Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
NIY N/A

Documents

I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 1981
Building Area Net
Land Area Net ()
Rentable Area
Occupancy 89.0 %

Asset Description

Jones Lang LaSalle (Illinois), L.P. (“JLL”) has been exclusively retained to arrange the sale of 55 West Monroe (the “Property”), an 815,073 RSF Class A office building located in the Central Loop of Chicago. With a diverse tenant roster and no tenant occupying more than 8% of net rentable area, 55 West Monroe offers an investor diversification and insulation from vacancy shocks and an over concentration to one specific tenant or industry. Ideally situated at the southwest corner of Monroe and Dearborn Streets, the Property offers unsurpassed access to the financial markets, government, and civic center in the City in addition to exceptional panoramic views. With additional potential upside through both lease-up of well positioned vacancy and a mark-to-market opportunity, 55 West Monroe provides an investor a rare opportunity to acquire a Class A office building in the heart of downtown Chicago.

Investment Highlights


  • LEED Gold Certified with Institutional Ownership & Maintenance
  • Flexible Vacancy Profile Allows 55 West Monroe to Attract & Retain Tenants
  • Durable Income Stream with Attractive Seller Financing Terms
  • Unrivaled Transportation & Access
  • Exceptional Panoramic Views
  • Irreplaceable Asset Priced Well Below Replacement Cost


Last Updated Date: 21 Nov 2022

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Last Updated Date: 21 Nov 2022

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