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Property profile & analytics
FOR LEASE
Office buildings

29 N Wacker Dr Chicago, IL 60606

116,900 SF 0.33 ac lot Built 1962
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US28-0362727
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 convenient access to all floors. Its prime location on N Wacker Drive, with a cross street of Washington, offers unparalleled accessibility and visibility within the vibrant West Loop business district. The building is well-maintained and provides essential amenities, making it an ideal choice for businesses seeking a blend of value and prestige. The multiple tenancy structure allows for a diverse range of businesses to thrive within this well-situated building. This is a rare opportunity to secure office space in a highly sought-after location at a competitive price point. The building's traditional office layout provides a classic and functional workspace. Don't miss this chance to establish your business in the heart of Chicago's West Loop. The zip code is 60606.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1962
Total area 116,900 SF
Lot 0.33 ac (14,571 SF)
APN 17-09-453-013
UPID US28-0362727
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Nomura Securities International Inc Financial Advisor
  • Lee Scott Perres, P.C. — Chicago Real Estate Attorney Law Firm
  • MAC Cosmetic Store
  • BMO Harris Bank Loan Service
  • Agentis Energy, Inc. (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$11.28M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$11.28M
Owner & transaction history
Sunshine Enterprise LLC 29 N Wacker · 1 yrs held
Sunshine Enterprise LLC 29 N Wacker
since 2024
Last sale
$11.3M
7 recorded transactions
2024
$11.3M
2024
Price N/A
2022
$29.7M
2010
$13.4M
2001
$18.2M
1997
$5.1M
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $17.0M +8.1%
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More about this property
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