Chicago, IL 60607 1355 W Washington Boulevard

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Presented By: Chicago Real Estate Resources
  • MLS# 12322367
  • 03/26/2025
  • Request Tour
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  • SQFT • 45,058

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

Client Care

Price $359,000
MLS#12322367
List Date 03/26/2025
Property Type Commercial
Phone 847.485.2500
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