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    Professional Office Condominium For Sale Title is generated by Realmo AI

    435 W Erie Street, Chicago, IL 60654

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    For Sale
    $2,990,000

    Corporate tenant in place with a guaranteed 10-year NNN lease.

    Type:Commercial
    Property size:
    4,200 SF
    Price / SF:
    $711/SF
    Added:
    Nov 19, 2025
    Days on Market:
    199
    Last Refresh:
    Apr 5 at 8:22 pm

    Property Features for 435 W Erie Street

    General Information

    Standard status
    Active
    Size
    4,200 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1982

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    Listing Contact
    EMILY SACHS WONG
    EMILY SACHS WONG

    Listing agent EMILY SACHS WONG

    Listing office @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE

    Listing date Nov 19, 2025

    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 @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE

    HighLights

    • Guaranteed 10‑year NNN lease with a corporate tenant in place, providing immediate and consistent rental income.
    • Net Operating Income (NOI) of $167,091.
    • Prime location with excellent visibility and DX‑7 zoning, suitable for various business types.
    • Turn‑key, move‑in ready with 9 private executive office suites, cubicles, conference room, storage, 2 restrooms, and a full kitchen/break area.
    • Fully wired with fiber optic, internet, phone, Cat 5, and music; handicap accessible.
    • Convenient access to public transportation (bus, train Metra, CTA) and major highways.

    Overview

    This 4,200 square foot professional office condominium is available for sale, presenting a sale-leaseback opportunity with a corporate tenant already in place under a guaranteed 10-year NNN lease. The property is located in a highly desirable, prime location with excellent visibility and DX-7 zoning. The current net operating income (NOI) is $167,091. The ground-level unit is well-maintained and currently used as a corporate office. The space is fully built out and turn-key, featuring nine executive, private office suites, cubicles for support staff, a conference room, a supply storage room, and two large, modern restrooms. It also includes a full, private kitchen/break area. The unit is fully wired with fiber optic, internet, phone, Cat 5, and music, and is handicap accessible from the interior entrance. The unit features a full sprinkler system and all-new, commercial-grade, copper plumbing throughout. The property is near public transportation, including bus, train, Metra, and CTA, and is located right off The Ohio spur downtown, providing quick access from all highways. The assessment includes water, rubbish, scavenger, maintenance, and elevator fees. Surrounding area retail businesses include East Bank Club and Erie Cafe. The property is suitable for various businesses, including office, tech, government, real estate, insurance, mortgage, financial trading, medical, dental, and retail uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cohen Michael P Law Firm Mostardi Platt Environmental Consultant Erie Cleaners (Bike/Boat/Book/etc) Store Eckroth Planning Group Architect Arnecilla Pablo B ... Physician

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Daycare Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6397
    Latitude
    41.8937

    FAQs

    What type of property is this?
    Office units - Corporate tenant in place with a guaranteed 10-year NNN lease.
    Where is this office units located?
    The property is located at 435 W Erie Street Chicago, IL.
    What is the asking price?
    The asking price for this property is $2,990,000.
    What are key features of this property?
    This property features: Guaranteed 10‑year NNN lease with a corporate tenant in place, providing immediate and consistent rental income.; Net Operating Income (NOI) of $167,091.; Prime location with excellent visibility and DX‑7 zoning, suitable for various business types.
    More about this property
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