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    180 Wabash Ave Chicago, IL 60601

    For Lease
    $23 SF/Yr

    Chicago's Central Loop: Modern Office Suites

    Lot size:
    162,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    180 North Wabash Avenue offers exceptional office space in Chicago's vibrant Central Loop submarket. This eight-story building boasts a total of 162,000 square feet, providing a range of options to suit diverse business needs. Multiple tenancy is available, with spaces ranging from a minimum of 486 square feet to a maximum contiguous space of 5,473 square feet. Currently, there are 24,725 square feet of vacant space ready for immediate occupancy. The building caters to various office styles, including executive, traditional, and creative office spaces, ensuring flexibility for a wide array of businesses. Its location in the heart of the Central Loop provides unparalleled access to public transportation, world-class amenities, and a thriving business community. The address is 180 N Wabash Ave, Chicago, IL 60601. This property presents a unique opportunity to establish a prominent presence in one of Chicago's most sought-after business districts. The building's design and layout are adaptable to various business configurations, making it an ideal choice for companies seeking a prestigious and functional workspace. Inquire today to explore the available options and secure your ideal office space at 180 North Wabash Avenue.

    Property Features for 180 Wabash Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    162,000 SF
    Total Rate
    310500

    Building Details

    Stories
    8

    Unit(s) available at that property

    Space
    Suite 450
    Size
    1,764 SF
    Rate per SF
    $26
    Space
    Suite 525
    Size
    3,791 SF
    Rate per SF
    $26
    Space
    Suite 405
    Size
    3,116 SF
    Rate per SF
    $26
    Space
    Suite 300
    Size
    4,412 SF
    Rate per SF
    $26
    Space
    Suite 602
    Size
    5,473 SF
    Rate per SF
    $26
    Space
    Suite 401
    Size
    2,939 SF
    Rate per SF
    $26
    Space
    Suite 425
    Size
    939 SF
    Rate per SF
    $26
    Space
    Suite 801
    Size
    1,056 SF
    Rate per SF
    $23
    Space
    Suite 505
    Size
    749 SF
    Rate per SF
    $26
    Space
    Suite 615
    Size
    486 SF
    Rate per SF
    $23

    HighLights

    • On‑site management and 24/7 security.
    • Diverse on‑site amenities including restaurants (The Halal Guys, Capriotti's, Taco Bell Cantina, Panda Express, Dunkin'), a service center, nail salon, and theater.
    • Prime downtown location near Millennium Park, Chicago Cultural Center, Theatre District, and State Street shopping.
    • Ample parking in nearby city garages.
    • Convenient access to public transportation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    iPhone Repair Repair Service Genesys Works Chicago Business Management Consultant Attune Medical Medical Equipment Manufacturer Gray Matter Analytics Association Or Organization Siella Imaging Records Storage Facility

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Food Market Clothing Store Grocery Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.626276357915
    Latitude
    41.885446380174

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    FAQs

    What type of property is this?
    Office space - Chicago's Central Loop: Modern Office Suites
    Where is this office space located?
    The property is located at 180 Wabash Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $23-$26 SF/Yr.
    What are key features of this property?
    This property features: On-site management and 24/7 security.; Diverse on-site amenities including restaurants (The Halal Guys, Capriotti's, Taco Bell Cantina, Panda Express, Dunkin'), a service center, nail salon, and theater.; Prime downtown location near Millennium Park, Chicago Cultural Center, Theatre District, and State Street shopping.
    Request Owner's contact information
    180 Wabash Ave Chicago, IL 60601
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    Chicago, IL 60601
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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
    180 Wabash Ave Chicago, IL 60601
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