174-178 N Wells St | Chicago, IL 60606
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174-178 N Wells St
Chicago, IL 60606
Retail Property For Sale
Investment Highlights
- In close proximity to the new $150-million Chicago Riverwalk, also the Art Institute of Chicago, Columbia College, and Millennium Park.
- High traffic counts: 10,650 vehicles per day on N Lake Street, 4,900 vehicles per day on N Wells Street.
Executive Summary
Single-story retail / commercial building with three separate spaces, and two current tenants. Chicago’s Loop, within blocks from Willis Tower and Ogilvie Transportation Center with daily Metra Services. Zoned DC-16 Downtown Core District.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
4,498 SF
Building Class
C
Year Built
1946
Price
$1,950,000
Price Per SF
$434
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.75
Lot Size
0.14 AC
Zoning
C3-7, Chicago
Frontage
74 FT on Wells St
Amenities
- Bus Line
- Commuter Rail
- Signage
PROPERTY TAXES
| Parcel Number | 17-09-430-019-0000 | Improvements Assessment | $16,400 |
| Land Assessment | $600,600 | Total Assessment | $617,000 |
PROPERTY TAXES
Parcel Number
17-09-430-019-0000
Land Assessment
$600,600
Improvements Assessment
$16,400
Total Assessment
$617,000
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