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    145 Wl Chicago Chicago, IL 60606

    Sponsored
    For Lease
    Contact for pricing

    Downtown Chicago Offices Available Now

    Lot size:
    206,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional office property at 145 S Wells in Chicago's vibrant downtown offers a variety of flexible spaces ideal for businesses of all sizes. Located in Cook County, Illinois, this 206,000 square foot building boasts a blend of traditional and executive office suites. Currently, there are 3,758 square feet of vacant space available, divisible into units ranging from a minimum of 925 square feet to a maximum contiguous space of 1,635 square feet. The building is perfect for businesses seeking multiple tenancy options. The property underwent a complete renovation in 2018, ensuring modern amenities and a high-quality workspace. Its central location in the 60606 zip code provides unparalleled access to public transportation, major thoroughfares, and a wealth of dining and entertainment options. This is a unique opportunity to secure premium office space in one of Chicago's most desirable business districts. The building's multiple tenancy structure allows for adaptability to various business needs, making it an attractive option for companies seeking both flexibility and a prestigious address. The recently renovated interior offers a modern and efficient work environment, enhancing productivity and employee satisfaction. Don't miss this chance to establish your business in this thriving location. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 145 Wl Chicago

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    206,000 SF

    Building Details

    Year Renovated
    2018

    Unit(s) available at that property

    Space
    Retail B
    Size
    925 SF
    Space
    Retail A
    Size
    1,198 SF
    Space
    Retail C
    Size
    1,635 SF

    HighLights

    • Retail space available at the base of a new 206,000 SF boutique loft office building.
    • Up to 4,000 SF of retail space available, divisible to suit.
    • Prime Loop location near hotels, offices (one block from Willis Tower), and residential areas.
    • Strong co‑tenancy with Starbucks, Walgreens, Paul Stewart, CVS, Corner Bakery, and Brooks Brothers.
    • One‑minute walk to the Quincy/Wells CTA 'L' station (2.1 million annual riders), renovated in 2018.
    • Steps from a CTA bus stop serving 10 routes, connecting to Union Station and LaSalle Street Metra.
    Property Profile Location Intelligence

    Current Use by Public Records

    145 South Wells Office Space Rental Agency Reveal Data Software Company Rise Marketing Marketing Agency Thomas Roszak Architecture Architect LaMarsh Global Business Management Consultant

    Suggested Use

    Realty agency Spa & Massage Hair Salon Restaurant Dental Office Nail Salon Building Supply Daycare Center Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.633471
    Latitude
    41.879611

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    FAQs

    What type of property is this?
    Office Property / Space - Downtown Chicago Offices Available Now
    Where is this office property / space located?
    The property is located at 145 Wl Chicago Chicago, IL.
    What are key features of this property?
    This property features: Retail space available at the base of a new 206,000 SF boutique loft office building.; Up to 4,000 SF of retail space available, divisible to suit.; Prime Loop location near hotels, offices (one block from Willis Tower), and residential areas.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    145 Wl Chicago Chicago, IL 60606
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