Assistant Director, Savills Studley
Illinois Licensed Real Estate Broker
What’s better than a beautiful historic building with state-of-the-art modern amenities? That building at an affordable, negotiable rate in the heart of the Loop! Want more details on this perfect start-up combination? Read all about this property below!
This tech-friendly space is available as a sublease through December 2021. 1556 square feet are available on the 7th floor in a space laid out for three offices, four open workstations, and one conference room, inclusive of furniture! The rate is approx $3,250 per month — an excellent deal for a location in the heart of Chicago. This affordable space provides a perfect combination for a small tech or creative company looking to get a flexible office in one of Chicago’s most famous buildings. If this sounds like you, send us an email now, and don’t wait — this perfect start-up property is sure to go fast!
35 E Wacker Drive, also known as the Jewelers Building, plays a towering role in Chicago architectural history. This riverside property was once considered the tallest building west of New York City, and represents the glamor and grit of the City of Broad Shoulders. Its 40 stories were built between 1925 and 1927 — the height of the Roaring Twenties — off of a design by noted architects Joachim G. Giaver and Frederick P. Dinkelberg. It was known as the “Jewelers Building” due to the many jewelry merchants that set up shop there: for the first 15 years of its operation, it included a car lift that allowed priceless jewelry shipments to be delivered straight to the offices. But 35 E Wacker is perhaps more famous for the Stratosphere Club: a lounge and speakeasy on the 40th floor that legend has it was owned by Al Capone.
After the decline of jewelers and gangsters, the building’s tenants included world-famous architect Helmut Jahn (whose showroom occupied the former Stratosphere Club), Mercury Records, the Sigma Chi Fraternity, and Pure Oil Co. Now, it’s a Chicago Landmark, included on the National Register of Historic Places, and part of the Michigan-Wacker Historic District, not to mention the recipient of multiple awards from the American Institute of Architects (whose Chicago office is in the building).
And modern America still holds a special regard for this building: it’s frequently featured in movies and TV shows, including Batman Begins, Transformers: Dark of the Moon, and The Good Wife.
But 35 E Wacker is far more than its history. Current tenants like AIA Chicago and Feeding America take advantage of the perfect start-up combination of historic architecture and prime modern amenities. The building includes a conference center, fitness center, parking, and a bike room. As far as dining options go, catering and Ritual ordering are available, and tenants can enjoy Emerald Loop Bar & Grill, Starbucks, and McCormick & Schmick’s without stepping outside.
But if you do choose to leave the building, this location is perfect. Located in the heart of the Loop, it’s a less than five-minute walk to all CTA trains. The building is on Wabash Avenue and facing the Chicago River, providing easy city access combined with stellar water views.
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