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    1351-1355 Washington Blvd Chicago, IL 60607

    Sponsored
    For Sale
    $385,000

    Modern Retail/Office Space, West Loop

    Property size:
    959 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 959-square-foot storefront at 1351-1355 W Washington Blvd, Chicago, IL 60607, is offered at $385,000. The property boasts a flexible layout ideal for various retail or office uses, thanks to its C1-3 zoning. The space is move-in ready and features two private offices, a convenient kitchenette, a restroom, ample storage, and a spacious central open area. Located in the highly sought-after West Loop neighborhood, this property benefits from its proximity to the vibrant Fulton Market district, known for its diverse culinary scene, trendy shops, numerous corporate offices, and upscale residential developments. The area is easily accessible via public transportation and offers a short commute to downtown Chicago. The West Loop's dynamic atmosphere, blend of historic charm and modern amenities, and strong sense of community make it an attractive location for businesses and employees alike. This prime location offers excellent visibility and foot traffic, creating a strong foundation for a successful business venture. The property's modern design and functional layout provide a comfortable and efficient workspace or retail environment. Don't miss this opportunity to establish your business in one of Chicago's most desirable and rapidly growing neighborhoods.

    Property Features for 1351-1355 Washington Blvd

    General Information

    Property type
    Individual retail properties
    Square Feet
    959 SF

    HighLights

    • 959‑square‑foot storefront at 1351‑1355 W Washington Blvd, Chicago, IL 60607, listed at $385,000.
    • C1‑3 zoning allows for flexible retail or office use.
    • Move‑in ready condition with two private offices, kitchenette, restroom, ample storage, and a large open area.
    • Located in the West Loop, near Fulton Market, offering high visibility and foot traffic.
    • Excellent access to public transportation and a short commute to downtown Chicago.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Building Supply Clothing Store Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6616326
    Latitude
    41.8827075

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    FAQs

    What type of property is this?
    Individual retail property - Modern Retail/Office Space, West Loop
    Where is this individual retail property located?
    The property is located at 1351-1355 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: 959-square-foot storefront at 1351-1355 W Washington Blvd, Chicago, IL 60607, listed at $385,000.; C1-3 zoning allows for flexible retail or office use.; Move-in ready condition with two private offices, kitchenette, restroom, ample storage, and a large open area.
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    Chicago, IL 60607
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1351-1355 Washington Blvd Chicago, IL 60607
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