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17 E 23Rd St Chicago, IL 60616

For Sale
$2,350,000

29,500 SF office building in a Federal Opportunity Zone.

Property size:
29,500 SF
Lot size:
0.22 Acres

Property Features for 17 E 23Rd St

General Information

Size
29,500 SF
Lot size
0.22 Acres

Source: Cawley Chicago Agent Frank Melchert, SIOR

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Chicago Office Building For Sale

This office building offers approximately 29,500 square feet of space on a land area of approximately 9,859 square feet. The building features masonry and heavy timber construction. Ceiling heights vary across floors: 13 feet 9 inches on the first floor, 10 feet 10 inches on the second floor, 11 feet 7 inches on the third floor, and 7 feet 7 inches in the basement. Column spacing is 16 feet by 19 feet 3 inches (N-S x E-W). Loading is facilitated by one exterior short-truck dock. The property is located in a Federal Opportunity Zone and is zoned DS-3, Downtown Service District. Real estate taxes are $62,616, which equals $2.12 per square foot. The property is located steps away from the Green Line CTA stop, a 1-minute walk to the CTA bus stop on State Street, and a 5-minute walk to the CTA bus stop on Cermak Road. It is also a 5-minute drive to Soldier Field and Museum Campus, an 8-minute walk to McCormick Place Convention Center, a 10-minute drive to the Central Business District, a 3-minute drive to the I-55 Expressway, a 3-minute drive to the I-90/94 Expressway, and a 9-minute drive to the I-290 Expressway. The alderman for the 3rd Ward is Pat Dowell.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.626197
Latitude
41.8507575

FAQs

What type of property is this?
Office building - 29,500 SF office building in a Federal Opportunity Zone.
Where is this office building located?
The property is located at 17 E 23Rd St Chicago, IL.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: - Located in a Federal Opportunity Zone; - Excellent Transportation Access: Steps from Green Line CTA, bus stops, and minutes from multiple expressways; - Strategic Location: Short walk to McCormick Place, short drive to Soldier Field and Museum Campus, and a quick drive to the Central Business District.
More about this property
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