1351-1355 W Washington Blvd
Retail | 959 SqFt
Marketing description
A rare retail and office condo in the heart of the West Loop presents a solid NNN investment opportunity with a long-term medical wellness tenant already in place. The lease is secured until August 2026 and includes two five-year renewal options. The unit includes one indoor garage parking space with convenient rear access. The seller is providing favorable financing terms. This represents an excellent investment opportunity with a positive cash flow asset and no maintenance required in one of Chicago's most desirable neighborhoods. It is located near highway access and is in proximity to the Washington/Wells Station and Ogden Avenue, just 5 minutes from the United Center. The city council has approved the 1901 Project, a $7 billion development that will transform 55 acres into a sprawling campus featuring music venues, retail, hotels, green spaces, and affordable housing. Construction starts this spring.
Investment highlights
- Rare retail and office condo in the heart of the West Loop
- Solid NNN investment opportunity with a long-term medical wellness tenant in place
- Lease secured until August 2026 with two five-year renewal options
- Includes one indoor garage parking space with convenient rear access
- Seller providing favorable financing terms
- Positive cash flow asset with no maintenance required
- Located near highway access, Washington/Wells Station, and Ogden Avenue
- Just 5 minutes from the United Center
- City council approved the 1901 Project - a $7 billion development transforming 55 acres
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