Union Tower - Office Space Availability

For Lease$24/Sqft/Year See below for details.

550 West Van Buren Street, Chicago, IL 60607

  • Office
  • 63,429 Sqft

Union Tower, Chicago, IL 60607 - Office Space for rent

Union Tower is located at 550 West Van Buren Street in the West Loop neighborhood, IL, Chicago, 60607. The Class A Office building was completed in 1999 and features a total of 332,608 Sqft. There are 9 Office spaces available for lease at 550 West Van Buren Street, Chicago, IL, 60607, totaling 63,429 Sqft. The largest space available has 20,667 Sqft and a rental rate of $24/Sqft/Year.

There are 109 office spaces for lease in the West Loop neighborhood, totaling 2,030,349.93 Sqft of available office space. The average asking office rent per sq. ft. in West Loop is $30.33/sqft/year. For Class A+ office buildings the average office rate is $41/sqft/year, for Class A office buildings the average office rate is $27.53/sqft/year, for Class B office buildings the average office rate is $33.25/sqft/year.

In West Loop, there are 20 class A office buildings. In West Loop, there are a total of 14 LEED certified office buildings. In 1999, the same year Union Tower was built, 21 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Chicago, featuring 577,608 square feet of commercial space. At zip code level, there are 71 commercial properties, of which 68 are office buildings over 50,000 square feet.

Nearby Listings

Nearby Properties

Details

  • Price $24/Sqft/Year
  • City Chicago
  • Neighborhood West Loop
  • Zip Code 60607
  • Property Type Office
  • Property Size 332,608 Sqft
  • Parking Ratio 5.21/ 1,000 SF
  • Building Class A
  • Year Built 1999
  • Date Updated 04 Jul, 2020

Availability

Suite Name Space Type Lease Rate Space Available
Suite 1110 General Office $24/Sqft/Year 4,809 Sqft
  • Suite Suite 1110
  • Space Number 1110
  • Space Type General Office
  • Total Space Available 4,809 Sqft
  • Floor From 11 To 11
  • Divisible Space No
  • Min Divisible 4,809 Sqft
  • Max Contiguous 4,809 Sqft
  • Lease Rate $24/Sqft/Year
  • Possession Type Immediate
  • Lease Type Net
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Benjamin J. Cleveland

Cushman & Wakefield

(312) 819-1236

Mark J. Gunderson

Cushman & Wakefield

(312) 307-1904

Suite 1250 General Office $24/Sqft/Year 5,065 Sqft
  • Suite Suite 1250
  • Space Number 1250
  • Space Type General Office
  • Total Space Available 5,065 Sqft
  • Floor From 12 To 12
  • Divisible Space No
  • Min Divisible 5,065 Sqft
  • Max Contiguous 5,065 Sqft
  • Lease Rate $24/Sqft/Year
  • Possession Type Immediate
  • Lease Type Net
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Benjamin J. Cleveland

Cushman & Wakefield

(312) 819-1236

Mark J. Gunderson

Cushman & Wakefield

(312) 307-1904

Suite 1420 General Office $24/Sqft/Year 3,012 Sqft
  • Suite Suite 1420
  • Space Number 1420
  • Space Type General Office
  • Total Space Available 3,012 Sqft
  • Floor From 14 To 14
  • Divisible Space No
  • Min Divisible 3,012 Sqft
  • Max Contiguous 3,012 Sqft
  • Lease Rate $24/Sqft/Year
  • Possession Type Immediate
  • Possession Date Thursday, November 1, 2018
  • Lease Type Net
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Benjamin J. Cleveland

Cushman & Wakefield

(312) 819-1236

Mark J. Gunderson

Cushman & Wakefield

(312) 307-1904

Suite 1460 General Office $24/Sqft/Year 2,767 Sqft
  • Suite Suite 1460
  • Space Number 1460
  • Space Type General Office
  • Total Space Available 2,767 Sqft
  • Floor From 14 To 14
  • Divisible Space No
  • Min Divisible 2,767 Sqft
  • Max Contiguous 2,767 Sqft
  • Lease Rate $24/Sqft/Year
  • Possession Type Immediate
  • Possession Date Thursday, November 1, 2018
  • Lease Type Net
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Benjamin J. Cleveland

Cushman & Wakefield

(312) 819-1236

Mark J. Gunderson

Cushman & Wakefield

(312) 307-1904

Suite 1400 General Office $24/Sqft/Year 9,760 Sqft
  • Suite Suite 1400
  • Space Number 1400
  • Space Type General Office
  • Total Space Available 9,760 Sqft
  • Floor From 14 To 14
  • Divisible Space No
  • Min Divisible 9,760 Sqft
  • Max Contiguous 9,760 Sqft
  • Lease Rate $24/Sqft/Year
  • Possession Type Immediate
  • Possession Date Monday, October 1, 2018
  • Lease Type Net
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Benjamin J. Cleveland

Cushman & Wakefield

(312) 819-1236

Mark J. Gunderson

Cushman & Wakefield

(312) 307-1904

Suite 1530 General Office $24/Sqft/Year 13,792 Sqft
  • Suite Suite 1530
  • Space Number 1530
  • Space Type General Office
  • Total Space Available 13,792 Sqft
  • Floor From 15 To 15
  • Divisible Space Yes
  • Min Divisible 13,792 Sqft
  • Max Contiguous 13,792 Sqft
  • Lease Rate $24/Sqft/Year
  • Possession Type Immediate
  • Possession Date Sunday, September 1, 2019
  • Lease Type Net
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Benjamin J. Cleveland

Cushman & Wakefield

(312) 819-1236

Mark J. Gunderson

Cushman & Wakefield

(312) 307-1904

Suite 1450 General Office $24/Sqft/Year 1,772 Sqft
  • Suite Suite 1450
  • Space Number 1450
  • Space Type General Office
  • Total Space Available 1,772 Sqft
  • Floor From 14 To 14
  • Divisible Space No
  • Min Divisible 1,772 Sqft
  • Max Contiguous 1,772 Sqft
  • Lease Rate $24/Sqft/Year
  • Possession Type Immediate
  • Lease Type Net
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Benjamin J. Cleveland

Cushman & Wakefield

(312) 819-1236

Mark J. Gunderson

Cushman & Wakefield

(312) 307-1904

Suite 1410 General Office $24/Sqft/Year 1,785 Sqft
  • Suite Suite 1410
  • Space Number 1410
  • Space Type General Office
  • Total Space Available 1,785 Sqft
  • Floor From 14 To 14
  • Divisible Space No
  • Min Divisible 1,785 Sqft
  • Max Contiguous 1,785 Sqft
  • Lease Rate $24/Sqft/Year
  • Possession Type Immediate
  • Lease Type Net
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Benjamin J. Cleveland

Cushman & Wakefield

(312) 819-1236

Mark J. Gunderson

Cushman & Wakefield

(312) 307-1904

Suite 1300 General Office $24/Sqft/Year 20,667 Sqft
  • Suite Suite 1300
  • Space Number 1300
  • Space Type General Office
  • Total Space Available 20,667 Sqft
  • Floor From 13 To 13
  • Divisible Space No
  • Min Divisible 20,667 Sqft
  • Max Contiguous 20,667 Sqft
  • Lease Rate $24/Sqft/Year
  • Possession Type Immediate
  • Possession Date Saturday, June 1, 2019
  • Lease Type Net
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Benjamin J. Cleveland

Cushman & Wakefield

(312) 819-1236

Mark J. Gunderson

Cushman & Wakefield

(312) 307-1904

Description

Efficient floorplates and mechanical systems easily accommodate high-bandwidth cabling. Wattage per square foot well exceeds industry standards. Has oversized and zoned HVAC capacity. Features flexibility for future technology upgrades. Estimated 1st year taxes/operating costs $1.50/$4.00; 2nd year $3.00/$5.50; 3rd year $5.00/$6.00.

Highlights

  • Column-free floor plates; 9' finished height; 24-hr manned security; Executive indoor
  • heated parking; Starbucks on-site

West Loop Demographics

Population

  • Total Population6,688
  • Male Population(50.9 %) 3,406
  • Female Population(49.1 %) 3,282
  • Median Age30.80

Income/Financial

  • Average Household Income$153,006
  • Median Household Income$107,245
  • Median Income Under 25$31,476
  • Median Income 25-44$114,091
  • Median Income 45-64$122,351
  • Median Income Over 65$42,692

Leasing Contacts Register now to add listings

Benjamin J. Cleveland

Cushman & Wakefield

(312) 819-1236

Mark J. Gunderson

Cushman & Wakefield

(312) 307-1904