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711 W Grand Ave 4,320 SF Retail Condo Unit Offered at $2,250,000 in Chicago, IL 60654
Investment Highlights
- Located in the River West neighborhood near West Loop and Fulton Market.
- Close proximity to major highways and CTA transit options.
- Excellent visibility and high traffic counts along West Grand Avenue.
Executive Summary
711 W Grand Ave is a mixed-use property located in Chicago’s River West neighborhood. The building contains 15 residential units and includes a retail component on the ground level. The property offers visibility along West Grand Avenue and is easily accessible via nearby highways and public transit. The site is zoned C1-5 and includes features such as 24-hour access, elevators, and in-unit amenities.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User | Sale Conditions | Lease Option |
| Sale Type | Owner User |
| Sale Conditions | Lease Option |
Description
- 2 large bathrooms with showers
- High ceilings
- Excellent retail exposure
- High ceilings
- Excellent retail exposure
Sale Notes
Discover an outstanding opportunity to own a modern retail condominium designed with versatility and visibility in mind. Featuring soaring 15-foot ceilings and expansive open space, this property provides an adaptable environment suitable for a wide range of retail concepts, showrooms, or creative uses. Flooded with natural light through large storefront windows, the interior offers an inviting aesthetic to showcase your brand and products.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1 | 4,320 SF | Retail | $2,250,000 ($520.83/SF) | - |
Unit 1
| Unit Size |
| 4,320 SF |
| Condo Use |
| Retail |
| Price |
| $2,250,000 ($520.83/SF) |
| NOI |
| - |
1 of 0
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Unit 1
| Unit Size | 4,320 SF |
| Condo Use | Retail |
| Price | $2,250,000 ($520.83/SF) |
| NOI | - |
| Sale Type | Owner User |
| Sale Conditions | Lease Option |
| Description | |
| - 2 large bathrooms with showers<br> - High ceilings<br> - Excellent retail exposure</li></ul> | |
| Sale Notes | |
| Discover an outstanding opportunity to own a modern retail condominium designed with versatility and visibility in mind. Featuring soaring 15-foot ceilings and expansive open space, this property provides an adaptable environment suitable for a wide range of retail concepts, showrooms, or creative uses. Flooded with natural light through large storefront windows, the interior offers an inviting aesthetic to showcase your brand and products.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 37,000 SF | Floors | 5 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 4,200 SF |
| Property Subtype | Apartment | Year Built | 2007 |
| Building Class | B | Lot Size | 0.17 AC |
| Zoning | C1-5 | ||
| Total Building Size | 37,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 5 |
| Typical Floor Size | 4,200 SF |
| Year Built | 2007 |
| Lot Size | 0.17 AC |
| Zoning | C1-5 |
Amenities
Site Amenities
- 24 Hour Access
- On-Site Retail
- Smoke Free
- Elevator
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 15 | - | - |
Very walkable
80/100
Moderately drivable
60/100
Exceptional public transit
100/100
Moderately bikeable
70/100
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
The Fred Lev Company
711 W Grand Ave
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