IL
Cook
Chicago
60602
50 E Washington Street
50 E Washington Street, Chicago, IL 60602
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Listing Type
Commercial/Industrial
Listing Status
active
5
$1,250,000

Home Details for 50 E Washington Street

Price
$1,250,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
0.0
Square feet
259000
Year built
1914
County
Cook
Garage
Days on site
637
MLS Listing#
11891272
Property Description

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.

Property Features
  • Cooling Information
    • Central Air
Listing Courtesy: Millennium Properties RE, Inc. - 312-338-3000
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2025-09-04 01:13:30. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2025-09-04 01:13:30
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EXIT INFINITY REALTY
1621 W. Walnut St #100, Chicago, IL 60612
Office
312 834 4383
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