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$ 11,900,000
Est. payment /mo
New
845 W Chicago AVE Chicago, IL 60642
40,000 SqFt
UPDATED:
02/23/2025 06:06 AM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 40,000 sqft
Price per Sqft $297
MLS Listing ID 12268517
Year Built 1909
Annual Tax Amount $250,000
Tax Year 2023
Lot Dimensions 27000
Property Sub-Type Mixed Use
Property Description
Prime Chicago's Northwest Loop/River North, a neighborhood combining commercial and residential at the corner of Chicago Ave., and Green St., just steps west of Halsted St., historical charm six-story brick loft timber building with today's functionality, featuring passenger elevator, 13' and 12' ceilings height, original exposed brick walls, each floor has 2-sets of large female and male bathrooms, 2-wide staircase on the east side and the northwest side, exposed heat and AC ceiling ducts, lots of wide & large windows providing natural lights in, 2009, sprinkler system, 833- 843, Chicago Ave., buildings are 3-story height. Minutes to Chicago's loop, Magnificent Mile/Michigan Ave., major roads, interstate, bus stops, and within a short distance to the train station. 3-toproof furnaces, 2020 and 2010. Downtown service district, of DS 5 zoning/downtown's periphery with continued growth. This beautiful building and great location provide immediate stable income with value-add opportunity/potential. The property is currently about 80% occupied. The street level 10,000 Sq. ft. retail space is strongly established and presents solid income. Possible conversion of multifamily apartments.
Location
State IL
County Cook
Area Chi - West Town
Zoning RTAIL
Interior
Cooling Central Air
Fireplace N
Exterior
Roof Type Rubber
Building
Dwelling Type Mixed Use
Level or Stories 6
Structure Type Brick
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Mark Ahmad • Century 21 Circle