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$1,250,000
259,000
square ft

50 E Washington Street
Chicago, Illinois 60602

Active / MLS #11891272 / Institutional or Developmental / Loop
Listing information updated 10/21/2025 at 3:23pm
A 12,386 square foot turn-key condominium situated on the northeast corner of Wabash Avenue and Washington Street in the Jewelers Row District. Located on the third floor, the suite is built-out with high-end finishes and benefits from incredible unobstructed views of Lake Michigan, Millennium Park, and the city. The unit has been improved with numerous offices, conference rooms, a kitchen and is in move-in condition. Because the space can be easily sub-divided, this is the perfect opportunity for a user or investor. There is also the potential for SBA financing which offers low interest rates and favorable terms. The unit is part of the historic 21-story Garland Building, which was constructed in 1914 and contains 259,000 square feet of commercial space and has approximately 170 units. The property continues to sustain high occupancy levels with stable long-term tenants from the medical, dental, financial, legal and non-profits sectors. On-site valet parking is available. The East Loop submarket is a highly desirable location due to its proximity to government buildings, restaurants, shopping, entertainment and other amenities. Specifically, this high visibility location is just a few blocks away from Millennium Park and has easy access to public transportation, parking and expressways. This busy corridor benefits from the high traffic and foot counts.
Built:
1914
Cooling System:
Central Air
Stories:
21
Rentable Square Feet:
12,386
Building Square Feet:
259,000
Tax Amount:
N/A
Tax Year:
2021
Zip Code:
60602
City:
Chicago
County:
Cook

Listing Office: Millennium Properties RE, Inc.

Listing Office Phone: 312.338.3000

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 10/21/2025 at 3:23pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

Loop

Loop, IL

Chicago’s iconic business district has embraced the beauty of balance. Once considered all business, The Loop has become an increasingly popular place to live, work, and play. The Loop’s evolution began in the 1990s as developers built new high-rises and repurposed office buildings for residenti...

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$629,339
Average Sale Price
77
Average Days On The Market
98%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 50 E Washington Street, Chicago, IL 60602
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50 E Washington Street, Chicago, IL 60602 is a institutional or developmental currently listed at $1,250,000. This institutional or developmental has been listed on @properties Christie's International Real Estate since September 21st, 2023 and was built in 1914. The nearest transit stops include Washington CTA Blue line and Millenium Station Metra Metra Electric Main Branch line.

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