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1355 W Washington Blvd - Retail Condo Investment For Sale 900 SF Office/Retail Condo Unit Offered at $359,000 in Chicago, IL 60607

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EXECUTIVE SUMMARY

A rare retail and office condo in the heart of the West Loop presents a solid NNN investment opportunity with a long-term medical wellness tenant already in place. The lease is secured until August 2026 and includes two five-year renewal options. The unit includes one indoor garage parking space with convenient rear access. The seller is providing favorable financing terms. This represents an excellent investment opportunity with a positive cash flow asset and no maintenance required in one of Chicago's most desirable neighborhoods. It is located near highway access and is in proximity to the Washington/Wells Station and Ogden Avenue, just 5 minutes from the United Center. The city council has approved the 1901 Project, a seven billion dollar development that will transform 55 acres into a sprawling campus featuring music venues, retail, hotels, green spaces, and affordable housing. Construction starts this spring.

PROPERTY FACTS

Total Building Size	45,048 SF	Typical Floor Size	7,508 SF
Property Type	Multifamily (Condo)	Year Built	2007
Property Subtype	Apartment General Retail Storefront Retail/Residential Office Office Residential	Lot Size	0.10 AC
Building Class	B	Parking Ratio	0.02/1,000 SF
Floors	6
Zoning	C1-3 - C1-5

Total Building Size	45,048 SF
Property Type	Multifamily (Condo)
Property Subtype	Apartment General Retail Storefront Retail/Residential Office Office Residential
Building Class	B
Floors	6
Typical Floor Size	7,508 SF
Year Built	2007
Lot Size	0.10 AC
Parking Ratio	0.02/1,000 SF
Zoning	C1-3 - C1-5

1 UNIT AVAILABLE

Unit A

Unit Size	900 SF	Condo Use	Office/Retail
Price	$359,000	Sale Type	Investment
Price Per SF	$398.89	APN/Parcel ID	17-08-335-051-1001

Unit Size	900 SF
Price	$359,000
Price Per SF	$398.89
Condo Use	Office/Retail
Sale Type	Investment
APN/Parcel ID	17-08-335-051-1001

SALE NOTES

A rare retail and office condo in the heart of the West Loop offers a strong NNN investment opportunity with a long-term tenant already in place. The lease is secured until August 2026 and includes two five-year renewal options. The unit features one indoor garage parking space with convenient rear access. The seller is providing favorable financing terms. This represents an excellent investment opportunity with a positive cash flow asset and no maintenance required in one of Chicago's most desirable neighborhoods. It is located near highway access and proximity to the Washington/Wells Station and Ogden Avenue, just 5 minutes from the United Center. The city council has approved the 1901 Project, a seven billion development that will transform 55 acres into a sprawling campus featuring music venues, retail, hotels, green spaces, and affordable housing. Construction starts this Spring.