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Financial
Distress signals
Property profile

29 Wacker Dr Chicago, IL 60606

OFF-MARKET
Office buildings
Property ID
US28-0362727
116,900 SF 0.33 ac lot Built 1962
Last sale Dec 2024 · $11,282,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Class B office building, located at 29 N Wacker Drive in Chicago's prestigious West Loop submarket, presents a unique opportunity for businesses seeking high-quality space at an affordable price. The 10-story building, constructed in 1961, offers a total of 116,900 square feet, with 68,582 square feet currently available for lease. Individual suites range from 2,606 to 14,305 square feet, providing flexibility for various tenant needs. The building features one elevator for…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$1.23M
Tax billed · 2022
Assessed value$5.98M
Assessed land$1.73M
Assessed improvement$4.25M
Effective rate20.57%

Value estimate

· Oct 2026
$11.28M
$10.15M – $12.41M
AI approach$11.28M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$135/SF
Submarket average, outlier-cleaned · 152 recorded sales of this use type
Observed band · Q1–Q3$51 – $278

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store23.4
Laundromat13.0
Nursing Home11.0

Location

29 Wacker Dr Chicago, IL 60606-3221
County assessor Recorded deeds · 9 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
311 Washington, Chicago, IL 60606-3220 $894,000 Apr 2025 449,500 SF
300 Adams, Chicago, IL 60606-5101 $2,000,000 Jan 2024 217,800 SF
225 Washington St, Chicago, IL 60606-3486 $82,625,000 Mar 2022 430,000 SF
23 Franklin, Chicago, IL 60606 $82,625,000 Mar 2022 430,000 SF
200 Jackson, Chicago, IL 60606-6910 $130,000,000 Feb 2022 517,200 SF
225 Lk, Chicago, IL 60606-1803 $2,000,000 Jun 2020 645,800 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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