125 South Wacker

Jones Lang LaSalle (Illinois), L.P. (“JLL”) as the exclusive advisor, presents the opportunity to acquire the 100% fee simple interest in 125 South Wacker (the “Property”), a 576,788 RSF, 31-story class-A office building located in Chicago’s West Loop. Constructed in 1974, 125 South Wacker benefits from superior connectivity and accessibility given its prime location on Wacker Drive in the West Loop that puts it one block from Union Station and three blocks from Ogilvie Transportation Center, the major commuter train stations linking the city to surrounding suburbs.

At 63% leased with 4.3 years of remaining average lease term (“WALT”) with strong leasing momentum, the Property provides an investor the opportunity to acquire an office asset with durable inplace cash flow at a significant discount to replacement cost and substantially increase NOI through lease up of 208,000 square feet. Located on the northeast corner of Wacker Drive and Adams Street, 125 South Wacker’s location boasts unrivaled views and transportation advantages linking the Property to talent in both the city center and suburbs. With nearly $21 million of capital invested since 2017, ownership has meticulously maintained and transformed the Property, modernizing building systems and renovating both the lobby and amenity set in 2019. Paired with its West Loop location, 125 South Wacker offers investors the exceptionally rare opportunity to acquire a fully amenitized and redeveloped asset to create value solely through lease up. All inquiries regarding this value-add office asset should be directed to JLL.