Commercial: MLS #11967953 Chicago, IL ^$ 394,000

Commercial: MLS #11967953

^$ 394,000

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Commercial: MLS #11967953

Name: address
Address: IL, 60607

Chicago, IL, 60607

^$ 394,000

Bedrooms-- Baths-- Sq 28,986

Monthly Estimate*

^$ 2,426

Commercial Property for sale in Chicago, IL

for $394,000. This 28,986 square foot building was built in 1935 on a lot size of 0.23.

Introducing 22 N Morgan Street - a 1,738 sqft commercial condo unit in Chicago's vibrant West Loop. This prime space features an approved direct storefront door for convenient street access. Ideal for various uses, the design fits retail, cafe, or office purposes. Join the dynamic West Loop community and make this versatile space the home of your business aspirations. Act now and seize this prime opportunity!

Commercial Contingent

Price

^$ 394,000

Property Type

Commercial

Taxes

^$ 11,739

Style

Commercial

Lot Size

0.23

Year Built

1935

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11967953

Features

General

Cooling Central Air

Zoning COMMR

Construction Materials Brick

Year Built 1935

Electric Circuit Breakers

Tenant Pays Common Area Maintenance

Stories Count 2

Township West Chicago

Unit Number 22

Property Subtype Office

Tax Year 2022

Current Use Commercial

Gross Income 0

County Cook

Net Operating Income 0

Operating Expense 8396

Property Type Commercial Sale Office/Tech

Contingency Attorney/Inspection

Possible Use Commercial

Status Contingent

Directions Located in the West Loop on N Morgan Street between Randolph and Madison.

City Chicago

MLS Area CHI - Near West Side

Lot Size Square Feet 22128

Tax Annual Amount 11739

Additional Parcels Y/N N

Leasable Area 1738

Standard Status Active Under Contract

Exterior

Building Area Total 28986

Lot Dimensions 22 128 SQ FT

Lot Size Acres 0.23

* Excluded Features

List By

Troy Realty Ltd

Broker

alex@troyrealtyltd.com

Affordability Calculator

$3,404

Per Month

Monthly Principal & Interest: $2,426
Monthly Property Taxes: $978
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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 ^$969,255

Percent of Sale Price 146%

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
7/10/2025	$394,000	-21.04%	Price Down
1/26/2024	$499,000		Listed Price

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*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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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Data is updated as of 1/20/2026.

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Commercial: MLS #11967953

Commercial Property for sale in Chicago, IL

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