555 Jackson Boulevard
Chicago, IL, 60661
$18,681,854
0 Beds
0 Baths
0 SqFt
0 Acres
$18,681,854
555 Jackson Boulevard
Chicago, IL, 60661
Absolutely magnificent opportunity to own a 51 unit apartment building/hotel in the heart of the West Loop Gate. This was an office suites building that has been completely taken down to the brick, Timber Loft Building. Special attention has been accounted for, a completely furnished with warm modern feel as a class A Building. The building will be completely occupied by Sonder Hospitality mid to late February, 2023. The lease runs for 10 years with 2, 5-year options. 3% increases in rent year to year, compounding and perpetual. Unbelievable piece of property and exceptional lease with thriving multi national Hospitality Company, Sonder.

Property Details

Price:
$18,681,854
MLS #:
MRD11677156
Status:
Active
Beds:
0
Baths:
0.00
Address:
555 Jackson Boulevard
Type:
Commercial
City:
Chicago
Listed Date:
Nov 21, 2022
State:
IL
ZIP:
60661
Year Built:
1955

Schools

Interior

Exterior

Financial

Buyer Agent Compensation
1%
Net Operating Income
$1,024,462
Tax Year
2021
Taxes
$209,237
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Debra Dobbs is one of Chicago’s top realtors with more than 38 years in the real estate business.

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555 Jackson Boulevard
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