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182 W Lake St

The Loop, Chicago, IL
Total Size
144,000 sqft
Lot Size
12 acres
Zoning
PUD
Year Constructed
1920

Features

Onsite Parking
Key Card Access

About 182 W Lake St

This historic building, built in 1929, presents an amazing opportunity to rent office space in the heart of downtown Chicago. Situated at its 182 West Lake Street address, this 28-story, 144,000 square foot building features office space with frontage up to approximately 75 feet along one of Chicago’s most traveled streets.

This building is located extremely conveniently, with access to Chicago’s red, brown and blue line trains of the CTA L system, the Metra train system, several major bus routes and Lake Shore Drive. This area is a booming business district and is home to the famous and prestigious Thompson Center, city hall and an abundant number of local and national businesses, as well as federal establishments.

In addition to its central location in one of the most densely populated areas of Chicago, this building has several amenities, which include a historic lobby, 24 hour security and great signage potential.

This historic, art deco-style skyscraper features a landmark exterior, donning a stepped roof with a stone corncob at the top. Large windows line this building, and the upper level is an orange hue with several intricate architectural details.

Companies at 182 W Lake St

National Rental Services (NRS) - Century Tower Office Real Estate Agency

Internet Providers for 182 W Lake St

Provider Technology Max Download Speed Max Upload Speed
Level 3 Communications, LLC Fiber
10 Gb/s
10 Gb/s
Cogent Communications Fiber
10 Gb/s
10 Gb/s
Zayo Broadband Fiber
10 Gb/s
10 Gb/s
Comcast Cable
1 Gb/s
1 Gb/s
MegaPath Corporation DSL
50 Mb/s
50 Mb/s
AT&T Illinois DSL
25 Mb/s
3 Mb/s
TW Telecom Inc. Copper Wireline
3 Mb/s
3 Mb/s

The Neighborhood: The Loop

The typical asking rate per listing is in the $30's per square foot per year. The The Loop submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 13% decline in rent.

Compared to the rest of the Chicagoland market, the The Loop submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Median Rate Median Size
The Loop $36
/sqft/yr
3,589
sqft
Median Rate Median Size
Chicagoland $24
/sqft/yr
2,400
sqft

Median Rate over Time in The Loop