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1845 S State Street

Chicago, IL 60616
  • $289,000
  • STATUS: Active
  • ON SITE: 101 Days
  • MLS #: 12222767
Price Reduced
$289,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2014
County:
Area:

School Ratings & Info

Description

2014 Built Ground Floor Commercial Retail Space in High Traffic and Visibility on State Street & Archer Avenue with Heavy Traffic. Newer Building with Newer HVAC Systems with Energy-Efficient Lighting. The Recent Tenant Renovated the Space with Modern Finishes for a Luxurious Massage Spa that Offers a Serene Retreat From the Bustling City. The Reception Area has a Cool Vibe and three Perfect-Sized Private Treatment Rooms that are Designed for Couples or Individuals. Pick up this Almost Turnkey Business or Bring Your Client's Entrepreneurial Dreams to Life, Endless Possibilities Await in this Versatile Commercial Space, Perfect for Any Business Your Client Can Imagine - From a Boutique Retail Shop to Studio to a Wellness Center or Professional Office. This Retail Space Located in the South Loop / McCormick Place District is Home to 3 New Hotels, Over a Dozen New Restaurants & Shops, Steps Away From Chicago's Chinatown Square, Minutes from Downtown and More.

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© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-03-18T21:03:29.33 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1845 S State Street Chicago, IL 60616

  • Price: $289,000
  • Status: Active
  • On Site: 101 Days
  • MLS #: 12222767
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2014
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
2014 Built Ground Floor Commercial Retail Space in High Traffic and Visibility on State Street & Archer Avenue with Heavy Traffic. Newer Building with Newer HVAC Systems with Energy-Efficient Lighting. The Recent Tenant Renovated the Space with Modern Finishes for a Luxurious Massage Spa that Offers a Serene Retreat From the Bustling City. The Reception Area has a Cool Vibe and three Perfect-Sized Private Treatment Rooms that are Designed for Couples or Individuals. Pick up this Almost Turnkey Business or Bring Your Client's Entrepreneurial Dreams to Life, Endless Possibilities Await in this Versatile Commercial Space, Perfect for Any Business Your Client Can Imagine - From a Boutique Retail Shop to Studio to a Wellness Center or Professional Office. This Retail Space Located in the South Loop / McCormick Place District is Home to 3 New Hotels, Over a Dozen New Restaurants & Shops, Steps Away From Chicago's Chinatown Square, Minutes from Downtown and More.
Interior Features

Cooling Central Air Heat Ventilation Forced AirGas Number Of TLDocks 0

Property Features

Additional Parcels YN No Building Area Total 21000 Electric Circuit Breakers Fire Protection Alarm Monitored Gross Income 3000 Gross Scheduled Income 42000 Leasable Area 1100 Mls Actual Status Active Net Operating Income 28545 Operating Expense 14500 Property Offered For Sale or Rent Property Sub Type Other Rental Price 32.72 Tax Annual Amount 13117 Tax Year 2023 Tenant Pays Air ConditioningElectricityHeat Total Monthly Income 3500 Type Retail/Stores Zoning COMMR

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Coldwell Banker Realty: 773-451-1200.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-03-18T21:03:29.33 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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7300 S Cottage Grove Ave Suite B
Chicago IL, 60619-1910