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- LoopNet Team
75 E 16th St
Chicago, IL 60616
75 E 16th · Retail Property For Sale
Investment Highlights
- Retail condominium in booming South Loop
- Amply plumbing
- Liquor License
- Very Strong Demographics
- Light food service, bar, coffee, juice
- Easily converted to any retail need
Executive Summary
Retail condominium in the booming South Loop neighborhood of Chicago. Currently occupied by the very popular 16th Street Bar & generating strong annual revenue. Licensed and approved for liquor sales. Amply plumbed & can be easily converted to any retail or medical use. This approximately 1,100 square foot space features stylish design, herringbone pattern wood flooring, stylish fixtures, attached bar, two restrooms, three compartment sink, slop sink, storage, pantry, utility closet & spacious open floor plan with frontage along E 16th & excellent visibility. Can be delivered vacant subject to current lease &/or in vanilla box condition. Location boasts strong demographics and booming population. Walk score and transit score of 100! Walkers & Riders Paradise. Average annual household income within 1 mile is $132,834. Average retail rent is $29.56 and vacancy rate is 7.5%. Annual Consumer spending within 1-mile is $923,149,736. Why rent when you can Buy. www.adamlashcre.com
PROPERTY FACTS
Property Type | Retail | No. Stories | 1 |
Property Subtype |
Bar
|
Year Built | 2000 |
Gross Leasable Area | 1,100 SF | APN / Parcel ID | 17-22-301-057-1005 |
Property Type | Retail |
Property Subtype |
Bar
|
Gross Leasable Area | 1,100 SF |
No. Stories | 1 |
Year Built | 2000 |
APN / Parcel ID | 17-22-301-057-1005 |
Links
zoning
Zoning Code | DX-5 (Downtown Mixed-Use District) |
DX-5 (Downtown Mixed-Use District) |
Learn More About Investing in Retail Properties
Listing ID: 30981177
Date on Market: 2/16/2024
Last Updated:
Address: 75 E 16th St, Chicago, IL 60616
The Retail Property at 75 E 16th St, Chicago, IL 60616 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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