191 W Adams St - Office CONDO FOR SALE
Chicago, IL 60603 |
191 W Adams St
Chicago, IL 60603
HIGHLIGHTS
- Positioned Directly Beneath Quincy “L” Station — With Over 2.2 Million Annual Riders
- Located in the Heart of the Loop With a Daytime Population of Over 931,019 Within a Three-Mile Radius
- Rental Increases Every Five Years in Both Initial Term and Options
- Historic Downtown Location With Recent $396 Million Restoration to JW Marriott Hotel and $130 Million Development of The LaSalle Chicago Hotel
- Rapidly Growing Local Population — Estimated Growth Rate of 6.57% Within One-Mile Radius
- Within Blocks of Google’s New Tech Hub at the Thompson Center, Designed by Helmut Jahn and Currently Being Renovated to Suit Google Offices
OVERVIEW
Designed by renowned architect Daniel Burnham, 208 S. LaSalle St. is a 1.1 million-square-foot mixed-use building that includes the 610-key JW Marriott Chicago Hotel, the 232-key The LaSalle Chicago Autograph Collection hotel (opened 2022), and 221,000 square feet of office space. Located on the hard corner of Wells and Adams streets, the Property sits in Chicago’s central Loop and financial district, and is also positioned directly beneath one of the busiest “L” stops in downtown Chicago. The Property is only one block from Willis Tower, one block from the 591,845-square-foot new home of the State of Illinois offices, three blocks from Amtrak and Metra trains at Union Station, and five blocks from Google’s upcoming tech hub. Neighboring retail tenants include McDonald’s, Walgreens, Blackwood BBQ, Subway, FedEx, Starbucks and Citibank.
FOR SALE DETAILS
PRICE
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CAP RATE
-
% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
7-Eleven, 191 W. Adams St.
PROPERTY TYPE
Office
ADD'L SUBTYPES
Convenience Store, Storefront
TOTAL BUILDING SIZE
1100000
STORIES
22
BUILDING CLASS
B
YEAR BUILT
1914
SPRINKLERS
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PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.39 AC AC
LAND SF
60,548 SF
ZONING
-
APN/PARCEL ID
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