540 W 35th Street Chicago, IL ^$ 2,250,000

540 W 35th Street

^$ 2,250,000

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540 W 35th Street

Chicago, IL, 60616

^$ 2,250,000

Studio Baths0.0 Sq 20,000

Monthly Estimate*

^$ 15,717

540 W 35th Street, Chicago, IL 60616 - Image 1

540 W 35th Street, Chicago, IL 60616 - Image 2

540 W 35th Street, Chicago, IL 60616 - Image 3

Studio

Commercial Property for sale in Chicago, IL

for $2,250,000. This 20,000 square foot building was built in 1935 on a lot size of 0.261823.

Investment Opportunity: 100% Occupied Two-Story Loft Building for Sale. Newly renovated in 2017, this building includes custom office/flex spaces, security system, skylights, air conditioning, and conferencing facility. Conveniently located just three blocks from the Chicago White Sox Guaranteed Rate Field, the site holds strong appeal for prospective tenants. The location is also conveniently located to public transportation with bus lines, the Red Line and I-90 all nearby. Street Parking and public parking lot next door.

Commercial Active

Price

^$ 2,250,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 60,616

Style

Lot Size

0.261823

Year Built

1935

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11937941

Features

General

Cooling Central Individual

Zoning INDUS

Year Built 1935

Electric Other

Tenant Pays Varies by Tenant

Stories 2

Tax Year 2022

Gross Income 274200

County Cook

Net Operating Income 168324

Operating Expense 105876

Property Type Commercial Sale Industrial

Status Active

Directions 35th Street between Wallace Street and Parnell Avenue. Three blocks from Chicago White Sox Field.

City Chicago

MLS Area CHI - Bridgeport

Lot Size Square Feet 11405

Street Name 35th

Tax Annual Amount 60616

Additional Parcels Y/N N

Leasable Area 20000

Days on Market 125

Standard Status Active

Exterior

Building Area Total 20000

Lot Dimensions 177X65

Interior

Street Suffix Street

* Excluded Features

List By

Strauss Realty Ltd

Broker

adam@straussrealty.com

Affordability Calculator

$20,768

Per Month

Monthly Principal & Interest: $15,717
Monthly Property Taxes: $5,051
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$834,057

Percent of Sale Price 63%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/28/2023	$2,250,000		Listed Price

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540 W 35th Street, Chicago, IL, 60616 is a Commercial Property for sale at $2,250,000 with 20,000 sqft and a lot size of 0.261823. 540 W 35th Street is a studio with 0.0 baths and was built in 1935. The property's zip code is 60616 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 4/29/2024.

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540 W 35th Street

Commercial Property for sale in Chicago, IL

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