1355 W Washington Boulevard Active Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60607
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 45,058 sqft
Price per Sqft $7
MLS Listing ID 12322367
Year Built 2007
Annual Tax Amount $12,169
Tax Year 2023
Lot Dimensions .10
Property Sub-Type Retail/Stores
Property Description
A rare retail and office condo in the heart of the West Loop presents a solid NNN investment opportunity with a long-term medical wellness tenant already in place. The lease is secured until August 2026 and includes two five-year renewal options. The unit includes one indoor garage parking space with convenient rear access. The seller is providing favorable financing terms. This represents an excellent investment opportunity with a positive cash flow asset and no maintenance required in one of Chicago's most desirable neighborhoods. It is located near highway access and is in proximity to the Washington/Wells Station and Ogden Avenue, just 5 minutes from the United Center. The city council has approved the 1901 Project, a seven billion dollar development that will transform 55 acres into a sprawling campus featuring music venues, retail, hotels, green spaces, and affordable housing. Construction starts this spring.
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling Central Air,Central Individual
Flooring Vinyl
Fireplace N
Exterior
View Y/N true