Chicago, IL 60614 1725 N Burling Street
$550,000



6 more







Presented By: Essex 312, LLC
Home Details
Essex 312, LLC has been exclusively engaged to market the sale of 1725 N Burling St., a three-story commercial office building in the heart of Lincoln Park neighborhood. This well-equipped and highly functional commercial office building presents a rare opportunity for investors or owner-users seeking a modern, infrastructure-rich office. The property offers a large conference room for meetings, as well as shared workspace and personal desks on both the second and basement levels. Common space includes 2 bathrooms, a kitchen, and ample storage closets throughout. A shared elevator with the condo building next door offers ADA-compliant wheelchair entry from the main lobby, as well as integrated keypad security and a fire annunciator system also connected to the neighboring building for enhanced safety and compliance. The interior offers a professional environment enhanced by radiant floor heating beneath hardwood on the first floor, modern LED recessed and track lighting, and individual HVAC controls on the first and second floor, and an additional split HVAC system for the lower level. Utility infrastructure is robust, featuring a main water shut-off, individual gas and electric meters, and both ejector and sump pumps for wastewater and rain drainage. Technology needs are well accommodated with Cat6 network cabling throughout all levels, a central server setup in the lower level, and a dedicated Comcast cable line that runs from the rear of the building. Shared elements include garbage service and building systems tied into the adjacent property, including elevator access to a shared rooftop.
Presented By: Essex 312, LLC
General for 1725 N Burling Street
Additional Parcels Y/NNo
Cap Rate5.57
CityChicago
Construction MaterialsBrick
CoolingCentral Air
CountyCook
DirectionsHead South on North Halsted, turn East on Willow St and south on Burling St
ElectricSeparate Meters
Gross Income54024
Leasable Area1809
Lot Size Square Feet4600
MLS AreaCHI - Lincoln Park
ModificationTimestamp2025-05-25T05:07:15.519Z
Net Operating Income30657
Number Of Units Total1
Operating Expense20665
Property TypeCommercial Sale
Property TypeOffice/Tech
Standard StatusActive
StatusActive
Stories Count2
Tax Annual Amount6067.46
Tax Year2023
Year Built2008
Exterior for 1725 N Burling Street
Building Area Total1809
Lot Dimensions46X100
Additional Details
Price History
