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434 W Ontario St

24,810 SF 100% Leased Office Building Chicago, IL 60654 $3,299,000 ($133/SF)

Executive Summary

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.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
24,810 SF
Building Class
B
Year Built/Renovated
1920/1996
Price
$3,299,000
Price Per SF
$133
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
4,792 SF
Slab To Slab
12’
Building FAR
5.18
Land Acres
0.11 AC
Zoning
DX-7, Chicago - Downtown Mixed-Use

Amenities

  • Property Manager on Site
  • Restaurant
  • Security System

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 4th Floor
  • 2,500-4,937 SF
  • Office
  • Full Build-Out
  • 30 Days
Space Size Space Use Condition Available
4th Floor 2,500-4,937 SF Office Full Build-Out 30 Days

4th Floor

Size
2,500-4,937 SF
Space Use
Office
Condition
Full Build-Out
Available
30 Days

4th Floor

Size 2,500-4,937 SF
Space Use Office
Condition Full Build-Out
Available 30 Days

Walk Score ®
Walker's Paradise (94)
Transit Score ®
Rider's Paradise (94)
Bike Score ®
Very Bikeable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17-09-127-019-0000
Land Assessment
$250,000
Improvements Assessment
$519,376
Total Assessment
$769,376
  • Listing ID: 27909745

  • Date on Market: 3/7/2023

  • Last Updated:

  • Address: 434 W Ontario St, Chicago, IL 60654

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