228 S Wabash Ave, Chicago, IL 60604
For Lease
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This prestigious 10-story, 84,000 square foot building, constructed in 1930, offers a unique blend of historic charm and modern functionality. Located in Chicago's vibrant East Loop, near historic Route 66, this property boasts 7 available office spaces ranging from 1,303 to 4,700 contiguous square feet, with a total of 7,228 square feet currently vacant. The building features efficient floor plates, abundant natural light from large windows on three sides, upgraded elevators and lobby, and individual HVAC controls. High ceilings and compact floor plans are ideal for small to mid-sized tenants seeking a creative and inspiring workspace. Its prime location provides easy access to Grant and Millennium Parks, Michigan Avenue, and various public transportation options including the Pedway, CTA, Metra, and numerous parking garages. The proximity to the Thompson Center, Daley Center, City Hall, Prudential Plaza, and federal and county courts adds to its exceptional convenience. This is a rare opportunity to secure office space in a landmark building within a thriving and highly accessible area of Chicago.
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ParkChicago #545513 Parking Lot & Garage
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Ramco Personnel Resources-Ill Employment Agency
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Cabet Group Employment Agency
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Chicago Area Fair Housing Alliance (CAFHA) Charitable Organization Social Service Agency
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The Historic Trio on Route 66 Freight Service Logistics Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.