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    1355 W Washington Blvd Chicago, IL 60607

    For Sale
    $385,000

    Modern office/retail space in a dynamic, thriving West Loop location.

    Property size:
    959 SF
    Lot size:
    0.29 Acres

    Property Features for 1355 W Washington Blvd

    General Information

    Size
    959 SF
    Lot size
    0.29 Acres

    Source: CRER Agent Tuyen Nguyen, CCIM

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

    Overview

    Move-In Ready West Loop Space

    This modern, move-in-ready office/retail space features two offices, a kitchenette, a restroom, storage, and a central open area. The property is located in the desirable West Loop, near the vibrant Fulton Market area, which is known for its restaurants, retail shops, corporate offices, and residential condos. The West Loop is one of Chicago’s most dynamic neighborhoods, known for its trendy restaurants, lively nightlife, and thriving art scene. The area is home to many tech companies, making it a hub for innovation and business. Its blend of historic charm and modern development makes it a popular destination for both locals and visitors. The convenient public transportation and proximity to downtown add to its appeal. The C1-3 zoning allows for various office and retail uses. In addition to its commercial appeal, the West Loop offers a strong sense of community with numerous parks, green spaces, and cultural institutions. Residents and businesses alike benefit from the neighborhood’s vibrant atmosphere and the many events and activities held throughout the year. The property has a size of 959 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6617721
    Latitude
    41.8825727

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    FAQs

    What type of property is this?
    Office space - Modern office/retail space in a dynamic, thriving West Loop location.
    Where is this office space located?
    The property is located at 1355 W Washington Blvd Chicago, IL.
    What is the asking price?
    The asking price for this property is $385,000.
    What are key features of this property?
    This property features: - Move-in ready office/retail space in the desirable West Loop.; - Prime location near Fulton Market, surrounded by restaurants, retail, corporate offices, and residential condos.; - C1-3 zoning allows for various office and retail uses.
    (773) 879-0713
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1355 W Washington Blvd Chicago, IL 60607
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