High-Visibility Sublease Available at 600 W. Chicago

October 25, 2018

Patrick Brady

Market Expert

Assistant Director, Savills Studley

Illinois Licensed Real Estate Broker

Call 312-595-2987

Check Out This Modern 23,847 SF Space in River North

 

History

When 600 W. Chicago was built in 1908 — the same year the first Model T was produced — it was the largest reinforced concrete building in the world. Its occupant, the Montgomery Ward Catalog House, employed roller skating assistants to get messages across the company fast. The building was added to the National Register of Historic Places in 1978 and became a Chicago Landmark in 2000.  While email has replaced roller-skating messengers, 600 W. Chicago has remained at the forefront of tech and development, and this high-visibility sublease offers a unique opportunity for a company to establish itself.

The Property

Perfect for a tenant looking to join Groupon HQ (not to mention the Big Ten Network, Wrigley, Dyson, and Lightbank) in an ideal location, this high-visibility sublease on the 3rd floor allows for 226 workstations, 4 conference rooms, one office, and one huddle room. The hip modern space features exposed ceilings and an open floor plan, with plenty of room to spread out and accommodate diverse work styles.

Building & Location

The building’s Prairie School facade directly abuts the north branch of the Chicago River for over 1000 feet, and amazing outdoor dining space on the building’s plaza ensures that tenants can take full advantage of the beautiful natural location. The location isn’t just scenic, either — an estimated 3,500 people walk past the high-visibility sublease every morning between 6am and 10am, providing a remarkable opportunity for a company to establish its name and brand. The thriving Riverwalk is steps away, and if an adventure on the river itself is more your speed, there are boat rentals available in the building as well. For a little R&R, check out Allyu Spa and the River North Gym (special plug to RNG as we are huge fans), both housed in the building. 

Located on the Northwest corner of W. Chicago Avenue and Larrabee Street, 600 W. Chicago is a short walk from the Brown, Purple, and Blue CTA lines and steps away from city buses, with more connections coming soon to this rapidly-developing area. Tenant shuttles and water taxi services offer easy access to the rest of Chicago, and employees have access to two parking garages, one in the building and one across the street.

Despite the building’s comfortable distance from the crowding of the central Loop, a variety of coffee and food options are available. In-building restaurants include Snarf’s, The Motel Bar, and Farmer’s Fridge, while Starbucks, Goddess & Grocer, Erie Cafe, and the Montgomery Club are just around the corner. With approximately 7,000 employees in the building every day, food trucks cluster in the area, providing an abundance of exciting up-and-coming cuisine to sample.

Details

The 23,847 SF space (a 1:105 employee to SF ratio) comes at $38.00/SF and is available now through 2026. This is a great option for tenants looking to establish themselves as a major presence in Chicago business and join Groupon and others in this historic, high-visibility location.

If this looks like the place for your company, send us an email and grab this space before it gets snapped up!

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