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Join South Loop Market, Subway, Lerner & Roew Law Offices and IL Culaccino restaurant at Arrive Lex. High-profile retail/commercial space w/ public parking on the ground floor of this 333-unit luxury apartment development in Chicago's South Loop. 2nd generation fitness space, approx. 3,363 SF available. Complete fitness infrastructure including bathrooms, locker rooms with showers, lockers, reception, two large open workout areas, rubber flooring, private office and much more. Many other potential uses include retail, medical, and office. Across the street from the 10,000-seat Wintrust Arena, 1,200-room Marriott Marquis Hotel, 450-room Hilton hotel/retail complex, Chicago's McCormick Place Convention Center and Hyatt Hotel. New immediate area tenants include Starbucks and Fatpour Tavern. The development provides fantastic exposure for any business with the space boasting over 40' of frontage on high-profile Cermak Rd. The property also has a convenient, on-site indoor parking garage.

Full Property Details for 2138 S Indiana Ave

General

  • Taxes: $36,993 (2023)
  • Status: Closed
  • Type: Commercial Lease
  • Source: MRED
  • MLS ID: 12134344
  • Added to Site: 539 day(s) ago

Additional Information

  • Security/Safety: Sprinklers (Wet)

Location

  • Area: CHI - Near South Side
  • County: Cook
  • Driving Directions: Corner of Michigan Ave. & Cermak
  • Location Details: Central Business District, Mixed-Use Area

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Forced Air, Gas

Utilities

  • Water: Municipal Water
  • Onsite: Electricity Available, Natural Gas Available, Sewer Connected, Water Available

Structural Information

  • Construction: Concrete
  • Exterior Const.: Concrete
  • Stories/Levels: 1
  • Current Bldg. Use: Commercial, Development, Other
  • Year Built: 1890

Lot Features

  • Frontage: City Street
  • Zoning: COMMR

Financial Considerations

  • Lease Price: $25
  • For Sale/Rent/Lease: For Rent Only
  • Operating Expenses: $6,726
  • Security Deposit: Sprinklers-Wet
  • Assessment Year: 1890
  • Tax Amount: $36,993
  • Tax Year: 2023
  • Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Operating Stops, Taxes, Insurance, Repairs, Scavenger, Tax Stops

Disclosures and Reports

  • Documents Avail.: Aerial Map, Demographics, Floor Plan, Traffic Counts, Backup Package

Listed by Sperry Van Ness
Sold by Baird & Warner Fox Valley - Geneva

Listing agent

— 2138 S Indiana Ave —

  • Sperry Van Ness

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2138 S Indiana Ave

School District:Chicago Public School District 299
NameGradesDistance
National Teachers Elementary Academy
55 West Cermak Road, Chicago, IL 60616
PK-80.3 mi
Phillips Academy High School
244 East Pershing Road, Chicago, IL 60653
12-112 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2138 S Indiana Ave

Date
Details
Price
Change
Source
8/30/2024
Sold
$25
—
MLS
8/30/2024
Listed
$25
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Sperry Van Ness
Sold by Baird & Warner Fox Valley - Geneva

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2138 S Indiana Avenue, Chicago, IL 60616 (MLS# 12134344) is a Commercial Lease property that was sold on August 30, 2024. Want to learn more about 2138 S Indiana Avenue? Do you have questions about finding other Commercial Lease real estate for sale in Near South Side? You can browse all Near South Side real estate or contact a Coldwell Banker agent to request more information.