1351-1355 W Washington Blvd Chicago, IL 60607
NNN investment opportunity with long-term tenant in place.
Type:Retail, Office
Property size:
959 SF- Added:
- Aug 31, 2021
- Days on Market:
- 1695
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 1351-1355 W Washington Blvd
General Information
- Standard status
- Active
- Size
- 959 SF
- Property subtype
- Retail, Office
Listing agent Tuyen Nguyen License #IL
Listing office Chicago Real Estate Resources Inc
Listing date Aug 31, 2021
Source Crexi
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 Chicago Real Estate Resources Inc
Overview
West Loop Retail/Office Condo
This retail and office condo, situated in the West Loop, offers a NNN investment opportunity with a medical wellness tenant already in place. The lease extends until August 2026 and includes two five-year renewal options. The unit has one indoor garage parking space with rear access. Located near highway access and in proximity to the Washington/Wells Station and Ogden Avenue, it is just 5 minutes from the United Center. The city council has approved the 1901 Project, a $7 billion development that will transform 55 acres into a campus featuring music venues, retail, hotels, green spaces, and affordable housing, with construction starting this spring. The property size is 959 square feet.
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6616814
- Latitude
- 41.8825691
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - NNN investment opportunity with long-term tenant in place.
Where is this retail space located?
The property is located at 1351-1355 W Washington Blvd Chicago, IL.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Long‑term NNN lease secured until August 2026 with two five‑year renewal options, providing stable income.; Favorable seller financing terms available.; Positive cash flow asset with no maintenance required.
