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1351-1355 W Washington Blvd Chicago, IL 60607

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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

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Listing Contact
Tuyen Nguyen

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

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Restaurant Dental Office Hair Salon Nail Salon Building Supply Accounting Firm Daycare Center

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

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6616814
Latitude
41.8825691

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.
More about this property
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