120 S State St - Office CONDO FOR SALE


Chicago, IL 60603
$998,000 USD
331-305-4840
120 S State St, Chicago, IL for Sale
$998,000 USD
Office CONDO - FOR SALE
1/26
null | Request Cap Rate

120 S State St
Chicago, IL 60603


HIGHLIGHTS

  • A unique opportunity to own a part of Chicago’s historic architecture
  • The building’s mixed-use classification as a residential and office property reduces the tax burden by nearly 50%
  • Convenient transportation right outside the front door, including CTA buses, the Red Line underground station, .and Loop L stops.

OVERVIEW

Originally constructed in 1926 the Singer Building is a historic Gothic Revival structure with intricate details, located on State Street. The Building, designed by Mundie & Jensen, is a ten story structure with a Gothic Revival design. It features terracotta decorations, piers at the corners, and sets of three double-hung windows on each story. With its slender dimensions, the building offers one unit per floor, accommodating a mix of residential and office users.

FOR SALE DETAILS

PRICE

$998,000 USD

PRICE/SF

$434 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

24,500 SF

STORIES

10

BUILDING CLASS

C

YEAR BUILT

1926

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

DX16

APN/PARCEL ID

17-16-213-022-1001,17-16-213-022-1002,17-16-213-022-1003,17-16-213-022-1005,17-16-213-022-1006,17-16-213-022-1007,17-16-213-022-1008,17-16-213-022-1009,17-16-213-022-1010,30-08-203-038-0000

ASK ABOUT THIS PROPERTY

Zane McCartneyCaton Commercial Real Estate GroupMore Info
331-305-4840

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Zane McCartneyCaton Commercial Real Estate GroupMore Info
331-305-4840

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.