50 E Washington Street, Chicago, IL 60602

  • $635,502
  • $635,502
50 E Washington Street, Chicago, IL 60602
  • Commercial Sale
  • Property Type
  • 1914
  • Year Built
For Sale
50 E Washington Street, Chicago, IL 60602
  • $635,502
  • $635,502

Overview

Property ID: 14723642
  • Commercial Sale
  • Property Type
  • 1914
  • Year Built

Description

A 12,386 square foot turn-key condominium situated on the northeast corner of Wabash Avenue and Washington Street in the Jewelers Row District. Located on the third floor, the suite is built-out with high-end finishes and benefits from incredible unobstructed views of Lake Michigan, Millennium Park, and the city. The unit has been improved with numerous offices, conference rooms, a kitchen and is in move-in condition. Because the space can be easily sub-divided, this is the perfect opportunity for a user or investor. There is also the potential for SBA financing which offers low interest rates and favorable terms. The unit is part of the historic 21-story Garland Building, which was constructed in 1914 and contains 259,000 square feet of commercial space and has approximately 170 units. The property continues to sustain high occupancy levels with stable long-term tenants from the medical, dental, financial, legal and non-profits sectors. On-site valet parking is available. The East Loop submarket is a highly desirable location due to its proximity to government buildings, restaurants, shopping, entertainment and other amenities. Specifically, this high visibility location is just a few blocks away from Millennium Park and has easy access to public transportation, parking and expressways. This busy corridor benefits from the high traffic and foot counts.

  • Address 50 E Washington Street
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60602
  • Country United States

Details

Updated on August 26, 2024 at 4:09 am
  • Property ID: 14723642
  • Price: $635,502
  • Year Built: 1914
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • Living Area: 259000
  • MLS#: MRD11891315
  • Office Name: MILLENNIUM PROPERTIES RE, INC.
  • Agent Name: Daniel Hyman
  • MLS Status: Active
  • Living Area Prefix: SqFt

Additional details

  • List Office MLSID: MRD14652
  • List Agent MLSID: MRD104413
  • List Date: 2023-09-21T19:37:40.000Z
  • Cooling: Central Air
  • Tax Year: 2021
  • County: Cook
  • Property SubType: Office

Mortgage Calculator

Monthly
  • Principal & Interest
  • Property Tax
  • Home Insurance
  • PMI
$
$
%
$
$
$

Contact Information

View Listings
shoshot
  • shoshot

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Compare listings

Compare
shoshot
  • shoshot