Patten Building – Former Medical Clinic (3,137 SF)
Office | 3,137 SqFt
Marketing description
The offering presents an opportunity to acquire a 3,137 SF ground‑floor retail condominium located in the Patten Building at 161 W Harrison Street, within Chicago’s South Loop / Printer’s Row submarket. Positioned at the corner of Harrison Street and Financial Place, the property benefits from strong street visibility and a highly accessible urban location.
The space was formerly operated as a medical clinic and features an existing build‑out suitable for medical, wellness, or professional office users, with the flexibility to be reconfigured for retail use. The existing improvements provide a turnkey foundation for an owner‑user while also supporting investor demand for adaptable street‑level space.
The Patten Building is a professionally managed mixed‑use condominium property with residential units above, providing built‑in foot traffic and consistent daily activity. The surrounding area is characterized by dense residential development, proximity to downtown employment centers, and excellent public transportation access.
This offering is well suited for an owner‑user seeking a long‑term downtown presence or an investor pursuing a stabilized or value‑add commercial condominium in one of Chicago’s most established urban neighborhoods.
Investment highlights
- 3,137 SF ground‑floor retail condominium located in the Patten Building, a mixed‑use property in Chicago’s South Loop / Printer’s Row submarket
- Former medical clinic with existing build‑out, offering reduced upfront capital costs and flexibility for medical, office, or retail repositioning
- Corner location at Harrison Street and Financial Place, providing strong visibility and street presence
- Situated within a 95‑unit residential condominium building, supporting consistent foot traffic and demand for street‑level commercial space
- DX‑12 (Downtown Mixed‑Use District) zoning, allowing a broad range of commercial uses (subject to condominium and municipal approval)
- Condominium ownership structure provides efficient management and shared responsibility for common areas
- Well suited for owner‑users seeking long‑term occupancy or investors targeting stable urban commercial assets
- Located in a highly walkable, transit‑oriented downtown environment near major employment centers and residential density
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
