1327 W Washington Boulevard #104

CHICAGO, Illinois 60607

Closed / MLS #9601002 / Office / Tech / West Loop Gate

Listing information updated 8/31/2017 at 4:00am

Union Park Lofts 2550 square feet in HOT WEST LOOP on the corner of Washington/Ada one block from Restaurant Row on Randolph St & Madison St, 2 blocks from Skinner West Elementary School, 9 min walk to new McDonald's Campus, 13 min walk to Google Campus! 5 private offices plus utility/washer/dryer/break room in the back & separate kitchen & full bathroom w/shower. Layout can be easily reconfigured to your needs since the walls are not load bearing. 9' timber ceilings & brick walls. Common roof deck w/grills & beautiful view of the city! No rental cap. Perfect for an owner/user or investment. If you're looking to rent it out, the nearest comparable commercial loft condo w/similar finishes on Washington St is listed @ $1.75/SF so I used $1.5/SF as a conservative estimate which comes out to $3,825/month in rental income which would be a 6.8% cap rate. The building has secure entry & very responsive professional management! Free parking in front of the door! Check out the 3D Virtual Tour

Full Features

Built:

1907

Cooling System:

Central Air

Stories:

Current Use:

Commercial, Condominium, Office and Research

Potential Use:

Commercial, Condominium, Office and Research, Special Use, Other

Zoning:

COMMR

Rentable Square Feet:

2,550

Building Square Feet:

60,000

Current Net Income:

$32,004

Taxes & Assessments

Tax Amount:

$6,212

Tax Year:

N/A

Location

Zip Code:

60607

City:

Chicago

County:

Cook

Listing Office: Exit Strategy Realty

Listing Office Phone: 312.554.5478

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 8/31/2017 at 4:00am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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1327 W Washington Boulevard #104 is a office / tech which sold for $470,000. This office / tech has been listed on @properties since April 17th, 2017 and was built in 1907. The nearest transit stops include Racine CTA Blue line.