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50 E Washington St - Garland Building 12,722 - 41,235 SF Condo Units Offered at $650,000 Per Unit in Chicago, IL 60602



Investment Highlights
- Full floor owner user opportunity
- High-end buildout
Executive Summary
• Millennium Park/Michigan Ave is one block away • CTA “El” Station Entrance(Washington/ Wabash) across the street • Metra’s Millennium Station is one block away • Abundant parking at the Grant Park North Garage and the Wabash-Randolph Garage • Pedway access across the street • Located between Macy’s and the Chicago Cultural Center
4 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
The Entire 3rd, 4th, and 5th floors are available.
Sale Notes
See individual listings for the 3rd, 4th, and 5th floors.
| Sale Type | Investment or Owner User | APN/Parcel ID | 17-10-309-016-1006, 17-10-309-016-1007, 17-10-309-016-1008 |
| Sale Conditions | Distress Sale, REO Sale |
| Sale Type | Investment or Owner User |
| Sale Conditions | Distress Sale, REO Sale |
| APN/Parcel ID | 17-10-309-016-1006, 17-10-309-016-1007, 17-10-309-016-1008 |
Description
*Entire 3rd Floor
*Fully Furnished Suite (including Computer Monitors and Phones)
*± 13,315 RSF
*28 Private Offices (17 on Window Line + 11 Interior Offices)
*5 Workstations
*Formal Reception and Waiting Area with Seating for 18
*Large Conference Hall / Group Meeting Area
*Kitchen & Employee Lounge Area w/ Lockers
*Dedicated IT Room and Storage Rooms
*Men’s and Women’s Restrooms+ 2 Additional Private Stalls
*9’0” dropped ceiling height (11’11” floor-to-slab height)
*2’x’2’ ceiling grid with contemporary light fixtures
*Secure elevator access with smartphone app
*Views of Millennium Park and Lake Michigan
*Fully Furnished Suite (including Computer Monitors and Phones)
*± 13,315 RSF
*28 Private Offices (17 on Window Line + 11 Interior Offices)
*5 Workstations
*Formal Reception and Waiting Area with Seating for 18
*Large Conference Hall / Group Meeting Area
*Kitchen & Employee Lounge Area w/ Lockers
*Dedicated IT Room and Storage Rooms
*Men’s and Women’s Restrooms+ 2 Additional Private Stalls
*9’0” dropped ceiling height (11’11” floor-to-slab height)
*2’x’2’ ceiling grid with contemporary light fixtures
*Secure elevator access with smartphone app
*Views of Millennium Park and Lake Michigan
Sale Notes
*Lender Owned
*Currently no property taxes (condo previously owned by tax-exempt entity)
*Entrance / Lobby for Floors 2 thru 5 at 50 E Washington St
*24-hour door staff and security
*Professional on-site management
*Fully sprinklered
*DX-16 Zoning
*34th Ward - Ald. Bill Conway
*Currently no property taxes (condo previously owned by tax-exempt entity)
*Entrance / Lobby for Floors 2 thru 5 at 50 E Washington St
*24-hour door staff and security
*Professional on-site management
*Fully sprinklered
*DX-16 Zoning
*34th Ward - Ald. Bill Conway
| Sale Type | Owner User | APN/Parcel ID | 17-10-309-016-1178, 17-10-309-016-1009, 17-10-309-016-1010 |
| Sale Type | Owner User |
| APN/Parcel ID | 17-10-309-016-1178, 17-10-309-016-1009, 17-10-309-016-1010 |
Description
Plug & play, high-end, full-floor office condo with an interior staircase connecting the 4th and 5th floors (sold together or separately). Excellent owner-user opportunity.
Space Specifications:
Entire 4th Floor
Fully Furnished Suite
±15,198 RSF
22 Private Offices with glass fronts (20 on Window Line and 2 Interior Offices)
17 Workstations
3 Conference Rooms w/ 6 to 8-Seats
1 Boardroom w/ 22-Seats
Formal Reception area with seating
1 Kitchen w/ Seating Area and 1 Kitchenette/Coffee Bar
Wellness Room
Work and Storage Rooms, IT Closet
Men's and Women's Restrooms
10’0” finished ceiling height (11’0” exposed ceiling height)
Space Specifications:
Entire 4th Floor
Fully Furnished Suite
±15,198 RSF
22 Private Offices with glass fronts (20 on Window Line and 2 Interior Offices)
17 Workstations
3 Conference Rooms w/ 6 to 8-Seats
1 Boardroom w/ 22-Seats
Formal Reception area with seating
1 Kitchen w/ Seating Area and 1 Kitchenette/Coffee Bar
Wellness Room
Work and Storage Rooms, IT Closet
Men's and Women's Restrooms
10’0” finished ceiling height (11’0” exposed ceiling height)
Sale Notes
*Owner-occupied suite
*Up to 16 deeded parking spaces available in the adjacent Heritage Bldg. Garage.
*There is a separate entrance and lobby for Floors 2 through 5 at 50 E Washington St
*24-hour door staff and security
Plug & play, high-end, full-floor office condo with an interior staircase connecting the 4th and 5th floors (sold together or separately). Excellent owner-user opportunity.
Entire 4th Floor
±15,198 RSF
22 Private Offices with glass fronts (20 on Window Line and 2 Interior Offices)
17 Workstations
3 Conference Rooms w/ 6 to 8-Seats
1 Boardroom w/ 22-Seats
Formal Reception area with seating
1 Kitchen w/ Seating Area and 1 Kitchenette/Coffee Bar
Wellness Room
Work and Storage Rooms, IT Closet
Men's and Women's Restrooms
10’0” finished ceiling height (11’0” exposed ceiling height)
*Up to 16 deeded parking spaces available in the adjacent Heritage Bldg. Garage.
*There is a separate entrance and lobby for Floors 2 through 5 at 50 E Washington St
*24-hour door staff and security
Plug & play, high-end, full-floor office condo with an interior staircase connecting the 4th and 5th floors (sold together or separately). Excellent owner-user opportunity.
Entire 4th Floor
±15,198 RSF
22 Private Offices with glass fronts (20 on Window Line and 2 Interior Offices)
17 Workstations
3 Conference Rooms w/ 6 to 8-Seats
1 Boardroom w/ 22-Seats
Formal Reception area with seating
1 Kitchen w/ Seating Area and 1 Kitchenette/Coffee Bar
Wellness Room
Work and Storage Rooms, IT Closet
Men's and Women's Restrooms
10’0” finished ceiling height (11’0” exposed ceiling height)
| Sale Type | Owner User | APN/Parcel ID | 17-10-309-016-1011, 17-10-309-016-1012, 17-10-309-016-1014, 17-10-309-016-1015, 17-10-309-016-1016, 17-10-309-016-1017, 17-10-309-016-1018, 17-10-309-016-1019, 17-10-309-016-1020, 17-10-309-016-1021 |
| Sale Type | Owner User |
| APN/Parcel ID | 17-10-309-016-1011, 17-10-309-016-1012, 17-10-309-016-1014, 17-10-309-016-1015, 17-10-309-016-1016, 17-10-309-016-1017, 17-10-309-016-1018, 17-10-309-016-1019, 17-10-309-016-1020, 17-10-309-016-1021 |
Description
Plug & play, high-end, full-floor office condo with an interior staircase connecting the 4th and 5th floors (sold together or separately). Excellent owner-user opportunity.
Entire 5th Floor:
±12,722 RSF
26 Private Offices w/ glass fronts (20 on Window Line and 6 Interior Offices)
6 Workstations w/ room to expand
Interior Suite w/ Seating for 8 and Kitchenette
4 Conference Rooms w/ 6 to 8-Seats
1 Boardroom w/ 14-Seats and Dedicated Kitchen
Open Kitchen and Abundant Soft Seating
Fitness Room, Bike Closet, and Private Restroom w/ Shower
Work and Storage Rooms, IT Closet
Men's and Women's Restrooms
10’0” finished ceiling height (11’0” exposed ceiling height)
Entire 5th Floor:
±12,722 RSF
26 Private Offices w/ glass fronts (20 on Window Line and 6 Interior Offices)
6 Workstations w/ room to expand
Interior Suite w/ Seating for 8 and Kitchenette
4 Conference Rooms w/ 6 to 8-Seats
1 Boardroom w/ 14-Seats and Dedicated Kitchen
Open Kitchen and Abundant Soft Seating
Fitness Room, Bike Closet, and Private Restroom w/ Shower
Work and Storage Rooms, IT Closet
Men's and Women's Restrooms
10’0” finished ceiling height (11’0” exposed ceiling height)
Sale Notes
*Owner-occupied space.
*Up to 16 deeded parking spaces available in the adjacent Heritage Bldg. Garage.
*There is a separate entrance and lobby for Floors 2 through 5 at 50 E Washington St
*24-hour door staff and security
Plug & play, high-end, full-floor office condo with an interior staircase connecting the 4th and 5th floors (sold together or separately). Excellent owner-user opportunity.
Entire 5th Floor:
±12,722 RSF
26 Private Offices w/ glass fronts (20 on Window Line and 6 Interior Offices)
6 Workstations w/ room to expand
Interior Suite w/ Seating for 8 and Kitchenette
4 Conference Rooms w/ 6 to 8-Seats
1 Boardroom w/ 14-Seats and Dedicated Kitchen
Open Kitchen and Abundant Soft Seating
Fitness Room, Bike Closet, and Private Restroom w/ Shower
Work and Storage Rooms, IT Closet
Men's and Women's Restrooms
10’0” finished ceiling height (11’0” exposed ceiling height)
*Up to 16 deeded parking spaces available in the adjacent Heritage Bldg. Garage.
*There is a separate entrance and lobby for Floors 2 through 5 at 50 E Washington St
*24-hour door staff and security
Plug & play, high-end, full-floor office condo with an interior staircase connecting the 4th and 5th floors (sold together or separately). Excellent owner-user opportunity.
Entire 5th Floor:
±12,722 RSF
26 Private Offices w/ glass fronts (20 on Window Line and 6 Interior Offices)
6 Workstations w/ room to expand
Interior Suite w/ Seating for 8 and Kitchenette
4 Conference Rooms w/ 6 to 8-Seats
1 Boardroom w/ 14-Seats and Dedicated Kitchen
Open Kitchen and Abundant Soft Seating
Fitness Room, Bike Closet, and Private Restroom w/ Shower
Work and Storage Rooms, IT Closet
Men's and Women's Restrooms
10’0” finished ceiling height (11’0” exposed ceiling height)
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 3rd to 5th | 41,235 SF | Office | Upon Request | - |
| Unit 300 | 13,315 SF | Office/Medical | $650,000 ($48.82/SF) | - |
| Unit 400 & 402 | 15,198 SF | Office | Upon Request | - |
| Unit 500 to 518 | 12,722 SF | Office | Upon Request | - |
Unit 3rd to 5th
| Unit Size |
| 41,235 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| - |
Unit 300
| Unit Size |
| 13,315 SF |
| Condo Use |
| Office/Medical |
| Price |
| $650,000 ($48.82/SF) |
| NOI |
| - |
Unit 400 & 402
| Unit Size |
| 15,198 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| - |
Unit 500 to 518
| Unit Size |
| 12,722 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| - |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 3rd to 5th
| Unit Size | 41,235 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| The Entire 3rd, 4th, and 5th floors are available.</li></ul> | |
| Sale Notes | |
| See individual listings for the 3rd, 4th, and 5th floors.</li></ul> |
1 of 22
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 300
| Unit Size | 13,315 SF |
| Condo Use | Office/Medical |
| Price | $650,000 ($48.82/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Sale Conditions | Distress Sale, REO Sale |
| APN/Parcel ID | 17-10-309-016-1006, 17-10-309-016-1007, 17-10-309-016-1008 |
| Description | |
| *Entire 3rd Floor<br> *Fully Furnished Suite (including Computer Monitors and Phones)<br> *± 13,315 RSF<br> *28 Private Offices (17 on Window Line + 11 Interior Offices)<br> *5 Workstations<br> *Formal Reception and Waiting Area with Seating for 18<br> *Large Conference Hall / Group Meeting Area<br> *Kitchen & Employee Lounge Area w/ Lockers<br> *Dedicated IT Room and Storage Rooms<br> *Men’s and Women’s Restrooms+ 2 Additional Private Stalls<br> *9’0” dropped ceiling height (11’11” floor-to-slab height)<br> *2’x’2’ ceiling grid with contemporary light fixtures<br> *Secure elevator access with smartphone app<br> *Views of Millennium Park and Lake Michigan</li></ul> | |
| Sale Notes | |
| *Lender Owned<br> *Currently no property taxes (condo previously owned by tax-exempt entity)<br> *Entrance / Lobby for Floors 2 thru 5 at 50 E Washington St<br> *24-hour door staff and security<br> *Professional on-site management<br> *Fully sprinklered<br> *DX-16 Zoning<br> *34th Ward - Ald. Bill Conway</li></ul> |
1 of 24
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 400 & 402
| Unit Size | 15,198 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | - |
| Sale Type | Owner User |
| APN/Parcel ID | 17-10-309-016-1178, 17-10-309-016-1009, 17-10-309-016-1010 |
| Description | |
| Plug & play, high-end, full-floor office condo with an interior staircase connecting the 4th and 5th floors (sold together or separately). Excellent owner-user opportunity.<br> <br> Space Specifications:<br> Entire 4th Floor<br> Fully Furnished Suite<br> ±15,198 RSF<br> 22 Private Offices with glass fronts (20 on Window Line and 2 Interior Offices)<br> 17 Workstations<br> 3 Conference Rooms w/ 6 to 8-Seats<br> 1 Boardroom w/ 22-Seats <br> Formal Reception area with seating<br> 1 Kitchen w/ Seating Area and 1 Kitchenette/Coffee Bar<br> Wellness Room<br> Work and Storage Rooms, IT Closet<br> Men's and Women's Restrooms<br> 10’0” finished ceiling height (11’0” exposed ceiling height)</li></ul> | |
| Sale Notes | |
| *Owner-occupied suite<br> *Up to 16 deeded parking spaces available in the adjacent Heritage Bldg. Garage.<br> *There is a separate entrance and lobby for Floors 2 through 5 at 50 E Washington St<br> *24-hour door staff and security<br> <br> Plug & play, high-end, full-floor office condo with an interior staircase connecting the 4th and 5th floors (sold together or separately). Excellent owner-user opportunity.<br> <br> Entire 4th Floor<br> ±15,198 RSF<br> 22 Private Offices with glass fronts (20 on Window Line and 2 Interior Offices)<br> 17 Workstations<br> 3 Conference Rooms w/ 6 to 8-Seats<br> 1 Boardroom w/ 22-Seats <br> Formal Reception area with seating<br> 1 Kitchen w/ Seating Area and 1 Kitchenette/Coffee Bar<br> Wellness Room<br> Work and Storage Rooms, IT Closet<br> Men's and Women's Restrooms<br> 10’0” finished ceiling height (11’0” exposed ceiling height)</li></ul> |
1 of 14
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 500 to 518
| Unit Size | 12,722 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | - |
| Sale Type | Owner User |
| APN/Parcel ID | 17-10-309-016-1011, 17-10-309-016-1012, 17-10-309-016-1014, 17-10-309-016-1015, 17-10-309-016-1016, 17-10-309-016-1017, 17-10-309-016-1018, 17-10-309-016-1019, 17-10-309-016-1020, 17-10-309-016-1021 |
| Description | |
| Plug & play, high-end, full-floor office condo with an interior staircase connecting the 4th and 5th floors (sold together or separately). Excellent owner-user opportunity.<br> <br> Entire 5th Floor:<br> ±12,722 RSF<br> 26 Private Offices w/ glass fronts (20 on Window Line and 6 Interior Offices)<br> 6 Workstations w/ room to expand<br> Interior Suite w/ Seating for 8 and Kitchenette<br> 4 Conference Rooms w/ 6 to 8-Seats<br> 1 Boardroom w/ 14-Seats and Dedicated Kitchen<br> Open Kitchen and Abundant Soft Seating <br> Fitness Room, Bike Closet, and Private Restroom w/ Shower <br> Work and Storage Rooms, IT Closet<br> Men's and Women's Restrooms <br> 10’0” finished ceiling height (11’0” exposed ceiling height)</li></ul> | |
| Sale Notes | |
| *Owner-occupied space. <br> *Up to 16 deeded parking spaces available in the adjacent Heritage Bldg. Garage.<br> *There is a separate entrance and lobby for Floors 2 through 5 at 50 E Washington St<br> *24-hour door staff and security<br> <br> Plug & play, high-end, full-floor office condo with an interior staircase connecting the 4th and 5th floors (sold together or separately). Excellent owner-user opportunity.<br> <br> Entire 5th Floor:<br> ±12,722 RSF<br> 26 Private Offices w/ glass fronts (20 on Window Line and 6 Interior Offices)<br> 6 Workstations w/ room to expand<br> Interior Suite w/ Seating for 8 and Kitchenette<br> 4 Conference Rooms w/ 6 to 8-Seats<br> 1 Boardroom w/ 14-Seats and Dedicated Kitchen<br> Open Kitchen and Abundant Soft Seating <br> Fitness Room, Bike Closet, and Private Restroom w/ Shower <br> Work and Storage Rooms, IT Closet<br> Men's and Women's Restrooms <br> 10’0” finished ceiling height (11’0” exposed ceiling height)</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Amenities
- 24 Hour Access
- Controlled Access
- Concierge
- Conferencing Facility
- Convenience Store
- Food Service
- Property Manager on Site
- Signage
- Wheelchair Accessible
- Reception
- Storage Space
- Monument Signage
- Air Conditioning
- On-Site Security Staff
Exceptionally walkable
100/100
Moderately drivable
70/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100
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Contact the Sale Advisor
50 E Washington St - Garland Building







