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208 S Jefferson - Availability Details

208 S Jefferson, Chicago, IL 60661

  • For Sale $5,250,000
  • Property Type Office - Creative Office
  • Property Size 52,500 SF
  • Building Class B
  • Date Updated May 17, 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 West Loop
  • Zip Code 60661
  • Market Chicago

Contacts

broker

Chad Schroedl

SVN | Chicago Commercial

(312) 756-7329

Highlights

  • Highly Desirable Brick and Timber Loft Building One block from Union Station
  • Short-term leases allow full redevelopment of the property
  • Surrounded by notable large developments including the Old Post Office and BMO Tower
  • First time building has been available for purchase in decades
  • In place DX-7 Zoning allows for additional FAR and a variety of uses

Contact Listing Broker

broker

Chad Schroedl

SVN | Chicago Commercial

(312) 756-7329

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