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121 W Wacker Dr - 121 West Wacker Bureaux/Local commercial | 39 592 m² | À vendre | Chicago, IL 60601
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Informations principales sur l'investissement
- Prime riverfront location at the nexus of Wacker Drive and LaSalle Street, offering unmatched visibility and access
- Diverse tenant base with small suite sizes supports leasing flexibility and stability
- Art Deco architecture and modern upgrades combine to attract today’s image-conscious tenants
- Renovated lobby and 24th-floor amenity center enhance tenant experience and leasing appeal
- Street-level retail component adds income diversity and future upside potential
- Proven leasing velocity and rental rate growth driven by repositioning success
Résumé analytique
121 West Wacker presents a rare opportunity to acquire a majority interest in a repositioned, Art Deco office tower in the heart of downtown Chicago. Situated prominently along the Chicago River at the intersection of Wacker Drive and LaSalle Street, this 41-story architectural icon offers investors a compelling blend of historical character and modern functionality. The building has undergone a comprehensive renovation, including a refreshed lobby and a 24th-floor tenant amenity center, positioning it as a preferred destination for tenants seeking a central, transit-oriented location with vintage charm. Currently 63% leased to a diverse mix of 54 tenants, the property benefits from a granular rent roll and a balanced rollover schedule, with a weighted average lease term of four years. Ownership has achieved above-market leasing velocity, driven by the building’s irreplaceable location and upgraded infrastructure. The offering includes 426,161 square feet of net rentable area, representing 96.6% of the building’s total, and includes valuable street-level retail that diversifies income and offers additional upside. With its fortress riverfront positioning, timeless design, and proven leasing momentum, 121 West Wacker offers investors a stable, income-producing asset with long-term value appreciation potential in one of the nation’s most resilient office markets.
1 Lot disponible
- Lot
- Surface du lot
- Usage du lot en coprop.
- Prix
- RNE
| Type de vente | Investissement |
| Type de vente | Investissement |
| Lot | Surface du lot | Usage du lot en coprop. | Prix | RNE |
| Lot Floors UG-41 | 39 592 m² | Bureaux/Local commercial | Sur demande | - |
Lot Floors UG-41
| Surface du lot |
| 39 592 m² |
| Usage du lot en coprop. |
| Bureaux/Local commercial |
| Prix |
| Sur demande |
| RNE |
| - |
Lot Floors UG-41
| Surface du lot | 39 592 m² |
| Usage du lot en coprop. | Bureaux/Local commercial |
| Prix | Sur demande |
| RNE | - |
| Type de vente | Investissement |
| Description | |
| These condos represents 95% of the building SF.</li></ul> |
Informations sur l’immeuble
| Surface totale de l’immeuble | 40 973 m² | Surface type par étage | 1 486 m² |
| Type de bien | Bureau (Lot en copropriété) | Année de construction | 1929 |
| Classe d’immeuble | B | Surface du lot | 0,19 ha |
| Étages | 41 | Ratio de stationnement | 0,02/1 000 m² |
| Zonage | DC-16, Chicago - Quartier central du centre-ville | ||
| Surface totale de l’immeuble | 40 973 m² |
| Type de bien | Bureau (Lot en copropriété) |
| Classe d’immeuble | B |
| Étages | 41 |
| Surface type par étage | 1 486 m² |
| Année de construction | 1929 |
| Surface du lot | 0,19 ha |
| Ratio de stationnement | 0,02/1 000 m² |
| Zonage | DC-16, Chicago - Quartier central du centre-ville |
Caractéristiques
- Accès 24 h/24
- Banque
- Installations de conférences
- Centre de fitness
- Property Manager sur place
- Restaurant
- Signalisation
- Terrasse sur le toit
Présenté par
121 W Wacker Dr - 121 West Wacker
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