55 Wacker Dr Chicago, IL 60601

This exceptional investment opportunity presents a stabilized, single-tenant office building located at 55 W Wacker Drive, Suite 600-D, Chicago, IL 60601. The property, a Class B condominium interest, is free and clear of debt and offers 4,613 net rentable square feet, currently 100% occupied by Instant Alliance under a net lease expiring August 31, 2025, with a remaining lease term of approximately 0.8 years. The lease includes annual rent bumps of 2.5%, providing consistent income growth. The asking price is $1,400,000, representing an attractive 8.63% cap rate and a net operating income (NOI) of $120,755. The property boasts two parking spaces and offers lease options for one or five years. Its prime location in downtown Chicago's Central Loop, directly on Wacker Drive, provides unparalleled access to public transportation, including the Clark/Lake and State/Lake CTA "L" stations, numerous bus lines, and the Chicago Water Taxi. The property benefits from a 100 Walk Score and 100 Transit Score, reflecting its exceptional walkability and transit-oriented nature. Its proximity to the Chicago Riverwalk and Google's newly acquired Thompson Center, with its planned $280 million investment and influx of employees, further enhances its value and potential for future appreciation. The surrounding area boasts a strong daytime population of approximately 490,000 and an average annual household income exceeding $152,000. This is a rare opportunity to acquire a piece of iconic Wacker Drive real estate with significant upside potential. APN: 17-09-423: 134, 143, 144, & 145.