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West Loop Office Space Available
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550 W Van Buren St, Chicago, IL

Spacious West Loop office with modern amenities and flexible layout.

Space Size6,679 SF - 21,159 SF
Lot Size0.88 Acres
Days on Market331

Property Features for 550 W Van Buren St

General Information

Standard status Active
Size 6,679 SF - 21,159 SF
Lot size 0.88 Acres
Property subtype OFFICE

Spaces For Lease

at 550 W Van Buren St Contact us

550 W Van Buren St $23/SF/Yr

Floor 12
Size 15,634 SF
Type OFFICE
Availability AVAILABLE, Now
Sublease No
Contact us

550 W Van Buren St $25/SF/Yr

Floor 15
Size 6,679 SF
Type OFFICE
Availability AVAILABLE, Now
Sublease No
Contact us

550 W Van Buren St $24/SF/Yr

Floor 16
Size 9,000 SF
Type OFFICE
Availability AVAILABLE, Now
Sublease No
Contact us

550 W Van Buren St $23/SF/Yr

Floor 2
Size 21,159 SF
Type OFFICE
Availability AVAILABLE, Now
Sublease No
Contact us

550 W Van Buren St $23/SF/Yr

Floor 4
Size 20,667 SF
Type OFFICE
Availability AVAILABLE, Now
Sublease No
Contact us

550 W Van Buren St $23/SF/Yr

Floor 5
Size 20,667 SF
Type OFFICE
Availability AVAILABLE, Now
Sublease No
Contact us

550 W Van Buren St $23/SF/Yr

Floor 6
Size 20,667 SF
Type OFFICE
Availability AVAILABLE, Now
Sublease No
Contact us

550 W Van Buren St $23/SF/Yr

Floor 7
Size 20,667 SF
Type OFFICE
Availability AVAILABLE, Now
Sublease No
Contact us
Listing Agency: Stream Realty Partners | Chicago
Listed By: Benjamin Cleveland
Source: Moodyscre
Added: Nov 24, 2025 Changed: Oct 15 Last Checked: Oct 20 at 10:01PM

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 Stream Realty Partners | Chicago

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This office space, located in Chicago's West Loop, features mostly open floor plans with 9 private exterior offices. The property offers efficient floorplates and mechanical systems designed to accommodate high-bandwidth cabling. The wattage per square foot exceeds industry standards, and the HVAC system is oversized and zoned. The space provides flexibility for future technology upgrades and features column-free floor plates. The building includes a new fitness center, a lounge with a gaming area, and a conference center. Situated adjacent to Union Station, the location is also within a few blocks of two of Chicago's largest food halls, located in Willis Tower and The Old Post Office. The property has a size of 20667 square feet and may be leased separately or together with the 4th floor. The intended use of the property is for office space.

Key Highlights

  • Convenient West Loop Location Adjacent to Union Station
  • New Fitness Center, Lounge with Gaming Area, and Conference Center
  • Column‑Free Floor Plates

Property Analytics

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Current Use

FGM Architects (FGMA) Architecture Firm FedEx Drop Box Postal Service Huron Consulting Group ... Business Management Consultant Credico (USA) LLC Business To Business Service Nationwide Insurance: Crc ... Insurance Agency

Suggested Use

Top Pick Buffet Adult Day Care Nursing Home Tanning Salon Clothing & Fashion Store Butcher

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
$3.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

18,020
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Chicago, IL

$26.82 /SF/Yr
Avg Asking Price
$4.8–$94 /SF/Yr
Price Range
14,677 SF
Avg Space Size

This space is priced 14% below the average of $26.82 /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

Frequently Asked Questions

What type of property is this?
Office unit - Spacious West Loop office with modern amenities and flexible layout.
Where is this office unit located?
The property is located at 550 W Van Buren St Chicago, IL.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: Convenient West Loop Location Adjacent to Union Station; New Fitness Center, Lounge with Gaming Area, and Conference Center; Column‑Free Floor Plates
(312) 848-9440 Call to check price and availability
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