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17 E 23rd St, Chicago, IL
29,500 SF office building in a Federal Opportunity Zone.
Property Size29,500 SF
Lot Size0.22 Acres
Price / SF$79.66
Days on Market515
Property Features for 17 E 23rd St
General Information
Standard status
Active
Size
29,500 SF
Lot size
0.22 Acres
Property subtype
OFFICE
Listing Agency:
Cawley Chicago
(312) 208-1561
Listed By:
Frank Melchert, SIOR
(312) 208-1561
Source:
Moodyscre
Added: Mar 24, 2025
Changed: Aug 8
Last Checked: Aug 20 at 6:56AM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,498
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Office in Chicago, IL
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Frequently Asked Questions
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.
