180 Washington St Chicago, IL 60602
- Office buildings
- 29,300 SF
- 0.10 lot acres
Current Use by Public Records
- Bartolic Law / Insurance Attorney / Law Firm
- The Law Offices of Annette E. Pinhasik / Personal Injury Attorney
- Dr. Nathan Noblet, DC / Chiropractor
- January Family Law, LLC / Family Law Attorney
- Hanna Architects Inc / Architect
Property Details for 180 Washington St
- Year built
- 1927
- Lot size
- 0.10 lot acres
- Property size
- 29,300 SF
- Property type
- Office buildings
- APN
- 17-09-446-007
- APU
- 1709446007
Description
This exceptional 41,178 square foot, thirteen-story building at 180 West Washington offers eight available office suites ranging from 1,046 to 3,950 contiguous square feet. Located in Chicago's vibrant Central Loop submarket, this Class C property boasts a prime location steps from public transportation, including the Washington/Wells 'L' stop, LoopLink buses, Union Station, and Ogilvie Transportation Center. Built in 1924 and renovated in 1985, the building features attractive, unique layouts with plentiful natural light from numerous windows. Each suite benefits from a compact floor plate and prime elevator identity. The building's amenities include tenant-controlled HVAC systems, an on-site restaurant, and a printing service. The property sits on 0.1 acres and is zoned C3-5. The minimum divisible space is 1,232 square feet, with a 12-foot ceiling height. Its convenient location offers proximity to City Hall, the Daley Center, and the Thompson Center, along with numerous dining, shopping, and entertainment options. The Cook County property (APN: 17-09-446-006-0000, 17-09-446-007-0000) presents a rare opportunity to secure office space in a historically significant building within the heart of Chicago's Central Loop. Multiple public parking options are available within a block.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,010,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,100,000
- 6.5%
- $1,205,000
- 7%
- $1,205,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $965,000
- Geo Method
- $1,060,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,315,000
- Retail
- $1,015,000
- Mixed-Use
- $1,320,000
- Hospitality
- $1,010,000
- Educational
- $1,330,000
- Residential Income
- $1,325,000
- Energy
- $1,345,000
- Income-Based Land
- $1,040,000
- Food Service
- $1,385,000
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6335
- Latitude
- 41.8835
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA