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50 E Washington St
Chicago, IL 60602 Grant Park

$650,000 USD

Office Condos For Sale  •  12,722+ SF

Property Details

  • Property Type Office
  • Total Building Size 345,000 SF
  • Lot Size 0.36 AC
  • Building Class B
  • Year Built 1919
  • Tenancy Multiple
  • Zoning DX-16
100 Transit Score
100 Walk Score

4 Units Available

Name Condo Use Size Price Details
3rd Floor - Unit 3rd to 5th Office 41,235 SF Price Upon Request
  • Unit Size: 41,235 SF
  • Condo Use: Office
  • Price: Price Upon Request
  • Sale Type: Investment or Owner User
Description
The Entire 3rd, 4th, and 5th floors are available.

Sale Notes
See individual listings for the 3rd, 4th, and 5th floors.

3rd Floor - Unit 300 Medical Office 13,315 SF $650,000 USD
  • Unit Size: 13,315 SF
  • Condo Use: Medical Office
  • Price: $650,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $48.82 USD
Description
*Entire 3rd Floor
*Fully Furnished Suite (including Computer Monitors and Phones)
*± 13,315 RSF
*28 Private Offices (17 on Window Line + 11 Interior Offices)
*5 Workstations
*Formal Reception and Waiting Area with Seating for 18
*Large Conference Hall / Group Meeting Area
*Kitchen & Employee Lounge Area w/ Lockers
*Dedicated IT Room and Storage Rooms
*Men’s and Women’s Restrooms+ 2 Additional Private Stalls
*9’0” dropped ceiling height (11’11” floor-to-slab height)
*2’x’2’ ceiling grid with contemporary light fixtures
*Secure elevator access with smartphone app
*Views of Millennium Park and Lake Michigan

Sale Notes
*Lender Owned
*Currently no property taxes (condo previously owned by tax-exempt entity)
*Entrance / Lobby for Floors 2 thru 5 at 50 E Washington St
*24-hour door staff and security
*Professional on-site management
*Fully sprinklered
*DX-16 Zoning
*34th Ward - Ald. Bill Conway

4th Floor - Unit 400 & 402 Office 15,198 SF Price Upon Request
  • Unit Size: 15,198 SF
  • Condo Use: Office
  • Price: Price Upon Request
  • Sale Type: Owner User
Description
Plug & play, high-end, full-floor office condo with an interior staircase connecting the 4th and 5th floors (sold together or separately). Excellent owner-user opportunity.

Space Specifications:
Entire 4th Floor
Fully Furnished Suite
±15,198 RSF
22 Private Offices with glass fronts (20 on Window Line and 2 Interior Offices)
17 Workstations
3 Conference Rooms w/ 6 to 8-Seats
1 Boardroom w/ 22-Seats 
Formal Reception area with seating
1 Kitchen w/ Seating Area and 1 Kitchenette/Coffee Bar
Wellness Room
Work and Storage Rooms, IT Closet
Men's and Women's Restrooms
10’0” finished ceiling height (11’0” exposed ceiling height)

Sale Notes
*Owner-occupied suite
*Up to 16 deeded parking spaces available in the adjacent Heritage Bldg. Garage.
*There is a separate entrance and lobby for Floors 2 through 5 at 50 E Washington St
*24-hour door staff and security

Plug & play, high-end, full-floor office condo with an interior staircase connecting the 4th and 5th floors (sold together or separately). Excellent owner-user opportunity.

Entire 4th Floor
±15,198 RSF
22 Private Offices with glass fronts (20 on Window Line and 2 Interior Offices)
17 Workstations
3 Conference Rooms w/ 6 to 8-Seats
1 Boardroom w/ 22-Seats 
Formal Reception area with seating
1 Kitchen w/ Seating Area and 1 Kitchenette/Coffee Bar
Wellness Room
Work and Storage Rooms, IT Closet
Men's and Women's Restrooms
10’0” finished ceiling height (11’0” exposed ceiling height)

5th Floor - Unit 500 to 518 Office 12,722 SF Price Upon Request
  • Unit Size: 12,722 SF
  • Condo Use: Office
  • Price: Price Upon Request
  • Sale Type: Owner User
Description
Plug & play, high-end, full-floor office condo with an interior staircase connecting the 4th and 5th floors (sold together or separately). Excellent owner-user opportunity.

Entire 5th Floor:
±12,722 RSF
26 Private Offices w/ glass fronts (20 on Window Line and 6 Interior Offices)
6 Workstations w/ room to expand
Interior Suite w/ Seating for 8 and Kitchenette
4 Conference Rooms w/ 6 to 8-Seats
1 Boardroom w/ 14-Seats and Dedicated Kitchen
Open Kitchen and Abundant Soft Seating 
Fitness Room, Bike Closet, and Private Restroom w/ Shower 
Work and Storage Rooms, IT Closet
Men's and Women's Restrooms 
10’0” finished ceiling height (11’0” exposed ceiling height)

Sale Notes
*Owner-occupied space.  
*Up to 16 deeded parking spaces available in the adjacent Heritage Bldg. Garage.
*There is a separate entrance and lobby for Floors 2 through 5 at 50 E Washington St
*24-hour door staff and security

Plug & play, high-end, full-floor office condo with an interior staircase connecting the 4th and 5th floors (sold together or separately). Excellent owner-user opportunity.

Entire 5th Floor:
±12,722 RSF
26 Private Offices w/ glass fronts (20 on Window Line and 6 Interior Offices)
6 Workstations w/ room to expand
Interior Suite w/ Seating for 8 and Kitchenette
4 Conference Rooms w/ 6 to 8-Seats
1 Boardroom w/ 14-Seats and Dedicated Kitchen
Open Kitchen and Abundant Soft Seating 
Fitness Room, Bike Closet, and Private Restroom w/ Shower 
Work and Storage Rooms, IT Closet
Men's and Women's Restrooms 
10’0” finished ceiling height (11’0” exposed ceiling height)

Description

•	Millennium Park/Michigan Ave is one block away
•	CTA “El” Station Entrance(Washington/ Wabash) across the street
•	Metra’s Millennium Station is one block away
•	Abundant parking at the Grant Park North Garage and the Wabash-Randolph Garage
•	Pedway access across the street
•	Located between Macy’s and the Chicago Cultural Center

Highlights

Full floor owner user opportunity
High-end buildout

Property Flyers

Green Rating

EnergyStar Yes

Major Tenants

Tenant SF Occupied Lease End Date
Caris Pregnancy Counseling and Resources
Family Credit Management
Innovation Arts & Entertainment
Ottawa Dental Laboratory
Robotic Systems Integration
Specialized Dental Partners
Staples
Two Hands Chiropractic & Acupuncture, LLC
Uniform Law Commission

Amenities

  • 24 Hour Access
  • Controlled Access
  • Concierge
  • Conferencing Facility
  • Convenience Store
  • Food Service
  • Property Manager on Site
  • Signage
  • Wheelchair Accessible
  • Reception
  • Storage Space
  • Monument Signage
  • Air Conditioning
  • On-Site Security Staff

Public Transportation

Commuter RailDriveWalkDistance
Chicago Millennium Station (South Shore Line - Northern Indiana Commuter Transportation District (South Shore Line)) 1 min 4 min 0.2 mi
Van Buren Station (South Shore Line - Northern Indiana Commuter Transportation District (South Shore Line)) 2 min 11 min 0.5 mi
Transit/SubwayDriveWalkDistance
Randolph/Wabash Station (Downtown Loop) (Brown Line - Chicago Transit Authority "L" Trains (The "L"), Green Line - Chicago Transit Authority "L" Trains (The "L"), Orange Line - Chicago Transit Authority "L" Trains (The "L"), Pink Line - Chicago Transit Authority "L" Trains (The "L"), Purple Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 2 min 0.1 mi
Madison/Wabash Station (Downtown Loop) (Brown Line - Chicago Transit Authority "L" Trains (The "L"), Green Line - Chicago Transit Authority "L" Trains (The "L"), Orange Line - Chicago Transit Authority "L" Trains (The "L"), Pink Line - Chicago Transit Authority "L" Trains (The "L"), Purple Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 2 min 0.1 mi
Lake Station (Red Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 4 min 0.2 mi
Chicago Millennium Station (South Shore Line - Northern Indiana Commuter Transportation District (South Shore Line)) 1 min 4 min 0.2 mi
Monroe Station (Red Line) (Red Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 5 min 0.3 mi
AirportDriveWalkDistance
Chicago Midway International 27 min - 12.5 mi
Chicago O'Hare International 52 min - 21.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 2
Type: Covered
Included in Rent: Yes
David Kimball 615-516-4827 Transwestern Real Estate Services
David Kimball 615-516-4827 Transwestern Real Estate Services