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$4,525,000
Favorite
39,147
square ft

2240 W Ogden Avenue

CHICAGO, Illinois 60612
Closed / MLS #9284809 / Office / Tech / West Loop Gate
Listing information updated 10/31/2017 at 3:20am
Unique urban infill investment opportunity in Chicago's Illinois Medical District (IMD). 39,147 square foot brick and timber loft office building with substantial income in place and multiple avenues to create additional value. Quality tenancy with term remaining but room to increase rents at rollover. Property contains an abundance of parking that is rare anywhere in the City of Chicago with an ability to offer nearly 2.5 spaces per 1000 SF of rentable area. Numerous recent capital improvements including new roof, windows/sills, common area improvements, bathrooms and more. Urban infill location with long term appreciation potential. Excellent 1031 exchange candidate!

Full Features

Built:
1910
Cooling System:
Central Air,Central Individual
Stories:
4
Zoning:
PUD
Rentable Square Feet:
3,673
Building Square Feet:
39,147
Current Net Income:
$29,421

Taxes & Assessments

Tax Amount:
$89,291
Tax Year:
N/A

Location

Zip Code:
60612
City:
Chicago
County:
Cook

Listing Office: Jameson Commercial

Listing Office Phone: 312.216.8000

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 10/31/2017 at 3:20am. 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.

CTA

CTA
Blue line at Western
CTA
Pink line at Polk

Metra

Metra
BNSF Railway line at S Western Ave Metra
$637,917
Average Sale Price
68
Average Days On The Market
99%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 2240 W Ogden Avenue, Chicago, IL 60612

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2240 W Ogden Avenue is a office / tech which sold for $4,525,000. This office / tech has been listed on @properties since July 12th, 2016 and was built in 1910. The nearest transit stops include Western CTA Blue line and S Western Ave Metra Metra BNSF Railway line.

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