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Property profile & analytics

566 Adams St Chicago, IL 60661

  • Office Properties & Spaces
  • 61,750 SF
  • 0.25 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • USHEALTH Advisors Chicago / Insurance Agency
  • Faier James M / Attorney
  • CSA Partners Ltd. Architects & Urban Designers / Architecture Firm / Furniture Maker
  • Matrix Partners Ltd / Advertising Agency
  • uBid / Corporate Office / E-Commerce Service

Property Details for 566 Adams St

Year built
1921
Lot size
0.25 lot acres
Property size
61,750 SF
Property type
Office Properties & Spaces
Property subtype
Office space

Description

This exceptional 61,750-square-foot creative office building at 566 W Adams St, Chicago, IL 60661, offers multiple tenancy options. Located in the vibrant West Loop submarket, this Class C building boasts a prime location, just one block from Union Station and within easy walking distance of multiple public transportation lines (Blue, Brown, Green, Pink, Purple, and Red lines). Built in 1921 and renovated in 1987, the eight-story building features classic timber/loft aesthetics with high (15-foot) ceilings, exposed brick, and timber posts. Modern amenities include three elevators. The property sits on 0.25 acres and has a 5.67 FAR. Spaces are available from a minimum of 1,634 square feet up to a maximum contiguous space of 5,250 square feet. While there is no on-site parking, the building's unparalleled proximity to public transportation provides a significant advantage for employees and reduces reliance on personal vehicles. The Cook County property (APN: 17-16-107-011-0000) is zoned 61. This move-in ready space presents a unique opportunity to secure a well-maintained, historically significant office building in a highly desirable and convenient location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6422
Latitude
41.8794
More about this property
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