IL > Chicago
Chicago, IL 60602,50 E Washington ST
Chicago, IL 60602,50 E Washington ST
Chicago, IL 60602,50 E Washington ST
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Sara Macak

Sara Macak

+1(630) 207-6658
$614,468
Est. payment /mo
259,000 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Office/Tech

Listing Status Active

Purchase Type For Sale

Square Footage 259,000 sqft

Price per Sqft $2

MLS Listing ID 11891319

Year Built 1914

Tax Year 2021

Lot Dimensions 259000

Property Sub-Type Office/Tech

Property Description

A 12,836 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.

Location

State IL

County Cook

Area Chi - Loop

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Office/Tech

Level or Stories 21

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Midwest Real Estate Data (MRED) IDX
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Susan Silver • Millennium Properties RE, Inc.
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agent

Sara Macak

Broker | License ID: 475.193648

+1(630) 207-6658

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50 E Washington ST

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