Prime Commercial Space in
For Lease
$45 SF/Yr
550 W Washington Boulevard, Chicago, IL 60661
Modern commercial space with versatile layout in Chicago's vibrant West Loop.
Space Size2,096 SF - 23,818 SF
Property Size372,596 SF
Days on Market251
Property Features for 550 W Washington Boulevard
General Information
Standard status
Active
Size
2,096 SF - 23,818 SF
Class
A
Property subtype
Office
Lease Term
N
Building Details
Building Size
372,596 SF
Year Built
1998
Spaces For Lease
at 550 W Washington Boulevard Contact usSuite 100
Size
2,187 SF
Type
Street Retail
Term
Negotiable
Rate
Contact for pricing
Suite 150
Size
2,096 SF
Type
Street Retail
Term
Negotiable
Rate
Contact for pricing
Suite 200 $45/SF/Yr
Size
23,818 SF
Type
Office Building
Term
Negotiable
Listing Agency:
Bradford Allen - Corporate
Listed By:
Andy DeMoss
(312) 994-5767
Source:
Bradfordallen
Added: Jan 27
Changed: Sep 10
Last Checked: Oct 4 at 7:01AM
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 Bradford Allen - Corporate
Investment Insights
Based on property information with market context.
Located at 550 W Washington Blvd, this commercial property presents a lease opportunity in Chicago's vibrant West Loop. The modern space features a spacious interior with versatile layout options suitable for various business needs. Ample natural light and high ceilings enhance the inviting environment, complemented by customizable floor plans. The property's location provides convenient access to transportation and amenities. The surrounding area is a hub of culinary creativity, trendy boutiques, and cultural hotspots. Restaurant Row, Union Station, and Ogilvie Transportation Center are within a short distance. Tenants can explore Greektown, Randolph Street Market, and Mary Bartelme Park. The property offers a blend of historic charm and modern allure.
Key Highlights
- Prime West Loop location with easy access to Restaurant Row, Union Station, and Ogilvie Transportation Center.
- Modern, well‑appointed commercial space with ample natural light and high ceilings.
- Versatile layout options suitable for various business needs.
Property Analytics
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$6.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
24,887
Businesses Nearby
Explore this area
Business Placement
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
$27.29 /SF/Yr
Avg Asking Price
$4.8–$94 /SF/Yr
Price Range
15,713 SF
Avg Space Size
This space is priced 65% above the average of $27.29 /SF/Yr.
Vacancy Rate% for Office in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Modern commercial space with versatile layout in Chicago's vibrant West Loop.
Where is this office units located?
The property is located at 550 W Washington Boulevard Chicago, IL.
What is the lease rate?
The lease rate is $45 SF/Yr.
What are key features of this property?
This property features: Prime West Loop location with easy access to Restaurant Row, Union Station, and Ogilvie Transportation Center.; Modern, well‑appointed commercial space with ample natural light and high ceilings.; Versatile layout options suitable for various business needs.
