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800 W Washington

800 W Washington, Chicago, IL 60607

  • For Sale Call for Pricing
  • Property Type Retail - Freestanding
  • Property Size 15,828 SF
  • Date Updated Jun 29, 2022
The Fulton Market/West Loop is Chicago’s former warehouse district and is among the most rapidly developing neighborhoods in the country and recently ranked by TimeOut as one of the top 20 coolest neighborhoods in the world. Originally a mix of factories, meat markets, and wholesale produce outlets, the neighborhood has seen a major demographic shift over the last decade. The historic brick and timber loft buildings that define the neighborhood have largely been converted to other uses, including a mix of luxury condos, creative offices, art galleries, critically acclaimed restaurants, hotels, and retail boutiques. The area has evolved into a must-see destination for locals and visitors. With new restaurant concepts opening on almost a weekly basis, the area boasts everything from Randolph Street’s Restaurant Row, nine Michelin Star Restaurants, sixteen Michelin Recognized Restaurants and some of Chicago’s most desirable shopping (Lululemon, Uncommon James, Billy Reid, Anthropologie, Allbirds, Free People, among others). The neighborhood’s international reputation continues to grow with the expansion of Google’s Midwest headquarters, and the opening of McDonald’s Global headquarters, Soho House hotel, Nobu Restaurant and hotel, Hoxton hotel, the We Work co-working building, Punch Bowl Social and The Emily Hotel. Other companies calling the West Loop home include Uber, Ernst & Young, WPP, LinkedIn and Twitter. Excellent public transportation options including Metra train access at Ogilvie and Union Station combined with one of the city’s newest CTA stations with an annual ridership of almost 1 million passengers yearly. The Morgan and Lake station will continue to attract businesses and residents alike, making the West Loop one of Chicago’s most exciting and desirable neighborhoods.
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Location

  • City Chicago, IL
  • Neighborhood Fulton Market
  • Zip Code 60607
  • Market Chicago

Contacts

Scott Maesel

SVN | Chicago Commercial

(312) 676-1860

Highlights

  • Fully stabilized mixed-use investment offering with 3.4-year WALT remaining and ~$625,000 of in-place NOI.
  • Excellent corner Fulton Market/West Loop location. Near-term ability to increase the property’s NOI due to the top floor lease going to market on 8/31/2023.
  • Potential development upside due to DX-5 “By-Right” zoning designation (50,295 build SF) and potential for increased density due to recently achieved projects surrounding the property (8.1 - 11.5 FAR).
  • Strong credit tenancy includes BMO Harris, Kenna Security (a subsidiary of Cisco Systems, Inc), State Farm,
  • Tufenkian Artisan Carpets and a to-be-announced restaurant concept from a renowned chef.
  • Immediately adjacent to Soho House Chicago, Whole Foods, future home of Equinox West Loop and Chicago’s Restaurant Row.
  • Includes thirteen (13) dedicated on-site parking spots.
  • 2018 complete renovation including new interior buildout, new windows, new mechanical systems, a new roof and roof deck penthouse.
  • In the immediate vicinity of high-density luxury residential existing/planned/under construction luxury residential projects.
  • Surrounded by recently announced high-profile Fulton Market HQs including Google, McDonald’s, WPP, Tik Tok, Ernst & Young, John Deere, Aspen Dental, Kimberly-Clark, Tock, CCC, MoLo Solutions and more.
  • Walking distance to Morgan CTA L Station, Union Station and Ogilvie Transportation Center.
  • Easy on/off access to I-90/94 Expressway.

Frequently Asked Questions

What is the total square footage of 800 W Washington?

800 W Washington totals 15,828 square feet.

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Attachments

Contact Listing Broker

Scott Maesel

SVN | Chicago Commercial

(312) 676-1860

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