Property profile & analytics
200 Jackson Blvd Chicago, IL 60606
- Office buildings
- 517,200 SF
- 0.43 lot acres
Value Estimations
$135,940,000
Cap Rate Potential
Location Intelligence
Property ID
US28-5694921
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- Gittler Marvin / Law Firm
- Ceco Inc / General Contractor
- Talution Group / Corporate Office / Business Park
- Law Offices of Raymond L. Asher / Law Firm
- The Law Offices of Brian T. Levin, P.C., / Law Firm
Property Details for 200 Jackson Blvd
- Year built
- 1970
- Lot size
- 0.43 lot acres
- Property size
- 517,200 SF
- Property type
- Office buildings
- APN
- 17-16-219-007
- APU
- 1716219007
Description
This exceptional 4,175 square foot retail space is located at 200 W. Jackson Boulevard in Chicago's vibrant Loop neighborhood. Situated at the northwest corner of the signalized intersection of Jackson and Wells Streets, this former Chase Bank branch offers unparalleled visibility and accessibility. The property is part of a 29-story Class A office building, recently renovated in 2015, boasting a total of 483,340 square feet. The space features frontage on both Jackson and Wells Streets, presenting a remarkable opportunity for a diverse range of businesses, including retail, restaurants, medical offices, or service-oriented enterprises. Its strategic location offers easy access to public transportation, with proximity to multiple "L" train stations (Quincy, LaSalle/Van Buren, and Clinton) and just blocks from Ogilvie Transportation Center and Union Station. The location benefits from excellent connectivity to the Kennedy Expressway and is immersed in Chicago's central business district, surrounded by a high-density population with an average household income exceeding $145,000 within a one-mile radius. The 0.43-acre lot size within Cook County, Illinois, ensures ample space and visibility. This is a truly exceptional opportunity to establish a presence in one of Chicago's most desirable and high-traffic locations. The building itself was constructed in 1971.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- Off market
-
CAP approach
- CAP Return
- Estimation
- 6%
- $197,280,000
- 6.5%
- $182,105,000
- 7%
- $169,100,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $143,709,000
Market price range: $26.6M - $144M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $225,165,000
- NEIGHBORHOOD: SHOPPING CENTER
- $123,650,000
- APARTMENT HOUSE (5+ UNITS)
- $88,970,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6341
- Latitude
- 41.8784
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$5,955,181
$2,207,800
$26,745,498
$28,953,298
-
$8,831,200
$106,981,992
$115,813,192
