833 W Chicago Avenue
Chicago, IL, 60642
$9,999,000
Beds
0 Baths
40,000 SqFt
0 Acres
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$9,999,000
833 W Chicago Avenue
Chicago, IL, 60642
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Prime Chicago’s Northwest Loop/River North, a neighborhood combining commercial and residential at the corner of Chicago Ave., and Green St., just steps west of Halsted St., historical charm six-story brick loft timber building with today’s functionality, featuring passenger elevator, 13′ and 12′ ceilings height, original exposed brick walls, each floor has 2-sets of large female and male bathrooms, 2-wide staircase on the east side and the northwest side, exposed heat and AC ceiling ducts, lots of wide & large windows providing natural lights in, 2009, sprinkler system, 833- 843, Chicago Ave., buildings are 3-story height. Minutes to Chicago’s loop, Magnificent Mile/Michigan Ave., major roads, interstate, bus stops, and within a short distance to the train station. 3-toproof furnaces, 2020 and 2010. Downtown service district, of DS 5 zoning/downtown’s periphery with continued growth. This beautiful building and great location provide immediate stable income with value-add opportunity/potential. The property is currently about 80% occupied. The street level 10,000 Sq. ft. retail space is strongly established and presents solid income. Possible conversion of multifamily apartments.

Property Details

Price:
$9,999,000
MLS #:
MRD12335265
Status:
Active
Beds:
0
Baths:
0
Address:
833 W Chicago Avenue
Type:
Commercial
Neighborhood:
CHI – West Town
City:
Chicago
Listed Date:
Apr 11, 2025
State:
IL
Finished Sq Ft:
40,000
Total Sq Ft:
40,000
ZIP:
60642
Year Built:
1909

Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Brick
Roof
Rubber

Financial

Net Operating Income
$515,699
Tax Year
2023
Taxes
$250,000
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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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833 W Chicago Avenue
Chicago, IL