Description
121 West Wacker offers a prime investment opportunity in the heart of Chicago’s Central Business District. This 441,034-square-foot Class A office tower, built in 1930 and extensively renovated in 2017, features 41 stories and 83 covered parking spaces.
Currently at 63% occupancy, the property presents significant lease-up potential with 426,161 square feet of available space, ideal for investors seeking value-add opportunities in a premier location. In-place rents average $24 per square foot, approximately 4.5% below market rates, highlighting the upside potential through lease adjustments...
Documents
Offering Summary
- Asking PriceUnPriced
- Property TypeOffice
- Size441,034 SF
- Available426,161 SF
- Occupancy63%
- Built1930
- ParkingCovered
Sale Details
- Walt4 Years
- In-Place Rents24
- Rents Below Market4.50%
Documents
Property Address



























Deal Team



Description
121 West Wacker offers a prime investment opportunity in the heart of Chicago’s Central Business District. This 441,034-square-foot Class A office tower, built in 1930 and extensively renovated in 2017, features 41 stories and 83 covered parking spaces.
Currently at 63% occupancy, the property presents significant lease-up potential with 426,161 square feet of available space, ideal for investors seeking value-add opportunities in a premier location. In-place rents average $24 per square foot, approximately 4.5% below market rates, highlighting the upside potential through lease adjustments...
Documents
Offering Summary
- Asking PriceUnPriced
- Property TypeOffice
- Size441,034 SF
- Available426,161 SF
- Occupancy63%
- Built1930
- ParkingCovered
Sale Details
- Walt4 Years
- In-Place Rents24
- Rents Below Market4.50%
Documents
Property Address
Deal Team



