434 W Ontario St
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434 W Ontario St
24,810 SF 100% Leased Office Building Chicago, IL 60654 £2,581,303 (£104/SF)
Executive Summary
Four-story, River North, heavy timber loft building. Stable cash flow with long-term tenants or DX-7 zoning provides a rare development opportunity. The building can have an additional two (2) stories added on top which increases the cash flow, or, can be an incredible owner's unit. Current tenants include an excellent Italian restaurant, a dental office, a general office and a former architect's space that is currently available if the purchaser wants to be an owner occupant.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
24,810 SF
Building Class
B
Year Built/Renovated
1920/1996
Price
£2,581,303
Price Per SF
£104
Percent Leased
100%
Tenancy
Multiple
Number of Floors
4
Typical Floor Size
4,792 SF
Slab to Slab
12 ft
Building FAR
5.18
Land Acres
0.11 AC
Zoning
DX-7, Chicago - Downtown Mixed-Use
Amenities
- Property Manager on Site
- Restaurant
- Security System
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
| Space | Size | Space Use | Condition | Available |
| 4th Floor | 2,500-4,937 SF | Office | Full Build-Out | 30 Days |
4th Floor
| Size |
| 2,500-4,937 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
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4th Floor
| Size | 2,500-4,937 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 30 Days |
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Walk Score ®
Walker's Paradise (94)
Transit Score ®
Rider's Paradise (94)
Bike Score ®
Very Bikeable (88)
PROPERTY TAXES
| Parcel Number | 17-09-127-019-0000 | Improvements Assessment | £240,995 |
| Land Assessment | £234,735 | Total Assessment | £475,730 |
PROPERTY TAXES
Parcel Number
17-09-127-019-0000
Land Assessment
£234,735
Improvements Assessment
£240,995
Total Assessment
£475,730
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Bruce Heller - Coldwell Banker Commercial Realty
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Coldwell Banker Commercial Realty
434 W Ontario St
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