114-120 N Halsted Street
Chicago, IL, 60607
$2,780,000
Beds
0 Baths
4,850 SqFt
0 Acres
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$2,780,000
114-120 N Halsted Street
Chicago, IL, 60607
MLS #MRD12353353 img 0MLS #MRD12353353 img 1MLS #MRD12353353 img 2MLS #MRD12353353 img 3MLS #MRD12353353 img 4
Fee-simple interest in 114-120 N. Halsted Street (the “Property”), a Fully leased urban infill retail investment located in Chicago’s Fulton Market / West Loop neighborhood. The Property is a three-tenant commercial condo that is located steps from Fulton Market’s primary retail thoroughfare, Randolph Street, with a mix of eclectic restaurants and high-end national retailers. The Property comprises three adjacent first-floor retail spaces, totaling 4,850 square feet. The condo is leased to Aqua Wine and Spirits, Love You Nail Studio, and Healthy Zu Spa. The tenancy offers a phenomenal weighted average lease term remaining of 6.2 years, annual rent increases. The Property benefits from its prime location in Chicago’s hottest neighborhood amongst a robust retail corridor, world-class business district, and many acclaimed restaurants and hotels. Fulton Market / West Loop hosts an abundance of premier corporate offices, including Google’s regional headquarters, McDonald’s Global HQ, Dyson, John Deere, Mondelez, Coca-Cola, Boston Consulting Group, and Kimberly-Clark to name a few. Known for its trendy restaurants and nightlife, Fulton Market has a thriving retail scene with many of the nation’s most popular retailers opening stores in the neighborhood over the last decade. With more than 10,000 new residential units and an additional 5 million square feet of office and life science space either proposed or under construction, Fulton Market and West Loop are poised for continued expansion and strong demand. The Property is situated just four blocks away from the CTA Green / Pink Line ‘L’ station at Morgan Street and just steps from CTA bus routes #8 and #20 on Halsted Street and Madison Street. Ogilvie Transportation Center and Chicago Union Station are within 0.5 miles of the Property.

Property Details

Price:
$2,780,000
MLS #:
MRD12353353
Status:
Active
Beds:
0
Baths:
0
Address:
114-120 N Halsted Street
Type:
Commercial
Neighborhood:
CHI – Near West Side
City:
Chicago
Listed Date:
May 1, 2025
State:
IL
Finished Sq Ft:
4,850
Total Sq Ft:
4,850
ZIP:
60607
Year Built:
2009

Schools

Interior

Cooling
Central Air

Exterior

Financial

Net Operating Income
$208,736
Tax Year
2023
Taxes
$64,200
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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114-120 N Halsted Street
Chicago, IL