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105 W Chicago Avenue, Chicago, IL 60654
$4,500,000
105 W Chicago Avenue, Chicago, IL 60654View this property at 105 W Chicago Avenue, Chicago, IL 60654
105 W Chicago AvenueChicagoIL60654
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Property Description
7,500 square foot, three-story plus a full basement, mixed-use property at the southwest corner of Clark Street and Chicago Avenue in the desirable River North neighborhood. Situated on a 2,614 square foot site, the subject was constructed for the current owners and is comprised of a 1,000 square foot retail space on the ground floor that is currently a restaurant, a well appointed 1,600 square foot office suite on the second floor and a two-bedroom, two-bath apartment with lofted space on the third floor, plus a spectacular roof deck. All of the mechanicals and roof are newer and meticulously maintained. The property benefits from its excellent visibility, as it is located on one of the main east/west and north/south arteries in the city. The visibility and in-place income coupled with the easy access to Lake Shore Drive, the I-90/I-94 Expressway and public transportation makes this offering the perfect opportunity for an investor or user to acquire a boutique multi-unit building in the heart of the vibrant River North neighborhood. The River North neighborhood of Chicago is a sought-after location for both business and residential because of its central location, connecting Fulton Market, River West, the Loop, Gold Coast, Streeterville, and the Magnificent Mile. This vibrant neighborhood hosts a multitude of retail shopping options, art galleries, hotels and high-end residential. The neighborhood is also Chicago's go-to hub of nightlife and entertainment, featuring many of the city's acclaimed bars and clubs. This area has a high population density with more than 14,300 existing multi-family units, 2,760 more under construction, and over 1,380 proposed. The area continues to see a significant increase in residential developments and developer / investor activity over the past several years. Price upon request
Full Property Details
Full Property Details for 105 W Chicago Ave
General
- Price: $4,500,000
- Taxes: $38,225 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 11862139
- Updated: 1/18/2024
- Added to Site: 255 day(s) ago
Additional Information
- Security/Safety: Other
Location
- Area: Confidential Commercial Listings
- County: Cook
- Township: Stickney
- Driving Directions: Located at the southwest corner of Clark Street and Chicago Avenue
- Location Details: Downtown Chicago
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Other
Structural Information
- Stories/Levels: 3
- # of Stores: 1
- Year Built: 2010
Lot Features
- Lot Size (Sq. Ft.): 7,500
- Lot Dimensions: 7500
- Zoning: OTHER
Financial Considerations
- Lease Price: $65
- Security Deposit: Other
- Assessment Year: 2010
- Tax Amount: $38,225
- Tax Year: 2022
Disclosures and Reports
- Property ID: 1709204013
Listed by Millennium Properties RE, Inc.
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Schools
Schools serving 105 W Chicago Ave
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
24 W Walton St, Chicago, IL 60610 | PK-8 | 0.3 mi | |
936 N Ashland Ave, Chicago, IL 60622 | 9-12 | 1.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 105 W Chicago Ave
Date
Details
Price
Change
Source
8/16/2023
Listed
$4,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 105 W Chicago Ave
105 W Chicago Avenue, Chicago, IL 60654 (MLS# 11862139) is a Commercial property. 105 W Chicago Avenue is currently listed for $4,500,000 and was received on August 16, 2023. Want to learn more about 105 W Chicago Avenue? Do you have questions about finding other Commercial real estate for sale in Chicago? You can browse all Chicago real estate or contact a Coldwell Banker agent to request more information.