1000 West Washington_Property for Sale
1000 West Washington_Property for Sale
1000 W Washington, Chicago, IL, 60607, US

1000 West Washington

Asset Description

Jones Lang LaSalle Americas (Illinois), L.P. (“JLL”) is pleased to announce the opportunity to acquire 1000 West Washington, a 6-unit retail property totaling 28,517 square feet (“the Offering”) located directly across from McDonald’s global headquarters in Chicago’s coveted Fulton Market. The Offering consists of a vertical subdivision that is located on the ground floor of a larger, existing five-story, mixed-use, condominium building at the hard corner of W. Washington and N. Morgan, steps from Randolph Street. Aptly named “Restaurant Row.” Randolph Street is the go-to spot for restaurants, bars and major retailers in Fulton Market. Rents along Randolph have reached triple digits fueled by the lack of available space; the vacancy rate is currently below 5%, causing tenants to expand south and west.

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Attributes

Building area Gross
2,591 m²
Occupancy
83.00%
Year built
1994
Land area Gross
0.30 ha (2,954 m²)

Media

Investment Highlights

  • Prime Fulton Market Retail Location
  • Excellent Tenancy and Term
  • Extremely Attractive Below-Market, Assumable Debt
  • Increasing Development & Density
  • Exceptional Demographics Within 3-Mile Radius


1000 West Washington 4_Property for Sale
1000 West Washington 4_Property for Sale

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1000 West Washington (0 Properties)

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Last updated
20 Jul 2023