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- LoopNet Team
116 N Willard Ct
Chicago, IL 60607
Land For Sale
·
0.12 AC
Property Facts
| Property Type | Land | Total Lot Size | 0.12 AC |
| Property Subtype | Commercial | No. Stories | 3 |
| Zoning | C1-3 - Neighborhood Commercial District | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.12 AC |
| No. Stories | 3 |
| Zoning | C1-3 - Neighborhood Commercial District |
Description
West Loop Development or Value-Add Opportunity SVN Chicago Commercial is pleased to present the opportunity to acquire 116-118 N Willard, consisting of an existing 2,500 SF mixed-use building situated on 5,130 SF of land in Chicago' s booming West Loop neighborhood. With being located in between Randolph Street and Washington Boulevard only 3 blocks from McDonald' s new Global HQ, 2 blocks from proposed McDonald' s Hotel, the property' s C1-3 zoning as well as its location in the newly designated Downtown Expansion Area make the property a premier West Loop re-development or ground-up development opportunity. The West Loop has seen unprecedented development over the past several years with incredible demand for office, retail, and multi- family properties, in large part due to the influx of corporate headquarters into the area, including Google and the new McDonald' s campus, which is currently under construction. The location of the subject property is extremely attractive because of its close proximity to mass transit, highways, McDonald' s new Global HQ, Google' s Midwest HQ, Fulton West, McCaffery Interests' seven story office development and downtown Chicago' s Loop CBD. To learn more about the West Loop, visit our blog at: www.westloopreport.com.
Property Taxes
| Parcel Number | 17-08-330-016-0000 | Improvements Assessment | $65,408 |
| Land Assessment | $16,188 | Total Assessment | $81,596 |
Property Taxes
