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$ 3,299,000
Est. payment | /mo
24,810 SqFt
$ 3,299,000
Est. payment | /mo
24,810 SqFt
Key Details
Property Type Commercial
Sub Type Office/Tech
Listing Status Active
Purchase Type For Sale
Square Footage 24,810 sqft
Price per Sqft $132
MLS Listing ID 11733287
Year Built 1924
Annual Tax Amount $162,330
Tax Year 2023
Lot Dimensions 4736
Property Description
Four-story, River North, heavy timber loft building. Stable cash flow with long-term tenants or DX-7 zoning provides a rare development opportunity. The building can have an additional two (2) stories added on top which increases the cash flow, or, can be an incredible owner's unit. Current tenants include an excellent Italian restaurant, a dental office, a general office and a former architect's space that is currently available if the purchaser wants to be an owner occupant. Tax appeal in process.
Location
State IL
County Cook
Area Chi - Near North Side
Zoning COMMR
Interior
Cooling Central Individual
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site, Water-Municipal, Water to Site
Building
Dwelling Type Office/Tech
Level or Stories 4
Structure Type Wood Frame
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Listed by Bruce Heller • Coldwell Banker Realty
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Mike Machlet
Partner