Chicago, IL 60616
$585,000 sold price
Mark Quesada
Broker / Owner
LIC #475144827
Rarely available, street-level commercial condominium in the heart of Chicago's vibrant South Loop! Just minutes from McCormick Place, major residential towers, and exciting new developments, this versatile space offers outstanding visibility and limitless potential for a wide range of businesses. Currently built out as a professional Title Company/Attorney real estate office, the space features private offices, conference rooms, a kitchenette and two bathrooms. Recent updates include new lighting, hardwood flooring, fresh paint, and HVAC (2025). Previously utilized as a spa, the property's flexible zoning allows for nearly all business types-making it ideal for a coffee shop, restaurant, retail storefront, professional office, or service business. Income-Producing Investment Opportunity: Strong lease in place at $5,100/month through June 2026, Immediate cash flow with future owner-user potential, Prime location with steady pedestrian and vehicle traffic. With its unbeatable location, modern build-out, and solid lease income, this South Loop commercial condo offers both immediate returns and long-term flexibility-a smart move for investors or entrepreneurs looking to establish a presence in one of Chicago's most dynamic neighborhoods.
$387,500
Median sale price
34 days
Avg days on market
100.1% of list
Sells for
Closed sales in 60616 over the last 6 months, all home types.
History reflects records reported to the MLS and may be incomplete.
Interior
Construction
Lot & parking
Utilities
Listed by Jeanne Keating, Compass
Actual closed sales from the MLS — not estimates.
