Chicago, IL 60602 50 E Washington Street

50 E Washington Street Chicago, IL - Image 150 E Washington Street Chicago, IL - Image 250 E Washington Street Chicago, IL - Image 3
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50 E Washington Street Chicago, IL - Image 4
Presented By: Millennium Properties RE, Inc.
  • MLS# 11891315
  • 09/20/2023
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • SQFT • 259,000

Home Details

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.
Presented By: Millennium Properties RE, Inc.

Interior Features for 50 E Washington Street

Other Interior Features

Street SuffixStreet

General for 50 E Washington Street

Additional Parcels Y/NYes
CityChicago
CoolingCentral Air
CountyCook
Days on Market363
DirectionsLocated on the northeast corner of Wabash Avenue and Washington Street
ElectricOther
Gross Income
Leasable Area6526
Lot Size Square Feet259000
MLS AreaCHI - Loop
Net Operating Income0
Operating Expense0
Property SubTypeOffice
Property TypeCommercial Sale
Property TypeOffice/Tech
Standard StatusActive
StatusActive
Stories21
Tax Annual Amount0
Tax Year2021
Year Built1914

Exterior for 50 E Washington Street

Building Area Total259000
Lot Dimensions259000

Additional Details

Price History

Worth Clark

Price $635,502
MLS#11891315
List Date 09/20/2023
Property Type Commercial
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