$2,650,000
1640 S State Street
Chicago, IL, 60616
Subject property is a 13,531 square foot commercial property located at the corner of 16th and State Streets in the South Loop neighborhood. This single-tenant , single-story industrial property is leased to Fleet Distributors, Inc. The tenant is currently on a month-to-month lease and has occupied the building since January 2001. There is the potential to develop this site with the parcel located at 1639-1701 South State Street. Positioned amidst a dense commercial area within the heart of downtown Chicago, this property is in close proximity to The Loop, Michigan Avenue shops and restaurants, Jewel-Osco, Whole Foods, Target and Trader Joe’s. Landmarks such as Grant Park, Soldier Field, The Art Institute of Chicago, several schools and museums are nearby. Easy accessibility to CTA Red, Orange and Green lines and expressways I90/94/290/55.
Property Details
Price:
$2,650,000
MLS #:
MRD11739914
Status:
Active
Beds:
0
Baths:
0
Address:
1640 S State Street
Type:
Commercial
Subtype:
Other
Neighborhood:
CHI – Near South Side
City:
Chicago
Listed Date:
Mar 17, 2023
State:
IL
Finished Sq Ft:
13,531
Total Sq Ft:
13,531
ZIP:
60616
Year Built:
1955
Schools
Interior
Cooling
Central Air
Exterior
Financial
Tax Year
2023
Taxes
$102,259
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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1640 S State Street
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