50 E Washington Street — Chicago, IL 60602
Active
Chicago, IL 60602

50 E Washington Street

$1,250,000
0 beds · 0 baths
Listed at $1,250,000 948 days on market $0/yr taxes
01About this home

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.

02Inside the home
03By the numbers
$1,250,000
List price
Square feet
Bedrooms
Bathrooms
1914
Year built
Lot size
Garage spaces
$0
Annual taxes
Office/Tech
Style
948
Days on market
04Features
Cooling
Central Air
05History

Every event we have for this address, straight from the MLS.

Sep 27, 2023
Listed for sale
Millennium Properties RE, Inc. · 949 days on market
$614,468
Sep 21, 2023
Listed for sale
Millennium Properties RE, Inc.
$614,468
Sep 21, 2023
Listed for saleThis listing
Millennium Properties RE, Inc.
$1,250,000
Sourced from MRED. Older events appear here as our history backfill completes.
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08Similar homes
Listed by Millennium Properties RE, Inc. · Daniel Hyman
MLS data provided through MLS GRID · MRED MLS · MLS# MRD11891272