$ 2,650,000
1640 S State ST Chicago, IL 60616
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$ 2,650,000
Est. payment | /mo
13,531 SqFt
$ 2,650,000
Est. payment | /mo
13,531 SqFt
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
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Susan Silver • Millennium Properties RE, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "