• 800 W Washington Blvd, Chicago, IL 60607

For Sale

Retail

For Sale

This property is available for sale
15,828
SF
$11,250,000
Sale Price
  • Overview

    The West Loop is Chicago’s former warehouse district and is among the most rapidly developing neighborhoods in the country. 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 West Loop has evolved into a must-see destination for locals and visitors who want to eat well. With new restaurant concepts opening on almost a weekly basis, the area boasts everything from Michelin Star rated Blackbird, Roister, Elske, Smyth & The Loyalist and Sepia restaurants to more casual options like Green Street Smoked Meats, Shake Shack, Sweetgreen, Parlor Pizza, Federales, and Umami Burger. Other well-known dining options include Girl and the Goat, Au Cheval, Lena Brava, Aviary, Momotaro, City Winery, Publican and Avec. The neighborhood’s international reputation continues to grow with the opening of Google’s new Midwest headquarters, McDonald’s Global headquarters, Soho House hotel, Nobu Restaurant and hotel, Hoxton hotel, the We Work co working building, and the upcoming Punch Bowl Social and Ace Hotel. Other companies calling the West Loop home include Uber, LinkedIn, Twitter and Gogo Inflight Internet. High-end retailers are also recognizing the area’s potential with the recent additions of Anthropologie, Free People, Billy Reid and Maria Pinto. Excellent public transportation options including Metra train access at Ogilvie and Union Station combined with one of the city’s newest CTA stations in almost a decade that opened at Morgan and Lake in 2012 will continue to attract businesses and residents alike, making the West Loop one of Chicago’s most exciting and desirable neighborhoods. To learn more about the West Loop, visit our blog at: www.westloopreport.com. SVN Chicago Commercial is pleased to present this opportunity to acquire 800 West Washington Boulevard, a fully stabilized 15,828 square foot mixed-use retail/office building within Chicago’s booming West Loop neighborhood. In 2018 this property underwent a full gut rehab including new high-end windows, all new mechanical systems and a brand new roof deck. The asset’s strong tenant base includes BMO Harris, Tufenkian Artisan Carpets, Buona Beef, State Farm and Kenna Security. 800 West Washington is a premier investment opportunity with outstanding exposure at the corner of Halsted Street and Washington Boulevard. With a minimum of a 10-year hold the property possess tremendous development upside due to the property’s underlying DX-5 zoning and potential for higher density. In addition, 800 West Washington Boulevard has an irreplaceable location sharing an alleyway with Soho House Chicago, across the street from Whole Foods, the planned Equinox Hotel, over 5,000 high-end apartment and condo units within a three-block radius. The property is in the immediate vicinity of Randolph Street’s Restaurant Row and just within a five-block radius of the subject property are six Michelin Star Restaurants (Elske, Smyth, Roister, Oriole, Blackbird & Sepia) and some of Chicago’s highest grossing restaurants (Greek Islands, Green Street Smoked Meats, Girl & The Goat, Monteverde and Swift & Sons). The West Loop has seen unprecedented development over the past several years with incredible demand for office, retail, and multi- family properties. This recent increase in demand is in large part due to the influx of corporate headquarters into the neighborhood accomplishing a “live – work – play” atmosphere and making the West Loop the hottest sub-market in Chicago and one of the hottest in the country.

Contact or Call
Retail

Spaces available

One or more spaces are available
Size estimate
0
10,000 sqft

Property Details

The West Loop is Chicago’s former warehouse district and is among the most rapidly developing neighborhoods in the country. 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 West Loop has evolved into a must-see destination for locals and visitors who want to eat well. With new restaurant concepts opening on almost a weekly basis, the area boasts everything from Michelin Star rated Blackbird, Roister, Elske, Smyth & The Loyalist and Sepia restaurants to more casual options like Green Street Smoked Meats, Shake Shack, Sweetgreen, Parlor Pizza, Federales, and Umami Burger. Other well-known dining options include Girl and the Goat, Au Cheval, Lena Brava, Aviary, Momotaro, City Winery, Publican and Avec. The neighborhood’s international reputation continues to grow with the opening of Google’s new Midwest headquarters, McDonald’s Global headquarters, Soho House hotel, Nobu Restaurant and hotel, Hoxton hotel, the We Work co working building, and the upcoming Punch Bowl Social and Ace Hotel. Other companies calling the West Loop home include Uber, LinkedIn, Twitter and Gogo Inflight Internet. High-end retailers are also recognizing the area’s potential with the recent additions of Anthropologie, Free People, Billy Reid and Maria Pinto. Excellent public transportation options including Metra train access at Ogilvie and Union Station combined with one of the city’s newest CTA stations in almost a decade that opened at Morgan and Lake in 2012 will continue to attract businesses and residents alike, making the West Loop one of Chicago’s most exciting and desirable neighborhoods. To learn more about the West Loop, visit our blog at: www.westloopreport.com. SVN Chicago Commercial is pleased to present this opportunity to acquire 800 West Washington Boulevard, a fully stabilized 15,828 square foot mixed-use retail/office building within Chicago’s booming West Loop neighborhood. In 2018 this property underwent a full gut rehab including new high-end windows, all new mechanical systems and a brand new roof deck. The asset’s strong tenant base includes BMO Harris, Tufenkian Artisan Carpets, Buona Beef, State Farm and Kenna Security. 800 West Washington is a premier investment opportunity with outstanding exposure at the corner of Halsted Street and Washington Boulevard. With a minimum of a 10-year hold the property possess tremendous development upside due to the property’s underlying DX-5 zoning and potential for higher density. In addition, 800 West Washington Boulevard has an irreplaceable location sharing an alleyway with Soho House Chicago, across the street from Whole Foods, the planned Equinox Hotel, over 5,000 high-end apartment and condo units within a three-block radius. The property is in the immediate vicinity of Randolph Street’s Restaurant Row and just within a five-block radius of the subject property are six Michelin Star Restaurants (Elske, Smyth, Roister, Oriole, Blackbird & Sepia) and some of Chicago’s highest grossing restaurants (Greek Islands, Green Street Smoked Meats, Girl & The Goat, Monteverde and Swift & Sons). The West Loop has seen unprecedented development over the past several years with incredible demand for office, retail, and multi- family properties. This recent increase in demand is in large part due to the influx of corporate headquarters into the neighborhood accomplishing a “live – work – play” atmosphere and making the West Loop the hottest sub-market in Chicago and one of the hottest in the country.

  • Property Type
    Retail
  • Submarket
  • Total Building Size
    15,828RSF
  • Property ID
    1385197

Landlord's Leasing/Sales Representative

  • MATT DUHIG
    R2 Companies