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1631-1727 S Indiana Ave, Chicago, IL, 60616
Parking Lot and Commercial Space

1631-1727 S Indiana Ave Chicago, IL 60616

For Sale
Contact for pricing

For sale package includes a 60-space parking lot plus a 16,245 sq. ft. commercial building with 10 additional spaces.

Property Size16,145 SF
Days on Market156

Property Features for 1631-1727 S Indiana Ave

General Information

Standard status
Active
Size
16,145 SF
Property subtype
Office, Retail
Listing Agency: Millennium Properties R/E
Listed By: Susan Silver · License #IL 475136992
Source: Crexi
Added: Feb 18 Changed: Jul 23 Last Checked: Jul 23 at 12:22PM

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 Millennium Properties R/E


Investment Insights

Based on property information with market context.

Available for sale is a combined parking lot and commercial property in the South Loop. The site includes a 60-space parking lot along with a 16,245 square foot commercial space, and it comes with 10 additional parking spaces.

The parcel is situated near the corner of Indiana Avenue and 18th Street. It is adjacent to The Prairie District Lofts, a condominium building with 116 residential units and 6 long-term leased commercial spaces on the ground level.

According to the public remarks, the property currently consists of 172 units over 180,000 square feet of building, with present zoning supporting potential bonuses.

Key Highlights

  • For sale package includes a 60‑space parking lot plus a 16,245 sq. ft. commercial building
  • Includes 10 additional parking spaces with the commercial building
  • Property is located in the South Loop near the corner of Indiana Avenue and 18th Street

Property Analytics

Location Intelligence

Current Use by Public Records

Parking lots & garages

Suggested Use

Barber Shop Grocery & Convenience Store Furniture & Home Goods (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store HVAC Service Pet Store Carpet & Flooring Store Auto Parts Store Pet Grooming Service

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

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FAQs

What type of property is this?
Parking lot & garage - For sale package includes a 60-space parking lot plus a 16,245 sq. ft. commercial building with 10 additional spaces.
Where is this parking lot & garage located?
The property is located at 1631-1727 S Indiana Ave Chicago, IL.
What are key features of this property?
This property features: For sale package includes a 60‑space parking lot plus a 16,245 sq. ft. commercial building; Includes 10 additional parking spaces with the commercial building; Property is located in the South Loop near the corner of Indiana Avenue and 18th Street
(312) 338-3000 Call to check price and availability
More about this property
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