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Property profile & analytics
OFF-MARKET
Office Spaces

246 Chicago St Milwaukee, WI 53202

120,000 SF Built 1917
Property ID
Property summary
AI-generated overview

The Third Ward Center, a stunning 1917 building at 246 E Chicago Street in Milwaukee, WI, offers unique office space in the heart of the Historic Third Ward. This iconic three-story structure boasts nearly 120,000 square feet of commercial space, currently configured for multiple tenants. Available spaces range from a minimum of 11,037 square feet to a maximum contiguous space of 29,137 square feet, with a significant 58,274 square feet currently vacant. The building's rich history blends seamlessly with modern amenities, creating a highly desirable workspace. Its prime location provides easy access to a vibrant array of restaurants, shops, and entertainment options. The property includes approximately one parking space per 100 square feet of rentable space. This Milwaukee County property offers a rare opportunity to lease exceptional office space in a highly sought-after location. The building's blend of historical character and modern functionality makes it an ideal location for businesses seeking a unique and inspiring environment. Contact us today to learn more about leasing opportunities within this exceptional property. Located in the 53202 zip code.

Property profile
Verified
Property type Office Spaces
Year built 1917
Total area 120,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Cramer-Krasselt Marketing & Advertising Advertising Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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