Chicago, IL 60616 2037 S Indiana Avenue
$595,000



19 more



















Presented By: Compass
Home Details
Rarely available, street-level commercial condominium in the heart of Chicago's vibrant South Loop! Just minutes from McCormick Place, major residential towers, and exciting new developments, this versatile space offers outstanding visibility and limitless potential for a wide range of businesses. Currently built out as a professional Title Company/Attorney real estate office, the space features private offices, conference rooms, a kitchenette and two bathrooms. Recent updates include new lighting, hardwood flooring, fresh paint, and HVAC (2025). Previously utilized as a spa, the property's flexible zoning allows for nearly all business types-making it ideal for a coffee shop, restaurant, retail storefront, professional office, or service business. Income-Producing Investment Opportunity: Strong lease in place at $5,100/month through June 2026, Immediate cash flow with future owner-user potential, Prime location with steady pedestrian and vehicle traffic. With its unbeatable location, modern build-out, and solid lease income, this South Loop commercial condo offers both immediate returns and long-term flexibility-a smart move for investors or entrepreneurs looking to establish a presence in one of Chicago's most dynamic neighborhoods.
Presented By: Compass
Interior Features for 2037 S Indiana Avenue
Other Interior Features
FlooringWood
General for 2037 S Indiana Avenue
Additional Parcels Y/NYes
CityChicago
Construction MaterialsBrick, Concrete, Block
CoolingCentral Air
CountyCook
Current UseCommercial
DirectionsINDIANA AVENUE SOUTH TO PROPERTY
ElectricCircuit Breakers, Service - 0 to 100 Amps
Gross Income61200
Leasable Area1786
Lease TypeN/A
Lot Size Square Feet21900
MLS AreaCHI - Near South Side
ModificationTimestamp2025-10-20T05:07:14.850Z
Net Operating Income
Number Of Units Total3
Operating Expense0
PossessionClosing, Negotiable
Property SubtypeNeighborhood Storefront
Property TypeCommercial Sale
Property TypeRetail/Stores
Standard StatusActive
StatusActive
Stories Count5
Tax Annual Amount17982
Tax Year2023
Tenant PaysVaries by Tenant
TownshipSouth Chicago
UtilitiesElectricity Available, Natural Gas Available, Sewer Connected
Year Built2007
ZoningRTAIL
Exterior for 2037 S Indiana Avenue
Building Area Total130000
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot Dimensions113 X 90
Water SourceMunicipal Water
Additional Details
Price History

SQFT • 130,000