Your email has been sent.
435 W Erie St - 435 W Erie St, Chicago, IL 60654 4,200 SF Office/Retail Condo Unit Offered at $2,990,000 in Chicago, IL 60654
Investment Highlights
- Sale Lease back opportunity, Great Professional Office condominium for sale, With an Already in place corporate tenant with a Guaranteed 10 year NNN
- Extremely rare offering here, NOI Is $167,091, Excellent visibility in highly desirable, prime location. 4,200 SQ FT, DX-7 Zoning
- If not used for the current tenant in the future, This is Perfect for any business, office, tech, government, real estate, insurance, Mortgage, ETC.
- Solid tenant, ensuring immediate, consistent rental income for the buyer. Perfect for Investment and to add to your income portfolio
- This is a must-see, well-appointed, professional office environment. High End Modern, open office space. This unit is on the Ground Level,
- 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,
Property Facts
| Total Building Size | 226,460 SF | Typical Floor Size | 14,850 SF |
| Property Type | Multifamily (Condo) | Year Built | 1998 |
| Property Subtype | Apartment | Lot Size | 0.10 AC |
| Building Class | B | Parking Ratio | 0.15/1,000 SF |
| Floors | 23 | ||
| Zoning | DX-7 - DX-7 Zoning. | ||
| Total Building Size | 226,460 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 23 |
| Typical Floor Size | 14,850 SF |
| Year Built | 1998 |
| Lot Size | 0.10 AC |
| Parking Ratio | 0.15/1,000 SF |
| Zoning | DX-7 - DX-7 Zoning. |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Storage Space
- Tile Floors
- Kitchen
- Granite Countertops
- Refrigerator
- Sprinkler System
- Stainless Steel Appliances
- Wi-Fi
- Built-In Bookshelves
- Coffee System
- Office
- Wheelchair Accessible (Rooms)
Site Amenities
- 24 Hour Access
- Fitness Center
- Security System
- Doorman
- Conference Rooms
- Elevator
- Multi Use Room
- Sundeck
- Private Bathroom
1 Unit Available
Unit 104
| Unit Size | 4,200 SF | Cap Rate | 5.59% |
| Price | $2,990,000 | NOI | $167,091 |
| Price Per SF | $711.90 | Sale Conditions | Sale Leaseback |
| Condo Use | Office/Retail | APN/Parcel ID | 17-09-127-039-1167 |
| Sale Type | Investment or Owner User |
| Unit Size | 4,200 SF |
| Price | $2,990,000 |
| Price Per SF | $711.90 |
| Condo Use | Office/Retail |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.59% |
| NOI | $167,091 |
| Sale Conditions | Sale Leaseback |
| APN/Parcel ID | 17-09-127-039-1167 |
Description
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.
Sale Notes
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.
435 W Erie St Unit 104 Chicago IL 60654 USA-035-001-Floorplan-MLS_Size
Presented by
435 W Erie St - 435 W Erie St, Chicago, IL 60654
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.