to Union Station: Provides unmatched commuting convenience for employees and clients.; Modern, Class A sublease: Ideal for collaboration and client engagement.
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