Historic Lakeside Press Redevelopment
For Sale
Contact for pricing
731 South Plymouth Court, Chicago, IL 60605
162,000 SF vintage property suitable for residential or hospitality redevelopment.
Property Size162,000 SF
Days on Market123
Property Features for 731 South Plymouth Court
General Information
Standard status
Active
Size
162,000 SF
Property subtype
Multifamily, Hospitality
Zoning
DX-12
Listing Agency:
Colliers - Chicago Downtown, Illinois
Listed By:
Tyler Hague, LEED AP · License #471009171
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Aug 8 at 3:09PM
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 Colliers - Chicago Downtown, Illinois
Investment Insights
Based on property information with market context.
The former Lakeside Press Building, a 162,000 SF vintage property, presents a redevelopment opportunity. Currently operating as student housing with 343 beds, the existing structure is suitable for redevelopment into residential or hospitality use. Situated in the South Loop’s Printer’s Row district, this historic landmarked building offers large floor plates and an efficient layout for a renovation project. The building’s location, zoning, existing layout and value below replacement costs lend themselves to a revitalization as a boutique apartment, hotel, or student housing property. The property offers pleasing historic architecture and charm, ample ventilation, an ideal location and large floor plates with a rectangular layout which allow for efficient design and construction cost savings. Adaptive reuse into apartments brings a variation from the conventional high-rise seen in the South Loop, offering a charming, loft style setting while still enjoying the locational advantages of the neighborhood and proximity to the Loop and Chicago CBD.
Key Highlights
- Opportunity for redevelopment into residential or hospitality use in a rapidly evolving, dynamic submarket.
- Historic landmarked building in the South Loop’s ‘Printer’s Row’ district.
- Large floor plates and efficient rectangular layout ideal for renovation projects offering potential cost savings.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
20,205
Businesses Nearby
Explore this area
Business Placement
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 Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 162,000 SF vintage property suitable for residential or hospitality redevelopment.
Where is this apartment building located?
The property is located at 731 South Plymouth Court Chicago, IL.
What are key features of this property?
This property features: Opportunity for redevelopment into residential or hospitality use in a rapidly evolving, dynamic submarket.; Historic landmarked building in the South Loop’s ‘Printer’s Row’ district.; Large floor plates and efficient rectangular layout ideal for renovation projects offering potential cost savings.
