Chicago, IL 60607 1355 W Washington Boulevard
$359,000



13 more














Presented By: Chicago Real Estate Resources
Home Details
A rare retail and office condo in the heart of the West Loop presents a solid NNN investment opportunity with a long-term medical wellness tenant already in place. The lease is secured until August 2026 and includes two five-year renewal options. The unit includes one indoor garage parking space with convenient rear access. The seller is providing favorable financing terms. This represents an excellent investment opportunity with a positive cash flow asset and no maintenance required in one of Chicago's most desirable neighborhoods. It is located near highway access and is in proximity to the Washington/Wells Station and Ogden Avenue, just 5 minutes from the United Center. The city council has approved the 1901 Project, a seven billion dollar development that will transform 55 acres into a sprawling campus featuring music venues, retail, hotels, green spaces, and affordable housing. Construction starts this spring.
Presented By: Chicago Real Estate Resources
Interior Features for 1355 W Washington Boulevard
Other Interior Features
FlooringVinyl
General for 1355 W Washington Boulevard
Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
CoolingCentral Air, Central Individual
CountyCook
Current UseCommercial, Medical/Dental
DirectionsVia 90/94 East, exit 26A toward Independence Boulevard, and take S Hamlin Blvd to W Washington Blvd.
ElectricCircuit Breakers, Service - 0 to 100 Amps
Gross Income44081
Insurance Expense400
Leasable Area985
Lot Size Square Feet45048
MLS AreaCHI - Near West Side
Net Operating Income28920
Number Of Units Total24
Operating Expense15161
PossessionClosing
Property TypeCommercial Sale
Property TypeRetail/Stores
Standard StatusActive
StatusActive
Stories6
Tax Annual Amount12169
Tax Year2023
Year Built2007
ZoningCOMMR
Exterior for 1355 W Washington Boulevard
Building Area Total45058
Lot Dimensions.10
Additional Details
Price History
