1640 S State Street, Chicago, IL 60616

  • $2,650,000
  • $3,250,000
1640 S State Street, Chicago, IL 60616
  • Commercial Sale
  • Property Type
  • 1955
  • Year Built
For Sale
1640 S State Street, Chicago, IL 60616
  • $2,650,000
  • $3,250,000

Overview

Property ID: 14723461
  • Commercial Sale
  • Property Type
  • 1955
  • Year Built

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.

  • Address 1640 S State Street
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60616
  • Country United States

Details

Updated on August 26, 2024 at 7:36 am
  • Property ID: 14723461
  • Price: $2,650,000
  • Year Built: 1955
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • Living Area: 13531
  • MLS#: MRD11739914
  • Office Name: MILLENNIUM PROPERTIES RE, INC.
  • Agent Name: Susan Silver
  • MLS Status: Active
  • Living Area Prefix: SqFt

Additional details

  • List Office MLSID: MRD14652
  • List Agent MLSID: MRD104417
  • List Date: 2023-03-17T20:27:00.000Z
  • Cooling: Central Air
  • Tax Annual: 37864
  • Tax Year: 2021
  • County: Cook
  • Property SubType: Other

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