Parking Lot and Commercial
For Sale
Contact for pricing
1727 S Indiana Ave, Chicago, IL 60616
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 Market175
Property Features for 1727 S Indiana Ave
General Information
Standard status
Active
Size
16,145 SF
Total Parking Spaces
60
Property subtype
Office, Retail
Zoning
DX-5
Occupancy
100%
Building Details
Buildings
1
Stories
4
Tenancy
Multi
Listing Agency:
Millennium Properties R/E
(312) 338-3000
Listed By:
Susan Silver · License #IL 475136992
Source:
Crexi
Added: Feb 18
Changed: Aug 10
Last Checked: Aug 11 at 10:58AM
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.
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
Current Use
Location Intelligence
Trade Area within ½ mile
3,534
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 60616, IL
54,013
Population
26,912
Households
2
Avg Household Size
38
Median Age
53%
College-Educated
86%
High-School Grad
3.8 sq mi
ZIP Area
14,214
Density / Sq Mi
$77,841
Median Household Income
$53,415
Median Earnings
$1,329
Median Rent
$387,300
Median Home Value
Market
Vacancy Rate% for Office in Chicago, IL
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Frequently Asked Questions
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 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
