This Office Property is Off-Market.

100 South Morgan Street
Chicago, IL 60607 ·

22,207 SF · Office For Sale

N/A

Print

100 South Morgan Street

Price N/A Property Sub-type
Office Building
More...
  • Flex Space
  • Office Showroom
  • Multifamily (land)
Building Size 22,207 SF Property Use Type Vacant/Owner-User
Property Type Office Lot Size 26,037 SF
Listing ID: 16603268 Date Created: 03/09/2010 Last Updated: 01/03/2012

Description

PRICE REDUCTION!!CB Richard Ellis has been retained as the exclusive advisor for the sale of 100 South Morgan Street, Chicago, Illinois ("the Property"). This offering provides the opportunity to purchase a one story-plus mezzanine office/warehouse facility containing approximately 22,207 square feet of net rentable area of which approximately 12,487 square feet is attractive office space and approximately 9,720 square feet is warehouse space. The improvements, which include a 21-space outdoor parking lot, are situated on a 26,037-square foot parcel. The property is currently owner-occupied and can be delivered vacant. The owner would also consider leasing back a portion of the space from a buyer. The warehouse portion of the facility is currently used for indoor parking with space for 23 cars. The site's favorable DX-5, Downtown Mixed-Use District zoning allows for a 5.0 maximum floor area ratio (FAR) making the property an excellent redevelopment opportunity.

100 South Morgan Street enjoys a prime location in Chicago's West Loop neighborhood. Located adjacent to the Central Business District (The Loop) to the west, the neighborhood is one of Chicago's most attractive and fastest growing neighborhoods. The West Loop has a superb amenity offering including a thriving restaurant district, a variety of retailers, service businesses and specialty shops, a gallery district and a well established residential and student base. The property has excellent access to the area's major transportation links, including the expressway system and bus and rail service.

Highlights

  • PRICE REDUCTION!!!Superb owner-user opportunity with abundant on-site parking.
  • Excellent redevelopment potential with in-place DX-5 zoning allowing for development of 130 residential units.
  • Corner location
  • Excellent access to train and bus service.
  • Potential uses office, residential and retail.

Research

100 South Morgan Street, Chicago, IL 60607 (Cook County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

Chicago Market Trends - Asking price index trends, sale price trends, asking rent trends

Similar Listings

  • 5097 Elston
    5097 Elston

    Chicago, IL 60630

    For Sale · $1,750,000

    17,000 SF Building

    Office Building

  • 1026 W. Van Buren St.
    1026 W. Van Buren St.

    Chicago, IL 60607

    For Sale · Price Not Disclosed

    24,000 SF Building

    Office Building

  • 5700 N. Central Ave.
    5700 N. Central Ave.

    Chicago, IL 60646

    For Sale · $2,800,000

    16,500 SF Building

    Office Building

  • No Photo

    9999 Chicago

    Chicago, IL 60611

    For Sale · $4,875,000

    20,000 SF Building

    Institutional/Governmental

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

I am a place holder, please don't judge me!!! (no, I judge you!)