Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Hardware & Home Improvement
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Apartment Building
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Apartment Complex Apartment Rental Agency
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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