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22 E Elm Street, Chicago, IL 60611
$5,200,000
22 E Elm Street, Chicago, IL 60611View this property at 22 E Elm Street, Chicago, IL 60611
22 E Elm StreetChicagoIL60611
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Property Description
We are pleased to present 22 East Elm for sale. This recently remodeled building is located on one of the most beautiful tree lined streets in Chicago's Gold Coast. The unique 5100 sf space has been elegantly designed and curated by the current owners with walnut floors, custom lighting, surround sound & a stunning glass elevator (accessible to all three levels). Currently a high end salon and med spa, this flexible space can most certainly be reimagined as a myriad of other uses including a luxury single family home, medical practice, luxury retail store, or even a sales, private equity or wealth management office to name a few alternatives. The zoning is amenable to other uses and the entire property is handicapped accessible. Unique opportunity for a savvy investor to acquire a luxury piece of property in Chicago Gold Coast. Opportunity abounds as the property has a myriad of excellent uses. You won't be disappointed.
Full Property Details
Full Property Details for 22 E Elm St
General
- Price: $5,200,000
- Taxes: $72,136 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 12010073
- Updated: 4/25/2024
- Added to Site: 31 day(s) ago
Additional Information
- Security/Safety: Hydrants on Site
Location
- Area: CHI - Near North Side
- County: Cook
- Driving Directions: Elm between Inner Lake Shore Drive and State
- Location Details: Downtown Chicago
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Structural Information
- Stories/Levels: 3
- # of Stores: 1
- Year Built: 1895
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 2,600
- Lot Dimensions: 25*103.25
Financial Considerations
- Security Deposit: Hydrants On Site
- Assessment Year: 1895
- Tax Amount: $72,136
- Tax Year: 2022
- Tenant Pays: Air Conditioning, Electricity, Heat
Disclosures and Reports
- Property ID: 17032000360000
Listed by Jameson Sotheby's Intl Realty
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Schools
Schools serving 22 E Elm St
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
24 W Walton St, Chicago, IL 60610 | PK-8 | 0.2 mi | |
2001 N Orchard St, Chicago, IL 60614 | 9-12 | 1.4 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 22 E Elm St
Date
Details
Price
Change
Source
4/19/2024
Price Reduced
$5,200,000
-11.86%
MLS
3/28/2024
Listed
$5,900,000
268.75%
MLS
1/14/2015
Sold
$1,600,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 22 E Elm St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$72,137
2%
$350,720
—
2021
$70,527
-23%
$350,720
-15%
2020
$91,881
2%
$412,451
-8%
2019
$90,072
2%
$448,317
—
2018
$88,558
268%
$448,317
301%
2017
$24,059
-42%
$111,764
-46%
2016
$41,496
-50%
$207,181
-54%
2015
$82,627
256%
$450,906
261%
2014
$23,192
2%
$124,996
—
2013
$22,734
1%
$124,996
—
2012
$22,430
—
$124,996
—
Disclaimer: Historical tax 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 22 E Elm St
22 E Elm Street, Chicago, IL 60611 (MLS# 12010073) is a Commercial property. 22 E Elm Street is currently listed for $5,200,000 and was received on March 28, 2024. Want to learn more about 22 E Elm Street? Do you have questions about finding other Commercial real estate for sale in Near North Side? You can browse all Near North Side real estate or contact a Coldwell Banker agent to request more information.