$4,500,000
105 W Chicago Avenue
Chicago, IL, 60654
7,500 square foot, three-story plus a full basement, mixed-use property at the southwest corner of Clark Street and Chicago Avenue in the desirable River North neighborhood. Situated on a 2,614 square foot site, the subject was constructed for the current owners and is comprised of a 1,000 square foot retail space on the ground floor that is currently a restaurant, a well appointed 1,600 square foot office suite on the second floor and a two-bedroom, two-bath apartment with lofted space on the third floor, plus a spectacular roof deck. All of the mechanicals and roof are newer and meticulously maintained. The property benefits from its excellent visibility, as it is located on one of the main east/west and north/south arteries in the city. The visibility and in-place income coupled with the easy access to Lake Shore Drive, the I-90/I-94 Expressway and public transportation makes this offering the perfect opportunity for an investor or user to acquire a boutique multi-unit building in the heart of the vibrant River North neighborhood. The River North neighborhood of Chicago is a sought-after location for both business and residential because of its central location, connecting Fulton Market, River West, the Loop, Gold Coast, Streeterville, and the Magnificent Mile. This vibrant neighborhood hosts a multitude of retail shopping options, art galleries, hotels and high-end residential. The neighborhood is also Chicago’s go-to hub of nightlife and entertainment, featuring many of the city’s acclaimed bars and clubs. This area has a high population density with more than 14,300 existing multi-family units, 2,760 more under construction, and over 1,380 proposed. The area continues to see a significant increase in residential developments and developer / investor activity over the past several years. Price upon request
Property Details
Price:
$4,500,000
MLS #:
MRD11862139
Status:
Active
Beds:
0
Baths:
0
Address:
105 W Chicago Avenue
Type:
Commercial
Subtype:
Mixed Use
City:
Chicago
Listed Date:
Aug 16, 2023
State:
IL
ZIP:
60654
Year Built:
2010
Schools
Interior
Cooling
Central Air
Exterior
Financial
Buyer Agent Compensation
AS A PERCENTAGE OF THE NET SALE PRICE. THE NET SALE PRICE IS THE GROSS SALE PRICE MINUS AMOUNTS TO BE CREDITED OR PAID TO THE BUYER, AS REFLECTED IN THE INITIAL SALES CONTRACT. FOR COMMERCIAL LEASE PROPERTIES, NET COMPENSATION MAY BE PAID ON NEGOTIATED VARIABLES AS INDICATED IN THE COMPENSATION/COMMISSION AGREEMENT.Net Lease Price
Tax Year
2022
Taxes
$38,225
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
More About DebraMortgage Calculator
Map
Similar Listings Nearby
- 3159 N California Avenue
Chicago, IL$5,250,000
3.68 miles away
- 4300 N Hermitage Avenue
Chicago, IL$4,995,000
4.48 miles away
- 415 W Huron Street
Chicago, IL$4,800,000
0.82 miles away
- 2241 S Wabash Avenue
Chicago, IL$4,250,000
3.45 miles away
- 1301 S Wabash Avenue
Chicago, IL$3,950,000
2.61 miles away
- 434 W Ontario Street
Chicago, IL$3,750,000
0.80 miles away
- 1625 W Irving Park Road
Chicago, IL$3,700,000
4.05 miles away
- 1911 W Larchmont Avenue
Chicago, IL$3,675,000
4.07 miles away
- 1023 W Fulton Market Street
Chicago, IL$3,500,000
0.69 miles away
Courtesy of Millennium Properties RE, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Chicago, IL. Detailed information about real estate listings held by brokerage firms other than Compass / The Debra Dobbs Group include the name of the listing broker. Neither the listing company nor Compass / The Debra Dobbs Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Chicago, IL. All rights reserved.
105 W Chicago Avenue
Chicago, IL
LIGHTBOX-IMAGES