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120 S State St

2,300 SF Office/Medical Unit Offered at £788,430 in Chicago, IL 60603

Investment Highlights

  • A unique opportunity to own a part of Chicago’s historic architecture
  • Convenient transportation right outside the front door, including CTA buses, the Red Line underground station, .and Loop L stops.
  • The building’s mixed-use classification as a residential and office property reduces the tax burden by nearly 50%

Executive Summary

Originally constructed in 1926 the Singer Building is a historic Gothic Revival structure with intricate details, located on State Street. The Building, designed by Mundie & Jensen, is a ten story structure with a Gothic Revival design. It features terracotta decorations, piers at the corners, and sets of three double-hung windows on each story. With its slender dimensions, the building offers one unit per floor, accommodating a mix of residential and office users.

Property Facts

Price £788,430
Unit Size 2,300 SF
No. Units 1
Total Building Size 24,500 SF
Property Type Office (Unit)
Sale Type Investment or Owner User
Building Class C
Number of Floors 10
Typical Floor Size 2,500 SF
Year Built 1926
Lot Size 0.07 AC

1 Unit Available

Unit 8th Floor

Unit Size 2,300 SF
Price £788,430
Price Per SF £342.80
Unit Use Office/Medical
Sale Type Investment or Owner User
Description

Unit 8 is a full-floor 2,300 SF work/live space with direct elevator access, hardwood flooring, and soaring ceilings.  The front corner windows provide panoramic views of State Street and the Palmer House, adding to the charm of this versatile unit. The space currently functions as a stunning 3-operatory dental office with a 1-bedroom, 1-bathroom residential suite.
The loft-like interior showcases authentic features like 11’5” concrete ceilings, oak floors, and exposed brick and ductwork. The private elevator key grants direct access to the floor, providing privacy and convenience.

Walk Score ®
Walker's Paradise (100)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Amenities

  • Bus Route
  • Public Transport
  • Signage

zoning

Zoning Code DX16 (Downtown Mixed-Use District)
DX16 (Downtown Mixed-Use District)
  • Listing ID: 33861676

  • Date on Market: 13/11/2024

  • Last Updated:

  • Address: 120 S State St, Chicago, IL 60603

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