1351-1355 W Washington Blvd Chicago, IL 60607
For Sale
1 / 13
A rare retail and office condo in the heart of the West Loop presents a solid NNN investment opportunity with a long-term medical wellness tenant already in place. The lease is secured until August 2026 and includes two five-year renewal options. The unit includes one indoor garage parking space with convenient rear access. The seller is providing favorable financing terms. This represents an excellent investment opportunity with a positive cash flow asset and no maintenance required in one of Chicago's most desirable neighborhoods. It is located near highway access and is in proximity to the Washington/Wells Station and Ogden Avenue, 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 sprawling campus featuring music venues, retail, hotels, green spaces, and affordable housing. Construction starts this spring.
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
Similar Nearby for Lease
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.