South Loop Commercial Condo For
For Sale
$595,000
Pending
2037 S Indiana Avenue, Chicago, IL 60616
Street-level commercial condo in Chicago's South Loop with strong lease.
Property SizeContact for details
Days on Market312
Property Features for 2037 S Indiana Avenue
General Information
Standard status
Pending
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$17,982
Amenities
Central air
Central Air Cooling
Building Details
Year Built
2007
Listing Agency:
COMPASS
(312) 319-1168
Listed By:
JEANNE KEATING · License #475133441
Source:
Corcoran
Added: Oct 14, 2025
Changed: Aug 8
Last Checked: Jul 23 at 8:40AM
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 COMPASS
Investment Insights
Based on property information with market context.
This street-level commercial condominium is located in the heart of Chicago's South Loop, just minutes from McCormick Place, major residential towers, and new developments. The versatile space offers visibility and potential for various businesses. Currently built out as a professional Title Company/Attorney real estate office, the space features private offices, conference rooms, a kitchenette, and two bathrooms. Recent updates include new lighting, hardwood flooring, and fresh paint. The HVAC system was updated in 2025. Previously utilized as a spa, the property's zoning allows for nearly all business types, making it suitable for a coffee shop, restaurant, retail storefront, professional office, or service business. The property has a strong lease in place at $5,100/month through June 2026, offering immediate cash flow with future owner-user potential. The location benefits from steady pedestrian and vehicle traffic, making it suitable for investors or entrepreneurs looking to establish a presence in one of Chicago's dynamic neighborhoods.
Key Highlights
- Prime South Loop location with high visibility and traffic
- Income‑producing investment with a strong lease in place at $5,100/month through June 2026
- Flexible zoning allows for a wide range of business types
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,534
Businesses Nearby
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Street-level commercial condo in Chicago's South Loop with strong lease.
Where is this office units located?
The property is located at 2037 S Indiana Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Prime South Loop location with high visibility and traffic; Income‑producing investment with a strong lease in place at $5,100/month through June 2026; Flexible zoning allows for a wide range of business types
