162 N Franklin St - Loft/Creative Space CONDO FOR SALE


Chicago, IL 60606
$680,000 USD
312-320-8245
162 N Franklin St, Chicago, IL for Sale
$680,000 USD
Loft/Creative Space CONDO - FOR SALE
1/9
null | Request Cap Rate

Jan '25


162 N Franklin St
Chicago, IL 60606


HIGHLIGHTS

  • Wood loft commercial condominium
  • Can be office space or service provider space (currently sign shop)
  • Own your space (and build equity) rather than rent forever

OVERVIEW

Commercial Condominium at Randolph and Franklin. Built out +/- 3,676 sf space loft office / workspace. 3 private offices, 4 open work areas, reception, kitchenette, 2 internal washrooms, storage, server room, individual HVAC. sprinklered, The building has both a passenger and a freight elevator There is hardwood flooring under the carpet. Fantastic center city location. Ample parking within 1/4 block. Tenant occupied until 12.31.2024. Sold AS IS

FOR SALE DETAILS

PRICE

$680,000 USD

PRICE/SF

$185 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

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Industrial Live/Work Unit

TOTAL BUILDING SIZE

48,100 SF

STORIES

6

BUILDING CLASS

C

YEAR BUILT

1906

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

DC-16, Chicago

APN/PARCEL ID

17-09-429-017-1004

ASK ABOUT THIS PROPERTY

Bruce HellerColdwell Banker Commercial RealtyMore Info
312-320-8245

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Bruce HellerColdwell Banker Commercial RealtyMore Info
312-320-8245

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