1640 S State ST, Chicago, IL 60616 – 11739914 - Sara Macak

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Sara Macak

saramacak1@gmail.com +1(630) 207-6658

$2,650,000

Est. payment - /mo

13,531 SqFt

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UPDATED:

10/11/2024 03:04 PM

Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 13,531 sqft

Price per Sqft $195

MLS Listing ID 11739914

Year Built 1955

Annual Tax Amount $102,259

Tax Year 2023

Lot Dimensions 15256

Property Description

Subject property is a 13,531 square foot commercial property located at the corner of 16th and State Streets in the South Loop neighborhood. This single-tenant , single-story industrial property is leased to Fleet Distributors, Inc. The tenant is currently on a month-to-month lease and has occupied the building since January 2001. There is the potential to develop this site with the parcel located at 1639-1701 South State Street. Positioned amidst a dense commercial area within the heart of downtown Chicago, this property is in close proximity to The Loop, Michigan Avenue shops and restaurants, Jewel-Osco, Whole Foods, Target and Trader Joe's. Landmarks such as Grant Park, Soldier Field, The Art Institute of Chicago, several schools and museums are nearby. Easy accessibility to CTA Red, Orange and Green lines and expressways I90/94/290/55.

Location

State IL

County Cook

Area Chi - Near South Side

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Retail/Stores

Level or Stories 1

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Listed by Susan Silver • Millennium Properties RE, Inc.

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Sara Macak

Broker | License ID: 475.193648

+1(630) 207-6658