1355 W Washington Boulevard #1, Chicago, IL 60607
Move-in-ready office/retail condo with deeded garage parking and active lease through August 2026.
- Added:
- Jun 10, 2026
- Days on Market:
- 8
- Last Refresh:
- Jun 16 at 3:57 am
Property Features for 1355 W Washington Boulevard #1
General Information
- Standard status
- Active
- Size
- 958 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2006
Listing agent MARIA GUTIERREZ License #475191133
Listing office GOLDEN CITY REALTY, INC. (773) 267-2444
Listing date Jun 10, 2026
Source Corcoran
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 GOLDEN CITY REALTY, INC.
HighLights
- Move‑in‑ready 958 SF office/retail commercial condo
- Includes 1 deeded garage parking space
- Active lease in place through August 2026
- Zoned C1‑3, allowing for a wide variety of office and retail uses
- Built in 2006
Overview
Located at 1355 W Washington Boulevard #1 in Chicago’s West Loop, the property is positioned near restaurants, retail, and public transportation. The combination of nearby amenities and transit access can be helpful for businesses that rely on walk-up traffic and easy commuter reach.
Zoned C1-3, the space permits a broad set of office and retail uses, making it well-suited for entrepreneurs, professionals, and smaller operators seeking a dedicated condo rather than a shared or non-specific commercial floor. Whether you’re planning for continued leasehold operations or evaluating a future owner-user move, the unit’s ready-to-occupy condition and included parking are practical advantages for day-to-day occupancy.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.8k | $38.40 |
| − Vacancy | −$9.4k | −$9.79 |
| EGI | $27.4k | $28.61 |
| − OpEx | −$6.9k | −$7.15 |
| NOI | $20.6k | $21.46 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6617721
- Latitude
- 41.8825727
