845 W Chicago AVE new

Chicago,IL 60642

$ 11900000

- Bed

0 Bath

40000 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 40,000 sqft

Price per Sqft $297

MLS Listing ID 12268517

Year Built 1909

Annual Tax Amount $250,000

Tax Year 2023

Property Sub-Type Mixed Use

Property Description

Prime Chicago's Northwest Loop/River North, a neighborhood combining commercial and residential at the corner of Chicago Ave., and Green St., just steps west of Halsted St., historical charm six-story brick loft timber building with today's functionality, featuring passenger elevator, 13' and 12' ceilings height, original exposed brick walls, each floor has 2-sets of large female and male bathrooms, 2-wide staircase on the east side and the northwest side, exposed heat and AC ceiling ducts, lots of wide & large windows providing natural lights in, 2009, sprinkler system, 833- 843, Chicago Ave., buildings are 3-story height. Minutes to Chicago's loop, Magnificent Mile/Michigan Ave., major roads, interstate, bus stops, and within a short distance to the train station. 3-toproof furnaces, 2020 and 2010. Downtown service district, of DS 5 zoning/downtown's periphery with continued growth. This beautiful building and great location provide immediate stable income with value-add opportunity/potential. The property is currently about 80% occupied. The street level 10,000 Sq. ft. retail space is strongly established and presents solid income. Possible conversion of multifamily apartments.

Location

State IL

County Cook

Area Chi - West Town

Zoning RTAIL

Interior

Cooling Central Air

Exterior

Roof Type Rubber

Building

Dwelling Type Mixed Use

Structure Type Brick

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