Courtesy of Chicago Hillcrest Realty Inc

50 E 16th Street Unit: C-1A

Chicago, IL, 60616

$3,500,000

$453 per ft²
$3,500,000
$453 per ft²
Active
Active
 - For Sale
carpenters-square
7,725 ft²
property_type
Commercial
calendar
Built 2009
Wow!!! Fabulous South Loop commercial occupied condo/store front for sale with long term successful tenant***The one and only "URBAN PAWS" in the space or opportunity to open YOUR BUSINESS!!!*** Turn key investment opportunity where tenant pays everything (triple net lease) and new owner could just collect the rent/generate great annual income! Since one of the owners of the property is owner the business "URBAN PAWS" they can relocate and you could have a PRIME LOCATION FOR YOUR BUSINESS so this is just the option if you need the space for your use!!!! This is very desirable Ground floor of a 176 unit luxury residential condo building - The Guild. Approximately 8,000 SF of space with 157 ft of frontage on Wabash. Amazing corner location with HIGH TRAFFIC AND VISIBLE AREA!!! Very rare opportunity to acquire a large block of ground floor commercial space in Chicago's HOT SOUTH LOOP!!! Multiple entrances would allow an investor to sub-divide the space to multiple tenants in the far future if needed! Indoor parking spaces available for purchase as well. Located in the heart of Chicago's South Loop directly on the corner of 16th and Wabash, steps to Columbia College, near retail shops, restaurants, Mariano's, Soldier Field/Field Museum, Lakefront, Fred Anderson Dog Park.Near McCormick Place Convention Center and other neighborhood amenities. Easy access to public transportation RED LINE, Roosevelt CTA AND BUSES. Easy street parking! Don't disturb the tenant with any questions-call/text listing agent for more info or private tour.
MLS® ID:
11382472
Listed:
4/21/22
Updated:
8/13/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
None

Exterior/Building Features

Lot Size
0.31 acres lot
Roof
Rubber

Other Property Details

Area Name
CHI - Near South Side
Taxes
$40000
Tax Frequency
per YEAR
Garage
No
Parking
N
View
N
County
Cook
Pool
No
Total Stories
12
Zoning
COMMR

Property History

Date
Event
Price
Value
5/29/22
Price Change
$3,500,000
-7%

 

Courtesy of Chicago Hillcrest Realty Inc

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Data last updated 2:53 PM UTC, 8/13/22

 

 

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