The Chicago Real Estate Market Has New Office Condos

Perfect for doctors, attorneys, therapists and small businesses, 55 East WackerA is an interesting office condo building …to have your cleints visit.  Instead of renting, you can own the space with all the amenities you need to run your business.

The office condo building also has city approval for vertical subdivision, allowing an owner the flexibility of adding or reducing the size of the space without the need for a zoning change or association approval.

55 East Wacker is a very neat building in the heart of the business district.  There are some stunning views from the building, which was built in 1968 as the headquaters for BlueCross BlueShield of Illinois. The building was completely renovated in 1987, and there have been a lot of recent capital improvements.

I recommend that if you are interested in this type of space that we review the property report very carefully to see exactly what upgrades have been done. What is really nice about the building is it’s 9 foot ceilings and column-free floor plates, which allow maximum space planning. The vertical subdivision feature will allow owners to buy and sell portions of space without zoning changes or association approvals.

There will also be some nice amenities that should help for future resales. A full-service health club will be in the building as well as a bank with an ATM. Heated indoor parking is also available which starts at $60,000.

If you are interested in this type of building for your business needs, please call me at 312.264.5853 and I will set up an appointment for you to see the office space.

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