Chicago, IL 60654 435 W Erie Street
$2,990,000



30 more






























Presented By: @properties Christie's International Real Estate
Home Details
Sale Lease back opportunity, Great Professional Office condominium for sale, With an Already in place corporate tenant with a Guaranteed 10 year NNN lease, Solid tenant, ensuring immediate, consistent rental income for the buyer. Perfect for Investment and to add to your income portfolio. Extremely rare offering here, NOI Is $167,091, Excellent visibility in highly desirable, prime location. 4,200 SQ FT, DX-7 Zoning. This is a must-see, well-appointed, professional office environment. High End Modern, open office space. This unit is on the Ground Level, If not used for the current tenant in the future, This is Perfect for any business, office, tech, government, real estate, insurance, Mortgage, Financial Trading Medical dental, retail. Very Well maintained. Currently used as a Corporate Office, The unit is Completely and fully built out, turn-key, move-in ready with 9 executive, private office suites, cubicles for support staff, 1 conference room, supply storage room, 2 large, modern restrooms, full, private kitchen/break area. Fully wired with fiber optic, Internet, phone, Cat 5 and music. Handicap accessible from interior entrance. Unit features a full, sprinkler system. All new, commercial grade, copper plumbing throughout the unit. Near public transportation (Bus and Train Metra and CTA). Right off The Ohio spur downtown. Quick access from all highways. Assessment includes water, rubbish, scavenger, maintenance, elevator fees. Ownership is willing to discuss a Sale Leaseback, Surrounding area retail business includes East Bank Club, Erie Cafe, Do not bother the tenant, Call listing broker for showing.
Presented By: @properties Christie's International Real Estate
Interior Features for 435 W Erie Street
Other Interior Features
FlooringCarpet, Tile, Varies
General for 435 W Erie Street
Additional Parcels Y/NNo
Cap Rate4.77
CityChicago
Construction MaterialsConcrete, Steel Siding
CoolingCentral Air
CountyCook
Current UseCommercial, Office
DirectionsORLEANS AND ERIE, WEST TO ADDRESS
ElectricService - 201 to 600 Amps
Gross Income201964
Leasable Area4200
Lot Size Square Feet4200
MLS AreaCHI - Near North Side
Net Operating Income167091
Number Of Units Total1
Operating Expense32909
PossessionClosing, Immediate, Lease Back Required, Negotiable
Possible UseCommercial, Office
Property SubtypeOffice
Property TypeCommercial Sale
Property TypeOffice/Tech
Standard StatusActive
StatusActive
Stories Count1
Tax Annual Amount14821
Tax Year2023
Tenant PaysCommon Area Maintenance, Insurance, Repairs
UtilitiesElectric to Site, Natural Gas Available, Sewer Connected, Water Available, Cable Available, Fiber
Virtual TourClick here
Year Built1982
ZoningOFFIC
Exterior for 435 W Erie Street
Building Area Total4200
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street, Public Road
Lot Dimensions4200
Water SourceMunicipal Water
Additional Details
Price History

SQFT • 4,200