105 W Chicago Ave
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105 W Chicago Ave
7,500 SF 100% Leased Office Building Chicago, IL 60654 For Sale
Executive Summary
SIGNAIFICANT PRICE REDUCTION OF $500,000. Available for sale is a 7,500 square foot, three-story plus a full basement, mixed-use property at the southwest corner of Clark Street and Chicago Avenue in the desirable River North neighborhood. Situated on a 2,614 square foot site, the subject was constructed for the current owners and is comprised of a 1,000 square foot retail space on the ground floor that is currently a restaurant, a well-appointed 1,600 square foot office suite on the second floor and a two-bedroom, two-bath apartment with lofted space on the third floor, plus a spectacular roof deck. All of the mechanicals and roof are newer and meticulously maintained. The property benefits from its excellent visibility, as it is located on one of the main east/west and north/south arteries in the city. The visibility and in-place income coupled with the easy access to Lake Shore Drive, the I-90/I-94 Expressway and public transportation makes this offering the perfect opportunity for an investor or user to acquire a boutique multi-unit building in the heart of the vibrant River North neighborhood.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
7,500 SF
Building Class
B
Year Built
2010
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,500 SF
Building FAR
2.87
Lot Size
0.06 AC
Zoning
DX-7 - Downtown Mixed-Use District
Parking
1 Space (0.13 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Well laid out office suite with kitchen, conference room and multiple privates
| Space | Size | Space Use | Condition | Available |
| 2nd Floor | 1,600 SF | Office | Full Build-Out | 30 Days |
2nd Floor
| Size |
| 1,600 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
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2nd Floor
| Size | 1,600 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 30 Days |
Well laid out office suite with kitchen, conference room and multiple privates
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Walk Score ®
Walker's Paradise (100)
Transit Score ®
Rider's Paradise (92)
Bike Score ®
Very Bikeable (86)
PROPERTY TAXES
| Parcel Number | 17-09-204-013-0000 | Improvements Assessment | $216,906 |
| Land Assessment | $56,095 | Total Assessment | $273,001 |
PROPERTY TAXES
Parcel Number
17-09-204-013-0000
Land Assessment
$56,095
Improvements Assessment
$216,906
Total Assessment
$273,001
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105 W Chicago Ave
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