50 East 16th Street, Unit C-1AChicago, IL 60616Price: $4,500,000

  • Price: $4,500,000
  • 20 Days on Market
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Federal 30-year interest rate: 3.11% last updated on Dec 2, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 7,725Square Feet
  • 2009Year Built

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Wow!!! Fabulous South Loop commercial occupied condo/store front for sale with long term successful tenant***The one and only "URBAN PAWS" in the space!!!*** Turn key investment opportunity where tenant pays everything (triple net lease) and new owner could just collect the rent/generate great annual income! This is very desirable Ground floor of a 176 unit luxury residential condo building - The Guild. Approximately 8,000 SF of space with 157 ft of frontage on Wabash. Amazing corner location with HIGH TRAFFIC AND VISIBLE AREA!!! Very rare opportunity to acquire a large block of ground floor commercial space in Chicago's HOT SOUTH LOOP!!! Multiple entrances would allow an investor to sub-divide the space to multiple tenants in the far future if needed! Indoor parking spaces available for purchase as well. Located in the heart of Chicago's South Loop directly on the corner of 16th and Wabash, steps to Columbia College, near retail shops, restaurants, Mariano's, Soldier Field/Field Museum, Lakefront, Fred Anderson Dog Park.Near McCormick Place Convention Center and other neighborhood amenities. Easy access to public transportation RED LINE, Roosevelt CTA AND BUSES. Easy street parking! Don't disturb the tenant with any questions-call/text listing agent for more info or private tour.

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Listed by Maja Brajic of Chicago Hillcrest Realty Inc

Based on information submitted to MRED  as of December 5, 2021 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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