1461 Blue Island Ave, Chicago, IL 60608
This exceptional 7,000-square-foot Class A office building, located at 1461 S Blue Island Ave in Chicago's Little Italy | Pilsen submarket, presents a unique leasing opportunity. Built in 2021, this single-tenant property boasts a modern design with 14-foot ceilings and ample natural light, creating a dynamic and adaptable workspace. The building features two structures, each one story, and offers 20 parking spaces for convenient access. Its strategic corner location at the base of a 200+ unit residential building ensures high visibility and foot traffic. The B2-5 zoning allows for a variety of uses, including traditional office and medical office spaces, making it suitable for a range of businesses. The property's prime location in a vibrant community, coupled with its modern amenities and spacious layout, offers an unparalleled opportunity for businesses seeking a thriving environment. Annual property taxes are $5.35 per square foot. This is a rare chance to secure a highly desirable space in a rapidly developing area of Chicago. The cross street is 14th Street, and the zip code is 60608.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.