Contacts
CBRE
Property Details
- Property Type VacantLand
- Property Size 35,667 SF
- Lot Size 35,667 SF
- Date Updated Oct 2, 2026
Large, High-Exposure Urban Footprint. 640 W Washington is a large, 35,000+ SF city land site at the hard corner and lighted intersection of Washington Blvd. and Des Plaines St. The Property is bound by I-90 on the west side, with exposure to over 228,000 vehicles per day. The Property further benefits from a large rectangular shape, efficient for high-rise site planning.
640 W Washington is fully entitled for a substantial mixed-use luxury residential (rental or for-sale condos) project, under a DX-7/11.5 zoning. Under the Planned Development (PD 1502), there are entitlements in place for 413 residential units, with only 10 set aside as affordable housing units.
- Fully entitled residential project with only 10% affordable housing required, half of the current Chicago requirement of 20% for new projects.
- Fully designed plans by well-known architect, HPA.
- No lengthy, costly, or contentious zoning process to go through, however a new buyer may choose to redesign the building.
Reach out to the broker for more info on lease terms and amenities
Getting around
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98/100
Walk Score ®
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100/100
Transit Score ®
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87/100
Bike Score ®
Location
- City Chicago, IL
- Neighborhood West Loop
- Zip Code 60661
- Market Chicago
Points of Interest
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Clinton
0.22 miles
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Morgan
0.39 miles
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Grand
0.57 miles
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UIC-Halsted (Halsted Street)
0.57 miles
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UIC-Halsted (Peoria Street)
0.61 miles
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Quincy
0.64 miles
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Merchandise Mart
0.65 miles
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UIC-Halsted (Morgan Street)
0.67 miles
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Lake
0.86 miles
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State/Lake
0.86 miles
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Volta
0.26 miles
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Blink
0.26 miles
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Shell
0.58 miles
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Blink ParkChip Garage - 1035 Van Buren
0.65 miles
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Electrify America
0.73 miles
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ChargePoint
0.79 miles
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Marathon
0.90 miles
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BP
0.94 miles
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Citgo
0.98 miles
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Tesla Supercharger
1.02 miles
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Presidential Towers Garage
0.16 miles
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Park 1
0.22 miles
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The Site
0.39 miles
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CME Parking
0.39 miles
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Mart Center Self-Park
0.42 miles
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191 N Wacker
0.44 miles
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Mid City Parking Lot
0.46 miles
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Franklin-Lake Self Park
0.47 miles
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Washington Franklin Self Park
0.49 miles
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225 Wacker Self Park
0.51 miles
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Homewood Suites
0.08 miles
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Hampton Inn Chicago Downtown West Loop
0.08 miles
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Crowne Plaza Chicago West Loop
0.23 miles
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Nobu Hotel
0.27 miles
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Hoxton Hotel
0.29 miles
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Chicago Parthenon Hostel
0.44 miles
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Sonder Greektown
0.45 miles
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Hyatt Place Chicago/Downtown - The Loop
0.46 miles
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Holiday Inn Chicago Mart Plaza
0.47 miles
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La Quinta Inn & Suites by Wyndham Chicago Downtown
0.51 miles
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Whole Foods Market
0.14 miles
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Chicago French Market
0.20 miles
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Mariano's Fresh Market
0.25 miles
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Metro Spice Mart
0.27 miles
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Wild Fork
0.27 miles
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Jewel-Osco
0.35 miles
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H Mart
0.42 miles
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The Merchandise Mart
0.59 miles
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Target
0.71 miles
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Block 37 Shops
0.80 miles
CBRE