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29332318
29332319

261 S Jefferson St Unit LL4, Chicago, IL 60607

CP
IL 475152802
SVN | Chicago Commercial
JJ
IL 475182945
SVN | Chicago Commercial Rosemont
Listed by SVN | Chicago Commercial, SVN | Chicago Commercial Rosemont
$130,000
138 days on market
Updated 5 days ago

West Loop Office Condo For Sale | LL4

Details
Property Type Office
Sub Type Creative Office, Traditional Office (+1)
Square Footage 1,100
Units 1
Tenancy Vacant
Lease Type NNN
Price per SqFt $118
Broker Co-Op Yes
Class B
Year Renovated 2020
Zoning DX-7
Investment Type Owner/User

Office Condo | 1,100 SqFt

Marketing description

Property Description

Rarely available office condo investment sale available in Chicago’s West Loop neighborhood. The unit provides an opportunity for investors looking to secure a long-term asset in a premier location.

The 1,100 SF condo is currently leased to an established salon, running through August 2028 with scheduled rent escalations. Space includes reception area, 4 treatment rooms and breakroom. Available as part of a 5,900 SF portfolio of the entire lower level.

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

  • Perfect for Investors

  • 1,100 SF

  • Leased through August 2028

  • Annual rent bumps

  • Part of a 5,900 SF LL office condo portfolio

  • 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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