Greenstone Partners has brought to market a fully leased office property at 915 E. 63rd Street in the Woodlawn neighborhood of Chicago. The urban infill asset, characterized as a 100% leased office investment, is being offered for sale at a listing price of $4.75 million. The property is situated approximately eight miles south of downtown Chicago, placing it within an established but evolving corridor that benefits from access to major institutions and public transit.
The single-story building totals 31,120 square feet and occupies a site of roughly 1.51 acres. The offering encompasses two separate parcels: the office building itself and an adjoining surface parking lot providing 85 parking spaces. This configuration positions the property as a low-rise office asset with dedicated on-site parking, an attribute that can be important for both government and institutional users.
Greenstone Partners Director Malek Abdulsamad is representing the ownership as the exclusive investment advisor for the sale. His mandate includes marketing the asset and coordinating prospective buyer interest in a fully leased, income-producing office building in an urban neighborhood setting. Greenstone Partners is emphasizing the property’s occupancy profile and location dynamics in its positioning of the opportunity.
The Illinois Department of Human Services is the sole tenant at 915 E. 63rd Street and has occupied the building since 1993. With the property currently 100% leased to this state agency, the asset offers a long-established tenancy and a government-credit income stream, which is central to the investment thesis. The continuity of this occupancy over several decades underscores the building’s role as a stable operations location for the tenant.
Abdulsamad described the surrounding Woodlawn area as a transforming neighborhood that is steps from the University of Chicago and within walking distance of the Obama Presidential Center. He also noted that the building is one block from a Chicago Transit Authority station, underscoring the transit connectivity that supports both employees and visitors. According to Abdulsamad, multiple transit-oriented developments in the vicinity are contributing to ongoing growth and demand in the neighborhood, enhancing the broader context in which the property is being offered.
With its combination of a long-term government tenant, established occupancy history, surface parking, and proximity to major institutional drivers and public transit, the listing at 915 E. 63rd Street represents a stabilized office investment opportunity in Chicago’s Woodlawn neighborhood. The current marketing effort by Greenstone Partners will determine how investors price the combination of income durability and location attributes at the stated $4.75 million asking price.
