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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
  • Unit 3rd to 5th
  • 41,235 SF
  • Office
  • Upon Request
  • -
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.
  • Unit 300
  • 13,315 SF
  • Office/Medical
  • $650,000 ($48.82/SF)
  • -
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
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
  • Unit 400 & 402
  • 15,198 SF
  • Office
  • Upon Request
  • -
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)
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)
  • Unit 500 to 518
  • 12,722 SF
  • Office
  • Upon Request
  • -
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)
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)
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
-

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>

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> *&#177; 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 &amp; 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>

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 &amp; 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> &#177;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&#39;s and Women&#39;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 &amp; 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> &#177;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&#39;s and Women&#39;s Restrooms<br> 10’0” finished ceiling height (11’0” exposed ceiling height)</li></ul>

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 &amp; 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> &#177;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&#39;s and Women&#39;s Restrooms <br> 10’0” finished ceiling height (11’0” exposed ceiling height)</li></ul>
Sale Notes
*Owner-occupied space.&nbsp;&nbsp;<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 &amp; 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> &#177;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&#39;s and Women&#39;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.
Total Building Size 345,000 SF
Property Type
Office
  • OfficeLoft Creative Space
Building Class B
Floors 22
Typical Floor Size 11,773 SF
Year Built 1919
Lot Size 0.36 AC
Parking Ratio 0.02/1,000 SF
Zoning DX-16 - Downtown Mixed-Use District

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
  • Listing ID: 39546404

  • Date on Market: 2/23/2026

  • Last Updated:

  • Address: 50 E Washington St, Chicago, IL 60602

Contact the Sale Advisor

50 E Washington St - Garland Building

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