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- LoopNet Team
50 E 16th St
Chicago, IL 60616
The Guild-Commercial Store Front For Sale · Multifamily Property For Sale · 2 Units

INVESTMENT HIGHLIGHTS
- Approximately 8,000 SF of space with 157 ft of frontage on Wabash.
EXECUTIVE SUMMARY
Wow!!! Fabulous South Loop commercial occupied condo/store front for sale with long term successful tenant***The one and only "URBAN PAWS" in the space or opportunity to open YOUR BUSINESS!!!*** Turn key investment opportunity where tenant pays everything (triple net lease) and new owner could just collect the rent/generate great annual income! Since one of the owners of the property is owner the business "URBAN PAWS" they can relocate and you could have a PRIME LOCATION FOR YOUR BUSINESS so this is just the option if you need the space for your use!!!! This is very desirable Ground floor of a 176 unit luxury residential condo building - The Guild. Approximately 8,000 SF of space with 157 ft of frontage on Wabash. Amazing corner location with HIGH TRAFFIC AND VISIBLE AREA!!! Very rare opportunity to acquire a large block of ground floor commercial space in Chicago's HOT SOUTH LOOP!!! Multiple entrances would allow an investor to sub-divide the space to multiple tenants in the far future if needed! Indoor parking spaces available for purchase as well. Located in the heart of Chicago's South Loop directly on the corner of 16th and Wabash, steps to Columbia College, near retail shops, restaurants, Mariano's, Soldier Field/Field Museum, Lakefront, Fred Anderson Dog Park.Near McCormick Place Convention Center and other neighborhood amenities. Easy access to public transportation RED LINE, Roosevelt CTA AND BUSES. Easy street parking! Don't disturb the tenant with any questions-call/text listing agent for more info or private tour.
PROPERTY FACTS
No. Units | 2 | Building Size | 379,132 SF |
Property Type | Multifamily | Average Occupancy | 100% |
Property Subtype | Apartment | Number of Floors | 13 |
Apartment Style | Mid-Rise | Year Built | 2008 |
Building Class | A | Level Access Doors | 2 |
Lot Size | 0.72 AC |
No. Units | 2 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Mid-Rise |
Building Class | A |
Lot Size | 0.72 AC |
Building Size | 379,132 SF |
Average Occupancy | 100% |
Number of Floors | 13 |
Year Built | 2008 |
Level Access Doors | 2 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Kitchen
- Wooden Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Freezer
- Island Kitchen
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Courtyard
- Fitness Centre
- Doorman
- Gas Range
- On-Site Retail
- Lift
ZONING
Zoning Code | DX-7 (Downtown Mixed-Use District) |
DX-7 (Downtown Mixed-Use District) |
Listing ID: 24490249
Date on Market: 15/11/2021
Last Updated:
Address: 50 E 16th St, Chicago, IL 60616
The South Loop Multifamily Property at 50 E 16th St, Chicago, IL 60616 is no longer being advertised on LoopNet.co.uk. Contact the broker for information on availability.
