50 East Washington Street, Chicago, IL

$635,502

Previous Next

About 50 East Washington Street

A 12,386 square foot turn-key condominium situated on the northeast corner of Wabash Avenue and Washington Street in the Jewelers Row District. Located on the third floor, the suite is built-out with high-end finishes and benefits from incredible unobstructed views of Lake Michigan, Millennium Park, and the city. The unit has been improved with numerous offices, conference rooms, a kitchen and is in move-in condition. Because the space can be easily sub-divided, this is the perfect opportunity for a user or investor. There is also the potential for SBA financing which offers low interest rates and favorable terms. The unit is part of the historic 21-story Garland Building, which was constructed in 1914 and contains 259,000 square feet of commercial space and has approximately 170 units. The property continues to sustain high occupancy levels with stable long-term tenants from the medical, dental, financial, legal and non-profits sectors. On-site valet parking is available. The East Loop submarket is a highly desirable location due to its proximity to government buildings, restaurants, shopping, entertainment and other amenities. Specifically, this high visibility location is just a few blocks away from Millennium Park and has easy access to public transportation, parking and expressways. This busy corridor benefits from the high traffic and foot counts.

Features of 50 East Washington Street

MLS® # 11891315
Price $635,502
Bathrooms 0.00
Acres 0.00
Year Built 1914
Type Commercial Sale
Sub-Type Office/Tech
Status Active

Community Information

Address 50 East Washington Street
Area CHI - Loop
City Chicago
County Cook
State IL
Zip Code 60602

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Has Basement No

Additional Information

Days on Market 223
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMillennium Properties RE, Inc.

Listing Map