400 E Randolph Street # 2NDFLOOR6B Chicago, IL $ 800,000
400 E Randolph Street # 2NDFLOOR6B
$ 800,000
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400 E Randolph Street # 2NDFLOOR6B

Chicago, IL, 60601
$ 800,000
Bedrooms-- Baths-- Sq 3,750

Monthly Estimate*

$ 5,051

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Commercial Property for sale in Chicago, IL

for $800,000. This 3,750 square foot building was built in 1963 on a lot size of 3.58127.

LAKE VIEWS from this 3,750 sq ft condo (commercial or residential) with private entrances - ONLY 213 PER SQ FT --Rare opportunity w lake views. New Eastside/ Lakeshore East MIXED USE OR 1 USE-"As-Is Ready" or develop the property-CITY ZONING LETTER AVAILABLE-Commercial / RESIDENTIAL / MIXED LIVE-WORK / SERVICES / OVERNIGHTS / *SEE ZONING LETTER - 3,750 sq ft divided into 8 areas. Can divide tax PINs and sell off or lease out - MANY possibilities, ready to be developed or used as-is. Rare opportunity to own your own commercial space within the PUD #70 (Planned Unit Development) The unit has three entrances/exits, a semi-private entry, a semi-private elevator, and private stairs. It also has wraparound windows with three exposures. 5 toilets, 7 sinks included in a currently small kitchen, maintenance closet and three bathrooms. Great spa - hair - nails- medical - imaging - office -Kitchen and bathroom capable - Currently commercial can be converted to full residential or split as mixed. We have an advisory letter from Chicago City Zoning of what is zoned capable. Owners have the right to use the building amenities. Building amenities include a 5-star "resort-like" health club and spa. Basketball, racquetball, ping-pong, free weights, machine weights, cardio, winter garden, child's playroom, famous geodesic year-round sunny pool, saunas, and steam rooms. A new multi-function room with an open kitchen and media space. Parking is 220/mo reserved. Discounted parking tickets are sold to owners to sell/give to clients and customers. 8 FOR 12-hour parking. Dog friendly. Visiting guests/clients may come through the main building lobby and check in with the front desk, OR enter a semi-private entrance for direct access. There are unlimited possibilities of use! HOA /mo 3,576 includes heat, a/c, gas, amenities, pool, health club, spa, lounge, conference room. Currently used as a day care, property may be converted to residential or get approval for an Airbnb-type set up. Zoned for almost all. See zoning letter. Showings only on weekends or after 6:00pm daily. There are two grocery shopping options, either Bockwinkel's Harbor Market (across the street) or a 2-story Mariano's grocery store with good prices and a plethora of item options for your daily shopping needs. Very friendly building with lots of social activities and events such as a book club, world affairs club, bingo, summer picnic, children's Halloween party, children's holiday party, and a resident holiday party, to name a few. Great Outer Drive East community in the New Eastside neighborhood. Nestled in the New Eastside neighborhood is Lakeshore East Park. This 6-acre oasis in the neighborhood's nucleus includes large grassy areas, a children's playlot, and a dog park. Maggie Daley Park is across Randolph Street and incorporates tennis courts, a children's activity area, park district facilities with programming, the famous ribbon ice skating rink, mini-golf, and professional outdoor climbing walls. Millennium Park is a block away from all the world-famous music venues, including the Grant Park Orchestra, Saturday morning exercise classes, and outdoor movies in the summer. Located in the New Eastside neighborhood, this prestigious condo is just moments away from fine dining, upscale shopping, the lake and harbor, and cultural landmarks. Experience the pinnacle of luxury living in a residence that offers both serenity and sophistication. 30-minute free parking for showings, guests, and deliveries.

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Commercial Active

Price

$ 800,000

Property Type

Commercial

Taxes

$ 42,451

Style

Commercial,Condominium,Legal Non Conforming,Office

Lot Size

3.58127

Year Built

1963

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12754162

Features
General
Cooling Central Air
Utilities Electric to Site Natural Gas Nearby Natural Gas Available Sewer Connected Cable Available Fiber
Zoning PUD
Year Built 1963
Electric Circuit Breakers
Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Taxes Insurance Repairs
Stories Count 40
Unit Number 2NDFLOOR6B
Tax Year 2023
Current Use Commercial Condominium Legal Non Conforming Office Development Special Use Other
Gross Income 192000
County Cook
Net Operating Income 0
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Possible Use Commercial Condominium Office Development Multi-Family Single Family Retail Zoning Change Required
Status New
Directions Michigan ave to Randolph - East on UPPER Randolph to end - at 400 E Randolph When turning on Randolph -Must go up the ramp on the right side to UPPER Randolph
City Chicago
Number Of Units Total 1
MLS Area CHI - Loop
Lot Size Square Feet 156000
Tax Annual Amount 42451
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
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Interior
Flooring Varies
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Exterior
Water Source Municipal Water
Building Area Total 3750
Lot Dimensions 330X330'
Frontage Type City Street
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* Excluded Features
List By
Berkshire Hathaway Homeservices Chicago

Broker

stunard@neweastside.com

Email

Affordability Calculator

$8,589
Per Month
59%
41%
0%
Monthly Principal & Interest
$5,051
Monthly Property Taxes
$3,538
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/8/2026$800,000 Listed Price

Map


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400 E Randolph Street # 2NDFLOOR6B, Chicago, IL, 60601 is a Commercial Property for sale at $800,000 with 3,750 sqft and a lot size of 3.58127. 400 E Randolph Street # 2NDFLOOR6B was built in 1963. The property's zip code is 60601 which is in Chicago, IL