18 E Cullerton Street #C1 Chicago, IL 60616
Versatile commercial space in vibrant South Loop neighborhood.
- Added:
- May 18, 2026
- Days on Market:
- 56
- Last Refresh:
- Jul 5 at 4:08 am
Property Features for 18 E Cullerton Street #C1
General Information
- Standard status
- Active
- Size
- 1,100 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2002
Listing office BAIRD & WARNER (773) 250-0400
Listing date May 18, 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 BAIRD & WARNER
Investment Insights
Based on property information with market context.
Key Highlights
- Prime South Loop location with high visibility and foot traffic.
- Versatile, open‑concept layout suitable for various business types (art studio, salon, gallery, office, etc.).
- Approximately 1,100 sq ft of street‑level commercial space.
Local Financial Insights For Retail
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 | $23.8k | $21.60 |
| − Vacancy | −$2.0k | −$1.84 |
| EGI | $21.7k | $19.76 |
| − OpEx | −$6.5k | −$5.93 |
| NOI | $15.2k | $13.83 |
