$359,000
1355 W Washington Boulevard
Chicago, IL, 60607
A rare retail and office condo in the heart of the West Loop presents a solid NNN investment opportunity with a long-term medical wellness tenant already in place. The lease is secured until August 2026 and includes two five-year renewal options. The unit includes 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 is in 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 dollar development that will transform 55 acres into a sprawling campus featuring music venues, retail, hotels, green spaces, and affordable housing. Construction starts this spring.
Property Details
Price:
$359,000
MLS #:
MRD12322367
Status:
Active
Beds:
0
Baths:
0
Address:
1355 W Washington Boulevard
Type:
Commercial
Neighborhood:
CHI – Near West Side
City:
Chicago
Listed Date:
Mar 26, 2025
State:
IL
Finished Sq Ft:
45,058
Total Sq Ft:
45,058
ZIP:
60607
Year Built:
2007
Schools
Interior
Cooling
Central Air, Central Individual
Flooring
Vinyl
Exterior
Financial
Tax Year
2023
Taxes
$12,169
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
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1355 W Washington Boulevard
Chicago, IL
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