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225 West Wacker 225 W Wacker Dr 650,812 SF 84% Leased 4-Star Office Building Chicago, IL 60606 For Sale

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Investment Highlights

  • Iconic, Trophy-Quality, Riverfront Office Tower with Coveted Wacker Drive Address
  • Global Headquarters - Quality Office Tower
  • Discount to Replacement Costs with Limited Pipeline Looking Forward
  • Transformative Building Renovation & Amenitization
  • "Y" in the Chicago River: Downtown Chicago's "Main-and-Main" Fortress Location

Executive Summary

Set along the iconic bend of the Chicago River, 225 West Wacker Drive presents a rare opportunity to acquire a headquarters-quality Class A office tower in one of the nation’s premier urban cores. Cushman & Wakefield’s National Office Investment Advisory Group has been exclusively retained to market the 100 percent fee simple interest in this architecturally significant 31-story asset. Featuring design collaboration between Kohn Pederson Fox and Perkins+Will, the tower delivers a modern, light-filled workplace environment distinguished by its panoramic riverfront views and presence along Chicago’s celebrated Riverwalk.
The property totals 650,812 square feet and has undergone a series of transformative renovations since 2020, positioning it among the most desirable office offerings in downtown Chicago. Recent enhancements include an elevated lobby experience, upgraded tenant amenities, refreshed common areas, and modernization of major building systems. These improvements align the asset with the evolving demands of post-pandemic occupancy trends and create an immediate runway for value creation under new ownership.
Strategically located at the southern transition of Wacker Drive, 225 West Wacker sits at Chicago’s “Main-and-Main” address—placing tenants at the nexus of River North, the West Loop, and Fulton Market. This walkable and amenity-rich environment continues to be the city’s most competitive business district, with deep talent access and connectivity to all CTA and Metra transit lines. As Chicago’s office market continues its recovery and leasing momentum accelerates, the property is primed to benefit from increased tenant demand, improved rental rate trajectories, and sustained absorption within the core CBD.
This Offering represents a compelling opportunity to acquire a modernized, institutionally maintained, riverfront office tower with significant operational upside at a time when high-quality assets are positioned to outperform the broader market.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
650,812 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1989/2023
Percent Leased
84%
Tenancy
Multiple
Building Height
31 Stories
Typical Floor Size
25,037 SF
Slab To Slab
13’
Building FAR
18.91
Lot Size
0.79 AC
Zoning
DC-16 - Downtown Core District
Parking
233 Spaces (0.36 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Atrium
  • Banking
  • Controlled Access
  • Concierge
  • Conferencing Facility
  • Convenience Store
  • Fitness Center
  • Property Manager on Site
  • Restaurant
  • Security System
  • Energy Star Labeled

Sustainability

LEED Certified
Gold
LEED certification is a globally recognized symbol of sustainability achievement.

Sustainability

LEED Certification Developed by the U.S. Green Building Council (USGBC), the Leadership in Energy and Environmental Design (LEED) is a green building certification program focused on the design, construction, operation, and maintenance of green buildings, homes, and neighborhoods, which aims to help building owners and operators be environmentally responsible and use resources efficiently. LEED certification is a globally recognized symbol of sustainability achievement and leadership. To achieve LEED certification, a project earns points by adhering to prerequisites and credits that address carbon, energy, water, waste, transportation, materials, health and indoor environmental quality. Projects go through a verification and review process and are awarded points that correspond to a level of LEED certification: Platinum (80+ points) Gold (60-79 points) Silver (50-59 points) Certified (40-49 points)

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 4th Fl-Ste 425
  • 2,919 SF
  • Office
  • Full Build-Out
  • Now
  • 5th Fl-Ste 550
  • 9,481 SF
  • Office
  • Full Build-Out
  • Now
  • 6th Fl-Ste 601
  • 11,823 SF
  • Office
  • Full Build-Out
  • Now
  • 7th Fl-Ste 725
  • 8,335 SF
  • Office
  • Full Build-Out
  • 30 Days
  • 8th Fl-Ste 850
  • 5,518 SF
  • Office
  • Full Build-Out
  • Now
  • 14th Fl-Ste 1400
  • 25,038 SF
  • Office
  • Full Build-Out
  • Now

Rental rate is $30.00- $31.00 depending on TI and term.

  • 22nd Fl-Ste 2200
  • 8,004 SF
  • Office
  • -
  • Now
  • 22nd Fl-Ste 2275
  • 4,500 SF
  • Office
  • -
  • Now
  • 23rd Fl-Ste 2300
  • 26,001 SF
  • Office
  • Full Build-Out
  • Now

Unique full floor opportunity, high quality second generation, incredible river views. Furniture available.

  • 27th Fl-Ste 2700
  • 7,711 SF
  • Office
  • -
  • Now
Space Size Space Use Condition Available
4th Fl-Ste 425 2,919 SF Office Full Build-Out Now
5th Fl-Ste 550 9,481 SF Office Full Build-Out Now
6th Fl-Ste 601 11,823 SF Office Full Build-Out Now
7th Fl-Ste 725 8,335 SF Office Full Build-Out 30 Days
8th Fl-Ste 850 5,518 SF Office Full Build-Out Now
14th Fl-Ste 1400 25,038 SF Office Full Build-Out Now
22nd Fl-Ste 2200 8,004 SF Office - Now
22nd Fl-Ste 2275 4,500 SF Office - Now
23rd Fl-Ste 2300 26,001 SF Office Full Build-Out Now
27th Fl-Ste 2700 7,711 SF Office - Now

4th Fl-Ste 425

Size
2,919 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

5th Fl-Ste 550

Size
9,481 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

6th Fl-Ste 601

Size
11,823 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

7th Fl-Ste 725

Size
8,335 SF
Space Use
Office
Condition
Full Build-Out
Available
30 Days

8th Fl-Ste 850

Size
5,518 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

14th Fl-Ste 1400

Size
25,038 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

22nd Fl-Ste 2200

Size
8,004 SF
Space Use
Office
Condition
-
Available
Now

22nd Fl-Ste 2275

Size
4,500 SF
Space Use
Office
Condition
-
Available
Now

23rd Fl-Ste 2300

Size
26,001 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

27th Fl-Ste 2700

Size
7,711 SF
Space Use
Office
Condition
-
Available
Now

14th Fl-Ste 1400

Size 25,038 SF
Space Use Office
Condition Full Build-Out
Available Now

Rental rate is $30.00- $31.00 depending on TI and term.

22nd Fl-Ste 2200

Size 8,004 SF
Space Use Office
Condition -
Available Now

23rd Fl-Ste 2300

Size 26,001 SF
Space Use Office
Condition Full Build-Out
Available Now

Unique full floor opportunity, high quality second generation, incredible river views. Furniture available.

Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 17-09-413-002-0000
  • 17-09-413-001-0000
  • 17-09-415-001-0000
  • 17-09-415-002-0000
  • 17-09-415-003-0000
  • 17-09-415-004-0000
  • 17-09-413-003-0000
Land Assessment
$4,607,156 CAD
Improvements Assessment
$51,056,072 CAD
Total Assessment
$55,663,228 CAD
  • Listing ID: 39600767

  • Date on Market: 2026-02-27

  • Last Updated:

  • Address: 225 W Wacker Dr, Chicago, IL 60606

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