Investment Overview
"Exceptional property located in a Federal Opportunity Zone, steps away from the Green Line CTA stop. This property offers a total building area of ±29,500 SF across multiple floors, along with a ±9,834 SF basement. It features 1 exterior short-truck dock, a 2,000 lb capacity freight elevator, and ceiling heights ranging from 13’9” to 7’7”. Zoned DS-3 Downtown Service District, the property falls under the jurisdiction of Alderman Pat Dowell in the 3rd Ward, with real estate taxes at $62,616 ($2.12 PSF) and a sale price of $2,350,000."
Investment Highlights
- Total Building Area: ± 29,500 SF
- Total Land Area: ± 9,859 SF
- Loading: 1 Exterior Short-Truck Dock
- Ceiling Heights: 13’9” (1ST Floor) | 10’10” (2ND Floor) | 11’7” (3RD Floor) | 7’7” (Basement)
- Column Spacing: 16’ x 19’3” (N-S x E-W)
- Construction: Masonry & Heavy Timber
- Zoning: DS-3 | Downtown Service District
- Alderman: Pat Dowell | 3RD Ward
- RE Taxes: $62,616 = $2.12 PSF
- Sale Price: $2,350,000
- Located in a Federal Opportunity Zone
- Steps Away from Green Line CTA Stop
- 5-Minute Drive to Soldier Field and Museum Campus
- 8-Minute Walk to McCormick Place Convention Center
- 1-Minute walk to CTA Bus Stop on State Street
- 5-Minute Walk to CTA bus stop on Cermak Road
- 10-Minute Drive to Central Business District
- 3-Minute Drive to I-55 Expressway
- 3-Minute Drive to I-90/94 Expressway
- 9-Minute Drive to I-290 Expressway