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Parking Garage & Timber Loft Sale

2 Properties in Chicago, IL

Executive Summary

Multi-level parking garage located at the SWC of Clark Street and Harrison Street in Chicago's South Loop. The garage features 175 parking spaces over four (4) levels, with entrances and exits along both Clark Street and Harrison Street. Additionally, the site is conveniently located just a few blocks east of the Ida B. Wells feeder ramp, one of the main access points to Downtown Chicago, and just steps from the LaSalle Street Metra Station. Located at the southwest corner of Clark Street and Harrison Street, the building is part of the western edge of the vibrant Printers Row neighborhood, featuring dozens of residential loft buildings and a multitude of restaurants and service oriented tenants. Park One operates the garage under a management agreement on a MTM basis.
Timber Loft Office Building in Chicago's South Loop, located just steps from the LaSalle Street Metra Station and a few blocks east of the Ida B. Wells feeder ramps, one of the main access points to downtown Chicago. Located at the southeast corner of LaSalle and Harrison Street, the building is part of the western edge of the vibrant Printers Row neighborhood, featuring dozens of residential loft buildings and a multitude of restaurants and service oriented tenants. The building consists of approximately 69,000 SF over seven (7) stories. Currently, the building is 32% leased, and presents a value-add opportunity via lease-up / stabilization or potential to convert to multi-family given the location within the South Loop and convenient access to public transit.

Property Facts

Sale Conditions Development Sale
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 2
Total Building Size 129,054 SF
Total Land Area 0.89 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
601 S LaSalle St, Chicago, IL 60605 Office 69,170 SF 1912 -
600 S Clark St, Chicago, IL 60605 Speciality 59,884 SF 1961 -
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  • Listing ID: 32168443

  • Date on Market: 18/06/2024

  • Last Updated:

  • Address: Parking Garage & Timber Loft Sale, Chicago, IL

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