50 E Washington Street
Chicago, IL, 60602
$1,250,000
Beds
0 Baths
0 SqFt
0 Acres
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$1,250,000
50 E Washington Street
Chicago, IL, 60602
MLS #MRD11891272 image #0MLS #MRD11891272 image #1MLS #MRD11891272 image #2MLS #MRD11891272 image #3MLS #MRD11891272 image #4
A 12,386 square foot turn-key condominium situated on the northeast corner of Wabash Avenue and Washington Street in the Jewelers Row District. Located on the third floor, the suite is built-out with high-end finishes and benefits from incredible unobstructed views of Lake Michigan, Millennium Park, and the city. The unit has been improved with numerous offices, conference rooms, a kitchen and is in move-in condition. Because the space can be easily sub-divided, this is the perfect opportunity for a user or investor. There is also the potential for SBA financing which offers low interest rates and favorable terms. The unit is part of the historic 21-story Garland Building, which was constructed in 1914 and contains 259,000 square feet of commercial space and has approximately 170 units. The property continues to sustain high occupancy levels with stable long-term tenants from the medical, dental, financial, legal and non-profits sectors. On-site valet parking is available. The East Loop submarket is a highly desirable location due to its proximity to government buildings, restaurants, shopping, entertainment and other amenities. Specifically, this high visibility location is just a few blocks away from Millennium Park and has easy access to public transportation, parking and expressways. This busy corridor benefits from the high traffic and foot counts.

Property Details

Price:
$1,250,000
MLS #:
MRD11891272
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Office
Neighborhood:
chiloop
Listed Date:
Sep 21, 2023
Total Sq Ft:
259,000
Year Built:
1914
Chi – LoopChiloop

Schools

Interior

Cooling
Central Air

Exterior

Stories
21

Financial

Tax Year
2021
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Property Summary

    50 E Washington Street Chicago IL is a Commercial for sale in Chicago, IL, 60602. It is listed for $1,250,000 To schedule a showing of MLS#mrd11891272 at 50 E Washington Street in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
50 E Washington Street
Chicago, IL