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Chicago Office Building Near Magnificent Mile To Become Apartments

Property Sells for About $19 Million After Previous Owner Returned It to Lender Amid High Vacancy
A residential conversion is planned for the 24-story office building at 65 E. Wacker Place in Chicago, which recently sold for about $19 million. (CoStar)
A residential conversion is planned for the 24-story office building at 65 E. Wacker Place in Chicago, which recently sold for about $19 million. (CoStar)
CoStar News
October 10, 2022 | 10:06 P.M.

A 24-story office building near Chicago’s Magnificent Mile shopping avenue will be converted to apartments after it was sold for about $19 million, a steep discount to the previous owner’s debt.

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