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216 S Jefferson St, Unit LL4 Chicago, IL 60661

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For Sale
$130,000

Office condo in premier location, leased through August 2028.

Building Details

Year built
1895

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Listing Contact
John Joyce, Ccim Sior
Source: Svn

Listing Agent: John Joyce, Ccim Sior

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

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Overview

West Loop Office Condo Investment

This rarely available office condo is located in Chicago’s West Loop neighborhood, offering an investment opportunity in a premier location. The West Loop is a dynamic and highly sought-after neighborhood known for its transformation from a former industrial hub into a vibrant urban center. The property is situated just west of the Chicago River, providing accessibility to the Central Business District (the Loop) and major transportation arteries, including the CTA 'L' trains (Green, Pink, and Blue Lines) and Ogilvie and Union train stations. It is located 0.2 miles from Union Station and 0.4 miles from Ogilvie Transportation Center, with proximity to I-290 & I-90. The unit is 1,100 square feet and leased through August 2028, with annual rent increases. It is part of a 5,900 square foot lower level office condo portfolio and benefits from on-site building management. Abundant paid and metered parking is available.
Location Intelligence

Current Use by Public Records

Prodesign Software Marketing & Advertising Settlement Advisors Financial Advisor Iatse Local 110 Association Or Organization International Cinematographers Guild Advocacy Group Yakkety Yak LLC Advertising Agency

Suggested Use

Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Daycare Center Pharmacy

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

Location Insight

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  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.64309
Latitude
41.88629

FAQs

What type of property is this?
Office units - Office condo in premier location, leased through August 2028.
Where is this office units located?
The property is located at 216 S Jefferson St, Unit LL4 Chicago, IL.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: - Long-term lease in place through August 2028, providing immediate income.; - Prime West Loop location, a highly desirable and rapidly growing area of Chicago.; - Excellent transportation access to Union Station, Ogilvie Transportation Center, CTA 'L' lines, I-290, and I-90.
More about this property
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