1355 W Washington Blvd - Apartments CONDO FOR SALE


Chicago, IL 60607- Fulton Market
$359,000 USD
773-879-0713
1355 W Washington Blvd, Chicago, IL for Sale
$359,000 USD
Apartments CONDO - FOR SALE
1/18
null | Request Cap Rate

1355 W Washington Blvd
Chicago, IL 60607
Fulton Market


OVERVIEW

A rare retail and office condo in the heart of the West Loop offers a strong NNN investment opportunity with a long-term tenant already in place. The lease is secured until August 2026 and includes two five-year renewal options. The unit features 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 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 development that will transform 55 acres into a sprawling campus featuring music venues, retail, hotels, green spaces, and affordable housing. Construction starts this Spring.

FOR SALE DETAILS

PRICE

$359,000 USD

PRICE/SF

$399 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Retail Condo Investment For Sale

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

45,048 SF

STORIES

6

BUILDING CLASS

B

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

C1-3

APN/PARCEL ID

17-08-335-051-1002

ASK ABOUT THIS PROPERTY

Tuyen Nguyen, CCIMChicago Real Estate Resources, IncMore Info
773-879-0713

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Tuyen Nguyen, CCIMChicago Real Estate Resources, IncMore Info
773-879-0713

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