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South Loop Investment Opportunity
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633 S Plymouth Ct, Chicago, IL 60605

Stable income property with future upside in prime Chicago location.

Property SizeContact for details
Days on Market649

Property Features for 633 S Plymouth Ct

General Information

Standard status Active
Property subtype Retail
Occupancy 100%
Lease Type NNN
Investment Type Owner/User
Net Operating Income $71,401

Building Details

Year Built 2022
Units 3
Tenancy Multi
Listing Agency: Jameson Commercial Real Estate
Listed By: Steven Goldstein · License #471.003226
Source: Crexi
Added: Nov 9, 2024 Changed: Aug 8 Last Checked: Jul 16 at 6:18AM

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 Jameson Commercial Real Estate

Investment Insights

Based on property information with market context.

Located at 633 S. Plymouth in Chicago's South Loop, this property presents an investment opportunity with stable income and potential for future growth. The building features three long-term tenants with leases expiring within the next two years, allowing for potential rent adjustments to current market rates. The property offers strong cash flow while allowing for property updates. The location provides easy access to major transportation arteries and proximity to the Art Institute of Chicago and Columbia College. Nearby landmarks include Grant Park, the Museum Campus, and the dining and entertainment scene of Printer's Row. The property is located in a commercial area with a mix of business and culture, offering urban convenience and entrepreneurial opportunity. The property can be considered for owner occupancy, offsetting costs with rental income. The surrounding neighborhood offers a vibrant mix of amenities.

Key Highlights

  • Stable income from three long‑term tenants.
  • Prime Chicago South Loop location.
  • Potential for rent adjustments to current market rates within two years.

Property Analytics

Current Use

Knuckleheads Boxing Gym Gym & Fitness Center Asil Çelik USA Corporate Office yarnify! | Chicago (Bike/Boat/Book/etc) Store AC Americas Industrial Manufacturer Mind your Manners ... Training Center

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Buffet Adult Day Care Tanning Salon Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

20,205
Businesses Nearby
181k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 73% Hotels & Casinos 13% Apparel 10% Shops & Services 4%
Target Superstores
131,620 visits/mo 0.4 miles
H&M Apparel
18,041 visits/mo 0.4 miles
Renaissance Blackstone Hotel Hotels & Casinos
13,890 visits/mo 0.3 miles
Best Western Grant Park Hotel Hotels & Casinos
6,261 visits/mo 0.4 miles
Fifth Third Bank & ATM Shops & Services
4,367 visits/mo 0.1 miles

Demographics for 60605, IL

34,071
Population
20,478
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
96%
High-School Grad
1.4 sq mi
ZIP Area
24,336
Density / Sq Mi
$118,403
Median Household Income
$82,091
Median Earnings
$2,402
Median Rent
$495,900
Median Home Value

Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail property - Stable income property with future upside in prime Chicago location.
Where is this retail property located?
The property is located at 633 S Plymouth Ct Chicago, IL.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Stable income from three long‑term tenants.; Prime Chicago South Loop location.; Potential for rent adjustments to current market rates within two years.
(312) 216-8000 Call to check price and availability
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