Office for Sale in Chicago, IL
- Price: Contact for price
- Listing type: For sale
- Asset type: Office
- Location: Chicago, IL 60607
Description
660,000 SF Office Available, Tallest Building in Fulton - Tallest building in Fulton. - Protected, unencumbered views (historically protected). - 35K Sq Ft park with restaurant. - Below grade parking (180 stalls). - Private lobby opportunities. - 14’ 6” floor to floor levels 19, 22-25 (flat slab). - 17’ 0” floor to floor at level 21 (flat slab). - 16’ 0” floor to floor at level 20 (flat slab). - 1 private balcony per floor. - Large private outdoor terrace walkouts. - Multiple anchor signage opportunities. - Tapering floorplates for maximum light and air. - Tenant amenities on full floors 14 and 26.
Market Context
This office in Chicago, IL is listed for sale. It has been on the market for 148 days. Compare it against other office listings for sale in Chicago, IL — <a href="/search/sale/office/illinois/chicago">view the full market</a>.
As of Q1 2026, the Chicago office market showed a 26.9% vacancy rate, average asking rents near $45.41/SF/yr, rents up 5.2% year over year, and cap rates around 9.8%. Source: Consensus Q1 2026 market report.
Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Office market FAQ
- What is the typical cap rate for office in Chicago?
- About 9.8% as of Q1 2026, per Consensus.
- Is the Chicago office market tightening or softening?
- Vacancy is around 26.9%, with asking rents rising year over year (Q1 2026).
Unified Estimate
Medium Confidence$44.18/SF – $59.78/SF
Mid: $51.98/SF
Rate estimator only; cost-of-business estimate unavailable.
Contact
- Dan Lyne · 312 416 3077 · dan.lyne@cbre.com
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