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55 W Wacker Dr
Chicago, IL 60601 Chicago Loop

$505,000 - $1,575,000 USD

Office Condos For Sale  •  2,890+ SF

Property Details

  • Property Type Office
  • Total Building Size 332,173 SF
  • Lot Size 0.42 AC
  • Building Class B
  • Year Built 1967
  • Tenancy Multiple
  • Zoning DC-16
100 Transit Score
100 Walk Score

8 Units Available

Name Condo Use Size Price Details
2nd Floor - Unit 200 Office 15,779 SF $1,575,000 USD
  • Unit Size: 15,779 SF
  • Condo Use: Office
  • Price: $1,575,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $99.82 USD
Description
GOOGLE BUYS NEIGHBORING THOMPSON CENTER The Property is just 350 feet away from Google’s newest real estate acquisition, the James R. Thompson Center. Google is expected to invest $280 million into upgrading the 425,000 square foot building and plans to move thousands of employees to the location. Google opening a massive office adjacent to the Property will bring additional jobs and offices to the immediate area with the improved infrastructure and ancillary businesses centered around the tech giant.

CORE CHICAGO CBD VALUE-ADD OPPORTUNITY The vacant space provides an owner/user or investor the opportunity to acquire the 15,779 square foot unit at only $100 per square foot, which is substantially below replacement cost. The low basis allows an occupant to reduce its operating costs and build equity while occupying the space and will allow an investor to lease-up and cash flow or sell upon stabilization.

RARE + ICONIC WACKER DRIVE OPPORTUNITY The Central Loop and more specifically Wacker Drive host many of the world’s most well-known and prestigious corporations. The opportunity enables an investor the exceptionally rare occasion to acquire a piece of 55 West Wacker, positioned on the Chicago riverfront and considered among the best-in-class office locations in all of Chicago.

TRANSIT + WALKER’S PARADISE The Property stands as one of the most well located, transit-oriented office buildings in all of downtown Chicago as it boasts immediate access to a large selection of public transportation options, including being mere steps from both the Clark/Lake and State/Lake CTA “L” Stations servicing the Blue, Brown, Green, Orange, Pink, and Purple Lines. The Property also sits adjacent to Chicago’s Water Taxi service and nearly a dozen CTA bus lines. The Investment boasts a perfect 100/100 Walk Score and 100/100 Transit score as it offers world class transportation and daily errands do not require a vehicle.

NEXT TO THE CHICAGO RIVERWALK The Property is adjacent to the new $150-million Chicago Riverwalk which boasts 1.25 miles of riverfront parkway that includes a variety of entertainment venues and concessions, hosting approximately 2.8 million visitors annually.

OUTSTANDING DEMOGRAPHICS The daytime population within 1-mile is approximately 490,000 and the average annual household income exceeds $152,000.

Sale Notes
OM Registration: https://form.jotform.com/GreenstonePartners/ca-55ww-suite-200

3rd Floor - Unit 350 Office 6,100 SF $1,065,000 USD
  • Unit Size: 6,100 SF
  • Condo Use: Office
  • Price: $1,065,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $174.59 USD
Description
GOOGLE BUYS NEIGHBORING THOMPSON CENTER The Property is just 350 feet away from Google’s newest real estate acquisition, the James R. Thompson Center. Google is expected to invest $280 million into upgrading the 425,000 square foot building and plans to move thousands of employees to the location. Google opening a massive office adjacent to the Property will bring additional jobs and offices to the immediate area with the improved infrastructure and ancillary businesses centered around the tech giant.

CORE CHICAGO CBD VALUE-ADD OPPORTUNITY The vacant space provides an owner/user or investor the opportunity to acquire the 6,100 square foot unit at only $175 per square foot, which is substantially below replacement cost. The low basis allows an occupant to reduce its operating costs and build equity while occupying the space and will allow an investor to lease-up and cash flow or sell upon stabilization.

RARE + ICONIC WACKER DRIVE OPPORTUNITY The Central Loop and more specifically Wacker Drive host many of the world’s most well-known and prestigious corporations. The opportunity enables an investor the exceptionally rare occasion to acquire a piece of 55 West Wacker, positioned on the Chicago riverfront and considered among the best-in-class office locations in all of Chicago.

TRANSIT + WALKER’S PARADISE The Property stands as one of the most well located, transit-oriented office buildings in all of downtown Chicago as it boasts immediate access to a large selection of public transportation options, including being mere steps from both the Clark/Lake and State/Lake CTA “L” Stations servicing the Blue, Brown, Green, Orange, Pink, and Purple Lines. The Property also sits adjacent to Chicago’s Water Taxi service and nearly a dozen CTA bus lines. The Investment boasts a perfect 100/100 Walk Score and 100/100 Transit score as it offers world class transportation and daily errands do not require a vehicle.

NEXT TO THE CHICAGO RIVERWALK The Property is adjacent to the new $150-million Chicago Riverwalk which boasts 1.25 miles of riverfront parkway that includes a variety of entertainment venues and concessions, hosting approximately 2.8 million visitors annually.

OUTSTANDING DEMOGRAPHICS The daytime population within 1-mile is approximately 490,000 and the average annual household income exceeds $152,000.

Sale Notes
OM Registration: https://form.jotform.com/GreenstonePartners/ca-55ww-suite-350

6th Floor - Unit 600-B Office 2,890 SF $505,000 USD
  • Unit Size: 2,890 SF
  • Condo Use: Office
  • Price: $505,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $174.74 USD
Description
GOOGLE BUYS NEIGHBORING THOMPSON CENTER The Property is just 350 feet away from Google’s newest real estate acquisition, the James R. Thompson Center. Google is expected to invest $280 million into upgrading the 425,000 square foot building and plans to move thousands of employees to the location. Google opening a massive office adjacent to the Property will bring additional jobs and offices to the immediate area with the improved infrastructure and ancillary businesses centered around the tech giant.

CORE CHICAGO CBD VALUE-ADD OPPORTUNITY The vacant space provides an owner/user or investor the opportunity to acquire the 2,890 square foot unit at only $175 per square foot, which is substantially below replacement cost. The low basis allows an occupant to reduce its operating costs and build equity while occupying the space and will allow an investor to lease-up and cash flow or sell upon stabilization.

RARE + ICONIC WACKER DRIVE OPPORTUNITY The Central Loop and more specifically Wacker Drive host many of the world’s most well-known and prestigious corporations. The opportunity enables an investor the exceptionally rare occasion to acquire a piece of 55 West Wacker, positioned on the Chicago riverfront and considered among the best-in-class office locations in all of Chicago.

TRANSIT + WALKER’S PARADISE The Property stands as one of the most well located, transit-oriented office buildings in all of downtown Chicago as it boasts immediate access to a large selection of public transportation options, including being mere steps from both the Clark/Lake and State/Lake CTA “L” Stations servicing the Blue, Brown, Green, Orange, Pink, and Purple Lines. The Property also sits adjacent to Chicago’s Water Taxi service and nearly a dozen CTA bus lines. The Investment boasts a perfect 100/100 Walk Score and 100/100 Transit score as it offers world class transportation and daily errands do not require a vehicle.

NEXT TO THE CHICAGO RIVERWALK The Property is adjacent to the new $150-million Chicago Riverwalk which boasts 1.25 miles of riverfront parkway that includes a variety of entertainment venues and concessions, hosting approximately 2.8 million visitors annually.

OUTSTANDING DEMOGRAPHICS The daytime population within 1-mile is approximately 490,000 and the average annual household income exceeds $152,000.

Sale Notes
OM Registration: https://form.jotform.com/GreenstonePartners/ca-55ww-suite-600-b

6th Floor - Unit 600-C Office 4,754 SF $1,250,000 USD
  • Unit Size: 4,754 SF
  • Condo Use: Office
  • Price: $1,250,000 USD
  • Sale Type: Investment
  • Price/SF: $262.94 USD
Description
GOOGLE BUYS NEIGHBORING THOMPSON CENTER The Property is just 350 feet away from Google’s newest real estate acquisition, the James R. Thompson Center. Google is expected to invest $280 million into upgrading the 425,000 square foot building and plans to move thousands of employees to the location. Google opening a massive office adjacent to the Property will bring additional jobs and offices to the immediate area with the improved infrastructure and ancillary businesses centered around the tech giant.

RARE + ICONIC WACKER DRIVE OPPORTUNITY  The Central Loop and more specifically Wacker Drive host many of the World’s most well-known and prestigious corporations. The opportunity enables an investor the exceptionally rare occasion to acquire a piece of 55 West Wacker, positioned on the Chicago riverfront and considered among the best-in-class office locations in all of Chicago.

TRANSIT + WALKER’S PARADISE The Investment stands as one of the most well located, transit-oriented office buildings in all of downtown Chicago as it boasts immediate access to a large selection of public transportation options, including being mere steps from both the Clark/Lake and State/Lake CTA “L” Stations servicing the Blue, Brown, Green, Orange, Pink, and Purple Lines. The Property also sits adjacent to Chicago’s Water Taxi service and nearly a dozen CTA bus lines. The investment boasts a perfect 100/100 Walk Score and 100/100 Transit score as it offers world class transportation and daily errands do not require a vehicle.

NEXT TO THE CHICAGO RIVERWALK The Property is adjacent to the new $150-million Chicago Riverwalk which boasts 1.25 miles of riverfront parkway that includes a variety of entertainment venues and concessions, hosting approximately 2.8 million visitors annually.

OUTSTANDING DEMOGRAPHICS The daytime population within 1-mile is approximately 490,000 and the average annual household income exceeds $152,000.

Sale Notes
OM Registration: https://form.jotform.com/GreenstonePartners/CA-55ww-KooArchitects

6th Floor - Unit 600-D Office 4,613 SF $1,400,000 USD
  • Unit Size: 4,613 SF
  • Condo Use: Office
  • Price: $1,400,000 USD
  • Sale Type: Investment
  • Price/SF: $303.49 USD
Description
GOOGLE BUYS NEIGHBORING THOMPSON CENTER The Property is just 350 feet away from Google’s newest real estate acquisition, the James R. Thompson Center. Google is expected to invest $280 million into upgrading the 425,000 square foot building and plans to move thousands of employees to the location. Google opening a massive office adjacent to the Property will bring additional jobs and offices to the immediate area with the improved infrastructure and ancillary businesses centered around the tech giant.

RARE + ICONIC WACKER DRIVE OPPORTUNITY  The Central Loop and more specifically Wacker Drive host many of the World’s most well-known and prestigious corporations. The opportunity enables an investor the exceptionally rare occasion to acquire a piece of 55 West Wacker, positioned on the Chicago riverfront and considered among the best-in-class office locations in all of Chicago.

TRANSIT + WALKER’S PARADISE The Investment stands as one of the most well located, transit-oriented office buildings in all of downtown Chicago as it boasts immediate access to a large selection of public transportation options, including being mere steps from both the Clark/Lake and State/Lake CTA “L” Stations servicing the Blue, Brown, Green, Orange, Pink, and Purple Lines. The Property also sits adjacent to Chicago’s Water Taxi service and nearly a dozen CTA bus lines. The investment boasts a perfect 100/100 Walk Score and 100/100 Transit score as it offers world class transportation and daily errands do not require a vehicle.

NEXT TO THE CHICAGO RIVERWALK The Property is adjacent to the new $150-million Chicago Riverwalk which boasts 1.25 miles of riverfront parkway that includes a variety of entertainment venues and concessions, hosting approximately 2.8 million visitors annually.

OUTSTANDING DEMOGRAPHICS The daytime population within 1-mile is approximately 490,000 and the average annual household income exceeds $152,000.

Sale Notes
OM Registration: https://form.jotform.com/GreenstonePartners/ca-55ww-instantalliance

7th Floor - Unit 710/716 Office 6,675 SF $800,000 USD
  • Unit Size: 6,675 SF
  • Condo Use: Office
  • Price: $800,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $119.85 USD
Description
GOOGLE BUYS NEIGHBORING THOMPSON CENTER The Property is just 350 feet away from Google’s newest real estate acquisition, the James R. Thompson Center. Google is expected to invest $280 million into upgrading the 425,000 square foot building and plans to move thousands of employees to the location. Google opening a massive office adjacent to the Property will bring additional jobs and offices to the immediate area with the improved infrastructure and ancillary businesses centered around the tech giant.

CORE CHICAGO CBD VALUE-ADD OPPORTUNITY The vacant space provides an owner/user or investor the opportunity to acquire the 6,675 square foot unit at only $120 per square foot, which is substantially below replacement cost. The low basis allows an occupant to reduce its operating costs and build equity while occupying the space and will allow an investor to lease-up and cash flow or sell upon stabilization.

RARE + ICONIC WACKER DRIVE OPPORTUNITY The Central Loop and more specifically Wacker Drive host many of the world’s most well-known and prestigious corporations. The opportunity enables an investor the exceptionally rare occasion to acquire a piece of 55 West Wacker, positioned on the Chicago riverfront and considered among the best-in-class office locations in all of Chicago.

TRANSIT + WALKER’S PARADISE The Property stands as one of the most well located, transit-oriented office buildings in all of downtown Chicago as it boasts immediate access to a large selection of public transportation options, including being mere steps from both the Clark/Lake and State/Lake CTA “L” Stations servicing the Blue, Brown, Green, Orange, Pink, and Purple Lines. The Property also sits adjacent to Chicago’s Water Taxi service and nearly a dozen CTA bus lines. The Investment boasts a perfect 100/100 Walk Score and 100/100 Transit score as it offers world class transportation and daily errands do not require a vehicle.

NEXT TO THE CHICAGO RIVERWALK The Property is adjacent to the new $150-million Chicago Riverwalk which boasts 1.25 miles of riverfront parkway that includes a variety of entertainment venues and concessions, hosting approximately 2.8 million visitors annually.

OUTSTANDING DEMOGRAPHICS The daytime population within 1-mile is approximately 490,000 and the average annual household income exceeds $152,000.

Sale Notes
OM Registration: https://form.jotform.com/GreenstonePartners/ca-55ww-suite-710-716

12nd Floor - Unit 1210 Office 8,808 SF $1,055,000 USD
  • Unit Size: 8,808 SF
  • Condo Use: Office
  • Price: $1,055,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $119.78 USD
Description
GOOGLE BUYS NEIGHBORING THOMPSON CENTER The Property is just 350 feet away from Google’s newest real estate acquisition, the James R. Thompson Center. Google is expected to invest $280 million into upgrading the 425,000 square foot building and plans to move thousands of employees to the location. Google opening a massive office adjacent to the Property will bring additional jobs and offices to the immediate area with the improved infrastructure and ancillary businesses centered around the tech giant.

CORE CHICAGO CBD VALUE-ADD OPPORTUNITY The vacant space provides an owner/user or investor the opportunity to acquire the 8,808 square foot unit at only $120 per square foot, which is substantially below replacement cost. The low basis allows an occupant to reduce its operating costs and build equity while occupying the space and will allow an investor to lease-up and cash flow or sell upon stabilization.

RARE + ICONIC WACKER DRIVE OPPORTUNITY The Central Loop and more specifically Wacker Drive host many of the world’s most well-known and prestigious corporations. The opportunity enables an investor the exceptionally rare occasion to acquire a piece of 55 West Wacker, positioned on the Chicago riverfront and considered among the best-in-class office locations in all of Chicago.

TRANSIT + WALKER’S PARADISE The Property stands as one of the most well located, transit-oriented office buildings in all of downtown Chicago as it boasts immediate access to a large selection of public transportation options, including being mere steps from both the Clark/Lake and State/Lake CTA “L” Stations servicing the Blue, Brown, Green, Orange, Pink, and Purple Lines. The Property also sits adjacent to Chicago’s Water Taxi service and nearly a dozen CTA bus lines. The Investment boasts a perfect 100/100 Walk Score and 100/100 Transit score as it offers world class transportation and daily errands do not require a vehicle.

NEXT TO THE CHICAGO RIVERWALK The Property is adjacent to the new $150-million Chicago Riverwalk which boasts 1.25 miles of riverfront parkway that includes a variety of entertainment venues and concessions, hosting approximately 2.8 million visitors annually.

OUTSTANDING DEMOGRAPHICS The daytime population within 1-mile is approximately 490,000 and the average annual household income exceeds $152,000.

Sale Notes
OM Registration: https://form.jotform.com/GreenstonePartners/ca-55ww-suite-1210

15th Floor - Unit 1500 Office 10,841 SF $1,410,000 USD
  • Unit Size: 10,841 SF
  • Condo Use: Office
  • Price: $1,410,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $130.06 USD
Description
GOOGLE BUYS NEIGHBORING THOMPSON CENTER The Property is just 350 feet away from Google’s newest real estate acquisition, the James R. Thompson Center. Google is expected to invest $280 million into upgrading the 425,000 square foot building and plans to move thousands of employees to the location. Google opening a massive office adjacent to the Property will bring additional jobs and offices to the immediate area with the improved infrastructure and ancillary businesses centered around the tech giant.

CORE CHICAGO CBD VALUE-ADD OPPORTUNITY The vacant space provides an owner/user or investor the opportunity to acquire the 10,841 square foot unit at only $130 per square foot, which is substantially below replacement cost. The low basis allows an occupant to reduce its operating costs and build equity while occupying the space and will allow an investor to lease-up and cash flow or sell upon stabilization.

RARE + ICONIC WACKER DRIVE OPPORTUNITY The Central Loop and more specifically Wacker Drive host many of the world’s most well-known and prestigious corporations. The opportunity enables an investor the exceptionally rare occasion to acquire a piece of 55 West Wacker, positioned on the Chicago riverfront and considered among the best-in-class office locations in all of Chicago.

TRANSIT + WALKER’S PARADISE The Property stands as one of the most well located, transit-oriented office buildings in all of downtown Chicago as it boasts immediate access to a large selection of public transportation options, including being mere steps from both the Clark/Lake and State/Lake CTA “L” Stations servicing the Blue, Brown, Green, Orange, Pink, and Purple Lines. The Property also sits adjacent to Chicago’s Water Taxi service and nearly a dozen CTA bus lines. The Investment boasts a perfect 100/100 Walk Score and 100/100 Transit score as it offers world class transportation and daily errands do not require a vehicle.

NEXT TO THE CHICAGO RIVERWALK The Property is adjacent to the new $150-million Chicago Riverwalk which boasts 1.25 miles of riverfront parkway that includes a variety of entertainment venues and concessions, hosting approximately 2.8 million visitors annually.

OUTSTANDING DEMOGRAPHICS The daytime population within 1-mile is approximately 490,000 and the average annual household income exceeds $152,000.

Sale Notes
OM Registration: https://form.jotform.com/GreenstonePartners/ca-55ww-suite-1500

Amenities

  • Banking
  • Bus Line
  • Commuter Rail
  • Property Manager on Site
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Chicago Millennium Station (South Shore Line - Northern Indiana Commuter Transportation District (South Shore Line)) 2 min 10 min 0.5 mi
Chicago Ogilvie Transportation Center (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra), Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra), Union Pacific West Line - Northeast Illinois Regional Commuter Railroad (Metra)) 3 min 15 min 0.8 mi
Transit/SubwayDriveWalkDistance
State/Lake 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 3 min 0.1 mi
Clark/Lake Station (Downtown Loop) (Blue Line - Chicago Transit Authority "L" Trains (The "L"), 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")) 2 min 3 min 0.2 mi
Washington Station (Blue Line) (Blue Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 4 min 0.2 mi
Lake Station (Red Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 5 min 0.2 mi
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")) 2 min 6 min 0.3 mi
AirportDriveWalkDistance
Chicago Midway International 19 min - 11.4 mi
Chicago O'Hare International 28 min - 17.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 28
Type: Surface
Included in Rent: Yes
Jason St John 312-523-6687 Greenstone Partners
Jason St John 312-523-6687 Greenstone Partners