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833-845 W Chicago Ave 60,000 SF 100% Leased Office Building Chicago, IL 60642 $7,900,000 ($131.67/SF) 6.62% Cap Rate

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EXECUTIVE SUMMARY

Prime Chicago's West Loop/River North, a neighborhood combining commercial and residential at the corner of Chicago Ave., and Green St., just steps west of Halsted St., historical charm six-story brick loft timber building with today’s functionality, featuring passenger elevator, 13’ and 12’ ceilings height, original exposed brick walls, each floor has 2-sets of large female and male bathrooms, 2-wide staircase on the east side and the northwest side, exposed heat and AC ceiling ducts, lots of wide & large windows providing natural lights in, 2009, sprinkler system, 833- 843, Chicago Ave., buildings are 3-story height. Minutes to Chicago’s loop, Magnificent Mile/Michigan Ave., major roads, interstate, bus stops, and within a short distance to the train station. 3-toproof furnaces, 2020 and 2010. Downtown service district, of DS 5 zoning/downtown's periphery with continued growth. This beautiful building and great location provide immediate stable income with value-add opportunity/potential. The property is currently about 80% occupied. The street level 10,000 Sq. ft. retail space is strongly established and presents solid income. Possible conversion of multifamily apartments.

Chicago Ave. 833-845

PROPERTY FACTS

Sale Type

Investment

Property Type

Office

Building Size

60,000 SF

Building Class

Year Built/Renovated

1910/1992

Price

$7,900,000

Price Per SF

$131.67

Cap Rate

6.62%

NOI

$523,000

Percent Leased

100%

Tenancy

Multiple

Building Height

6 Stories

Typical Floor Size

10,000 SF

Building FAR

5.51

Lot Size

0.25 AC

Zoning

B - Downtown service district, of DS 5 zoning/downtown's periphery

Parking

30 Spaces (0.5 Spaces per 1,000 SF Leased)

24 Hour Access
Bus Line

Controlled Access
Security System

Signage

Natural Light

Manufacturing
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$9.99
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Archisesto Inc. is a Chicago-based retailer offering premium Italian-made home furnishings, specializing in modern kitchens, bathrooms, and living spaces. With a focus on sleek, minimalist design and exceptional craftsmanship, Archisesto provides custom solutions tailored to each client’s unique style. Their curated collections include kitchen cabinetry, bathroom vanities, wardrobes, sofas, dining sets, and more—each piece reflecting contemporary Italian innovation. Archisesto’s expert design team works closely with clients to transform homes into personalized works of art, making the showroom a destination for those seeking refined, modern interiors.

Manufacturing
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Dental Burs USA is a dental supply company specializing in high-quality burs, instruments, and accessories for dental professionals and laboratories. Their extensive product catalog includes diamond burs, carbide burs, mounted stones, endodontic tools, polishing systems, and specialty items tailored to meet the needs of dental practices and labs. With a focus on precision, durability, and performance, Dental Burs USA serves as a trusted partner for dental professionals seeking reliable tools and materials. The company also offers downloadable catalogs and price lists for convenient ordering and product selection.