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    Chicago Office Building For Sale Title is generated by Realmo AI

    17 E 23rd St, Chicago, IL

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

    Type:OFFICE
    Property size:
    29,500 SF
    Lot size:
    0.22 Acres
    Price / SF:
    $79/SF
    Added:
    Mar 24, 2025
    Days on Market:
    445
    Last Refresh:
    May 20 at 9:53 pm

    Property Features for 17 E 23rd St

    General Information

    Standard status
    Active
    Size
    29,500 SF
    Lot size
    0.22 Acres
    Property subtype
    OFFICE

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    Listing Contact
    Frank Melchert, SIOR
    Frank Melchert, SIOR

    Listing agent Frank Melchert, SIOR

    Listing office Cawley Chicago

    Listing date Mar 24, 2025

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Cawley Chicago

    HighLights

    • 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.
    • Substantial Building Area: ± 29,500 SF building on ± 9,859 SF of land.
    • Flexible Space: Multiple floors with varying ceiling heights and column spacing suitable for diverse uses.
    • Favorable Zoning: DS‑3 Downtown Service District allows for a wide range of commercial activities.

    Overview

    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 Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6262
    Latitude
    41.8508

    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.
    (312) 208-1561 Call to check price and availability
    More about this property
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