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29332018
29332019

216 S Jefferson St Portfolio, Chicago, IL 60661

CP
IL 475152802
SVN | Chicago Commercial
JJ
IL 475182945
SVN | Chicago Commercial Rosemont
Listed by SVN | Chicago Commercial, SVN | Chicago Commercial Rosemont
$695,000
135 days on market
Updated 3 days ago

Lower Level West Loop Office Condos For Sale LL2, LL3 & LL4

Details
Property Type Office
Sub Type Creative Office, Traditional Office (+1)
Square Footage 5,900
Tenancy Multi
Lease Type NNN
Price per SqFt $118
Broker Co-Op Yes
Year Renovated 2020
Zoning DX-7
Investment Type Owner/User

Three Office Condos For Sale | 5,900 SqFt

Marketing description

Property Description

Three rarely available office condos for sale in Chicago’s West Loop neighborhood. The units provide an opportunity for both investors and owner-users looking to secure a long-term asset in a premier location.

The three office condos comprise a total of 5900 SF with individual unit sizes ranging from 1,100 SF to 2,600 SF. The offering provides investors an affordable entry point into the West Loop’s historically strong office market while presenting owner/users the opportunity to bypass rising lease costs and build equity in an excellent location.

Existing layouts are roughly 75% open with a good mix of private offices and conference rooms. Spaces are move-in ready but can be easily reconfigured to accommodate a wide variety of uses.

Secure and accessible environment with 24-hour access, a state-of-the-art intercom and buzzed entry system, and on-site building management. Abundant paid and metered parking options.

Location Description

Located in Chicago's West Loop, a dynamic and highly sought-after neighborhood known for its rapid transformation from a former industrial hub into a vibrant urban center. The property is situated just west of the Chicago River, offering excellent accessibility to the Central Business District (the Loop) and major transportation arteries, including the CTA 'L' trains (Green, Pink, and Blue Lines) and Ogilvie and Union train stations. Situated 0.2 miles from Union Station, 0.4 miles from Ogilvie Transportation Center, and in proximity to I-290 & I-90.

Investment highlights

Highlights

  • 5,900 SF total between three units

  • Zoned DX-7 for myriad of uses

  • 24-hour building access

  • Intercom and buzzed system for security

  • On-site building management

  • Abundant paid and metered parking

Listing Contacts

CP
IL 475152802
SVN | Chicago Commercial
JJ
IL 475182945
SVN | Chicago Commercial Rosemont
Listed by SVN | Chicago Commercial, SVN | Chicago Commercial Rosemont

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