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655 W Irving Park Rd
Chicago, IL 60613
Park Place Tower · Multifamily Property For Sale
INVESTMENT HIGHLIGHTS
- Area boasts a diverse array of dining, shopping, and entertainment options
- Surrounding parks, historic landmarks, and a lively social scene make this area an attractive destination for professionals and visitors alike
- Easy access to Lake Michigan, the renowned Wrigley Field, and the bustling Southport Corridor
- Ideal choice for office building investors seeking a dynamic and desirable location.
PROPERTY FACTS
| Total Building Size | 1,017,968 SF | Typical Floor Size | 18,178 SF |
| Property Type | Multifamily | Year Built | 1974 |
| Property Subtype | Apartment | Lot Size | 0.18 AC |
| Building Class | B | Parking Ratio | 0.07/1,000 SF |
| Floors | 56 | ||
| Zoning | RM-6.5 | ||
| Total Building Size | 1,017,968 SF |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 56 |
| Typical Floor Size | 18,178 SF |
| Year Built | 1974 |
| Lot Size | 0.18 AC |
| Parking Ratio | 0.07/1,000 SF |
| Zoning | RM-6.5 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Storage Space
- Heating
- Security System
- Ceiling Fans
- Kitchen
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Views
- Wi-Fi
- Office
- Smoke Free
- Window Coverings
SITE AMENITIES
- Business Center
- Controlled Access
- Fitness Center
- Laundry Facilities
- Pool
- Property Manager on Site
- Security System
- Disposal Chutes
- Doorman
- Wi-Fi
- Storage Space
- Bicycle Storage
- Dock
- Community-Wide WiFi
- Conference Rooms
- Elevator
- Maintenance on site
6 UNITS AVAILABLE
Unit Cafe
| Unit Size | 1,500 SF | Sale Type | Investment |
| Condo Use | Retail |
| Unit Size | 1,500 SF |
| Condo Use | Retail |
| Sale Type | Investment |
DESCRIPTION
Discover the vibrant neighborhood surrounding the property at 655 W Irving Park Rd, Chicago, IL, 60613. Situated in the heart of Chicago, this area boasts a diverse array of dining, shopping, and entertainment options for both tenants and visitors. With easy access to Lake Michigan, the renowned Wrigley Field, and the bustling Southport Corridor, the location provides an unparalleled blend of work and play. Surrounding parks, historic landmarks, and a lively social scene make this area an attractive destination for professionals and visitors alike, making it an ideal choice for office building investors seeking a dynamic and desirable location.
SALE NOTES
Jameson Commercial is pleased to offer this unique Owner/User and Investment Opportunity for purchase at Park Place Tower in Chicago. This 901-unit condo building is ideally situated in the heart of Chicago. This area boasts a diverse array of dining, shopping, and entertainment options for both tenants and visitors. With easy access to Lake Michigan, the renowned Wrigley Field, and the bustling Southport Corridor, the location provides an unparalleled blend of work and play. Surrounding parks, historic landmarks, and a lively social scene make this area an attractive destination for professionals and visitors alike, making it an ideal choice for office building investors seeking a dynamic and desirable location. Available at 655 Irving Park: 1,500 SF Retail Condo available for $1,000,000 82 Laundry Machines generating $360,000/annually available for sale for $3,500,000 150 Private Storage Lockers generating $132,000/annually available for sale for $1,000,000 56th Floor Penthouse A - 3,500 SF unfinished - available for sale $1,500,000 56th Floor Penthouse B - 1,500 SF - available for sale $1,000,000
Unit Laundry
| Unit Size | 2,500 SF | Cap Rate | 8.89% |
| Condo Use | Retail | NOI | $400,000 |
| Sale Type | Investment |
| Unit Size | 2,500 SF |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 8.89% |
| NOI | $400,000 |
DESCRIPTION
Discover the vibrant neighborhood surrounding the property at 655 W Irving Park Rd, Chicago, IL, 60613. Situated in the heart of Chicago, this area boasts a diverse array of dining, shopping, and entertainment options for both tenants and visitors. With easy access to Lake Michigan, the renowned Wrigley Field, and the bustling Southport Corridor, the location provides an unparalleled blend of work and play. Surrounding parks, historic landmarks, and a lively social scene make this area an attractive destination for professionals and visitors alike, making it an ideal choice for office building investors seeking a dynamic and desirable location.
SALE NOTES
Jameson Commercial is pleased to offer this unique Owner/User and Investment Opportunity for purchase at Park Place Tower in Chicago. This 901-unit condo building is ideally situated in the heart of Chicago. This area boasts a diverse array of dining, shopping, and entertainment options for both tenants and visitors. With easy access to Lake Michigan, the renowned Wrigley Field, and the bustling Southport Corridor, the location provides an unparalleled blend of work and play. Surrounding parks, historic landmarks, and a lively social scene make this area an attractive destination for professionals and visitors alike, making it an ideal choice for office building investors seeking a dynamic and desirable location. Available at 655 Irving Park: 1,500 SF Retail Condo available for $1,000,000 82 Laundry Machines generating $360,000/annually available for sale for $3,500,000 150 Private Storage Lockers generating $132,000/annually available for sale for $1,000,000 56th Floor Penthouse A - 3,500 SF unfinished - available for sale $1,500,000 56th Floor Penthouse B - 1,500 SF - available for sale $1,000,000
Unit 150Lockers
| Unit Size | 5,500 SF | Sale Type | Investment or Owner User |
| Condo Use | Flex |
| Unit Size | 5,500 SF |
| Condo Use | Flex |
| Sale Type | Investment or Owner User |
DESCRIPTION
Discover the vibrant neighborhood surrounding the property at 655 W Irving Park Rd, Chicago, IL, 60613. Situated in the heart of Chicago, this area boasts a diverse array of dining, shopping, and entertainment options for both tenants and visitors. With easy access to Lake Michigan, the renowned Wrigley Field, and the bustling Southport Corridor, the location provides an unparalleled blend of work and play. Surrounding parks, historic landmarks, and a lively social scene make this area an attractive destination for professionals and visitors alike, making it an ideal choice for office building investors seeking a dynamic and desirable location.
SALE NOTES
Jameson Commercial is pleased to offer this unique Owner/User and Investment Opportunity for purchase at Park Place Tower in Chicago. This 901-unit condo building is ideally situated in the heart of Chicago. This area boasts a diverse array of dining, shopping, and entertainment options for both tenants and visitors. With easy access to Lake Michigan, the renowned Wrigley Field, and the bustling Southport Corridor, the location provides an unparalleled blend of work and play. Surrounding parks, historic landmarks, and a lively social scene make this area an attractive destination for professionals and visitors alike, making it an ideal choice for office building investors seeking a dynamic and desirable location. Available at 655 Irving Park: 1,500 SF Retail Condo available for $1,000,000 82 Laundry Machines generating $360,000/annually available for sale for $3,500,000 150 Private Storage Lockers generating $132,000/annually available for sale for $1,000,000 56th Floor Penthouse A - 3,500 SF unfinished - available for sale $1,500,000 56th Floor Penthouse B - 1,500 SF - available for sale $1,000,000
Unit Office
| Unit Size | 5,000 SF | Sale Type | Investment |
| Condo Use | Office |
| Unit Size | 5,000 SF |
| Condo Use | Office |
| Sale Type | Investment |
DESCRIPTION
Discover the vibrant neighborhood surrounding the property at 655 W Irving Park Rd, Chicago, IL, 60613. Situated in the heart of Chicago, this area boasts a diverse array of dining, shopping, and entertainment options for both tenants and visitors. With easy access to Lake Michigan, the renowned Wrigley Field, and the bustling Southport Corridor, the location provides an unparalleled blend of work and play. Surrounding parks, historic landmarks, and a lively social scene make this area an attractive destination for professionals and visitors alike, making it an ideal choice for office building investors seeking a dynamic and desirable location.
SALE NOTES
Jameson Commercial is pleased to offer this unique Owner/User and Investment Opportunity for purchase at Park Place Tower in Chicago. This 901-unit condo building is ideally situated in the heart of Chicago. This area boasts a diverse array of dining, shopping, and entertainment options for both tenants and visitors. With easy access to Lake Michigan, the renowned Wrigley Field, and the bustling Southport Corridor, the location provides an unparalleled blend of work and play. Surrounding parks, historic landmarks, and a lively social scene make this area an attractive destination for professionals and visitors alike, making it an ideal choice for office building investors seeking a dynamic and desirable location. Available at 655 Irving Park: 1,500 SF Retail Condo available for $1,000,000 82 Laundry Machines generating $360,000/annually available for sale for $3,500,000 150 Private Storage Lockers generating $132,000/annually available for sale for $1,000,000 56th Floor Penthouse A - 3,500 SF unfinished - available for sale $1,500,000 56th Floor Penthouse B - 1,500 SF - available for sale $1,000,000
Unit PH A
| Unit Size | 1,500 SF | Sale Type | Investment |
| Condo Use | Office |
| Unit Size | 1,500 SF |
| Condo Use | Office |
| Sale Type | Investment |
DESCRIPTION
Discover the vibrant neighborhood surrounding the property at 655 W Irving Park Rd, Chicago, IL, 60613. Situated in the heart of Chicago, this area boasts a diverse array of dining, shopping, and entertainment options for both tenants and visitors. With easy access to Lake Michigan, the renowned Wrigley Field, and the bustling Southport Corridor, the location provides an unparalleled blend of work and play. Surrounding parks, historic landmarks, and a lively social scene make this area an attractive destination for professionals and visitors alike, making it an ideal choice for office building investors seeking a dynamic and desirable location.
SALE NOTES
Jameson Commercial is pleased to offer this unique Owner/User and Investment Opportunity for purchase at Park Place Tower in Chicago. This 901-unit condo building is ideally situated in the heart of Chicago. This area boasts a diverse array of dining, shopping, and entertainment options for both tenants and visitors. With easy access to Lake Michigan, the renowned Wrigley Field, and the bustling Southport Corridor, the location provides an unparalleled blend of work and play. Surrounding parks, historic landmarks, and a lively social scene make this area an attractive destination for professionals and visitors alike, making it an ideal choice for office building investors seeking a dynamic and desirable location. Available at 655 Irving Park: 1,500 SF Retail Condo available for $1,000,000 82 Laundry Machines generating $360,000/annually available for sale for $3,500,000 150 Private Storage Lockers generating $132,000/annually available for sale for $1,000,000 56th Floor Penthouse A - 3,500 SF unfinished - available for sale $1,500,000 56th Floor Penthouse B - 1,500 SF - available for sale $1,000,000
Unit PH B
| Unit Size | 3,500 SF | Sale Type | Investment |
| Condo Use | Office |
| Unit Size | 3,500 SF |
| Condo Use | Office |
| Sale Type | Investment |
DESCRIPTION
Discover the vibrant neighborhood surrounding the property at 655 W Irving Park Rd, Chicago, IL, 60613. Situated in the heart of Chicago, this area boasts a diverse array of dining, shopping, and entertainment options for both tenants and visitors. With easy access to Lake Michigan, the renowned Wrigley Field, and the bustling Southport Corridor, the location provides an unparalleled blend of work and play. Surrounding parks, historic landmarks, and a lively social scene make this area an attractive destination for professionals and visitors alike, making it an ideal choice for office building investors seeking a dynamic and desirable location.
SALE NOTES
Jameson Commercial is pleased to offer this unique Owner/User and Investment Opportunity for purchase at Park Place Tower in Chicago. This 901-unit condo building is ideally situated in the heart of Chicago. This area boasts a diverse array of dining, shopping, and entertainment options for both tenants and visitors. With easy access to Lake Michigan, the renowned Wrigley Field, and the bustling Southport Corridor, the location provides an unparalleled blend of work and play. Surrounding parks, historic landmarks, and a lively social scene make this area an attractive destination for professionals and visitors alike, making it an ideal choice for office building investors seeking a dynamic and desirable location. Available at 655 Irving Park: 1,500 SF Retail Condo available for $1,000,000 82 Laundry Machines generating $360,000/annually available for sale for $3,500,000 150 Private Storage Lockers generating $132,000/annually available for sale for $1,000,000 56th Floor Penthouse A - 3,500 SF unfinished - available for sale $1,500,000 56th Floor Penthouse B - 1,500 SF - available for sale $1,000,000
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 901 | - | - |
