55 West Monroe_Property for Sale
55 West Monroe_Property for Sale

55 West Monroe

55 W Monroe St, Chicago, IL, 60603-5001, US

Description

Jones Lang LaSalle (Illinois), L.P. (“JLL”) as the exclusive advisor, presents the opportunity to acquire the 100% fee simple interest in 55 West Monroe (the “Property”), an 815,074 RSF, 40-story office building located in the Central Loop of Chicago. Ideally situated at the southwest corner of Monroe and Dearborn Streets, the Property offers unsurpassed access to the financial markets and government and civic center in the City in addition to exceptional panoramic views. At 19.3% leased with 4.0 years of remaining average lease term (“WALT”), the Property provides an investor the rare opportunity to acquire an office asset at a substantial discount to replacement cost and substantially increase NOI through the lease up of 657,000 square feet. Characterized by the abundance of natural light through its north facing windows, the Property’s transitioning occupancy status makes it a prime repositioning candidate. All inquiries regarding this asset should be directed to JLL.

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Attributes

Building area net
815,074 sf
Year built
1981
Zoning
PD-176
Transit Score
100
Walk Score
98

Media

Investment highlights

  1. Significant Repositioning Optionality
  2. Exceptional Panoramic Views
  3. Checks All the Boxes for an Executable Value-Add Opportunity
  4. Uniquely Competitive Contiguous Blocks of Vacancy
  5. Unrivaled Transportation & Access
55 West Monroe 4_Property for Sale
55 West Monroe 4_Property for Sale

Contact brokers

55 West Monroe (0 Properties)

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Last updated
Feb 24, 2026