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216 S Jefferson Street #601, Chicago, IL 60661
$700,000
216 S Jefferson Street #601, Chicago, IL 60661View this property at 216 S Jefferson Street #601, Chicago, IL 60661
216 S Jefferson Street #601ChicagoIL60661
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Property Description
Introducing an exceptional corner office space located on the top floor of a mixed use timber loft building in the West Loop Gate just west of the central business district of Chicago - the Loop. With approximately 4,000 square feet of versatile space, this top floor corner unit boasts timber beams, 14' ceilings with an abundance of natural light streaming through the windows, enhances the ambiance and creates an inviting and energizing workspace. The layout of this office is optimized for productivity and functionality, it includes a reception area, waiting area, conference room, six well-appointed offices, two flexible workspaces-inspiring creativity and fostering collaboration, kitchenette, and storage. Located in proximity to the West Loop, this office is surrounded by a variety of dining, shopping, and entertainment options. It is a hub for professionals and entrepreneurs, conveniently located to transportation options, 90/94/290/55 expressways, Union Station railways, and the Blue Line trains. The property is currently tenant occupied until 8/31/2024 offering a 7% cap rate currently, with an option to renew. The property may be available for owner occupancy as well at the lease term.
Full Property Details
Full Property Details for 216 S Jefferson St #601
General
- Sold For: $700,000
- Taxes: $33,684 (2022)
- Status: Closed
- Type: Commercial
- MLS ID: 11923010
- Added to Site: 180 day(s) ago
Interior
- Interior Features: Freight Elevator(s), Janitorial Service, Public Restroom(s), Storage Inside
- Flooring: Carpet, Wood
Additional Information
- Security/Safety: Alarm on Site, Fire Extinguisher(s)
Parking
- Parking Features: Parking-Street
Location
- Area: CHI - Near West Side
- County: Cook
- Driving Directions: Jefferson south of Adams to 216
- Location Details: Downtown Chicago
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat
Structural Information
- Exterior Const.: Brick
- Sub-Flooring: Carpet, Wood
- Stories/Levels: 6
- Square Feet: 51,000
- Year Built: 1895
- Built Before 1978: Yes
Unit Information
- # Tenants: 1
- Extra Storage Avail: Yes
Lot Features
- Lot Size (Sq. Ft.): 10,500
- Lot Dimensions: 70 x 150
- Potential Use: Conditional Use
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $24,870
- Security Deposit: Alarm On Site, Fire Extinguisher/s
- Assessment Year: 1895
- Tax Amount: $33,684
- Tax Year: 2022
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Janitorial Service, Taxes, Insurance
Disclosures and Reports
- Property ID: 17161110281022
Listed by Century 21 S.G.R., Inc.
Sold by Non Member
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Schools
Schools serving 216 S Jefferson St #601
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
1260 W Adams St, Chicago, IL 60607 | K-8 | 0.8 mi | |
54 N Hermitage Ave, Chicago, IL 60612 | K-8 | 1.5 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 216 S Jefferson St #601
Date
Details
Price
Change
Source
4/23/2024
Sold
$700,000
-12.39%
MLS
11/21/2023
Price Reduced
$799,000
-11.12%
MLS
11/02/2023
Listed
$899,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
216 S Jefferson Street #601, Chicago, IL 60661 (MLS# 11923010) is a Commercial property that was sold at $700,000 on April 23, 2024. Want to learn more about 216 S Jefferson Street #601? Do you have questions about finding other Commercial real estate for sale in Near West Side? You can browse all Near West Side real estate or contact a Coldwell Banker agent to request more information.