Marcus & Millichap is pleased to exclusively offer the opportunity to acquire the fee simple interest in a Compass Real Estate Agency office, located at 55 East Erie Street, Suite C-1, Chicago, IL 60611 (the “Property”). Compass has signed a brand new 7-year lease in 2024, with the primary term now running through May 2031. The lease includes 3% annual rental increases during the primary term and two (2) five-year renewal options. The Property features 3,979 square feet of rentable building area on approximately 0.61 acres of land along East Erie Street (± 20,000 vehicles per day). The location benefits from excellent demographics, with nearly 1.2 million residents within a 5-mile radius and an average household income ranging between $100,000 and $150,000. It is also near two major educational institutions, Loyola University Chicago and the School of the Art Institute of Chicago.