Active
1640 S State Street
Chicago IL, 60616
$2,650,000
$195.85 per sqft
Active
13,531 sqft
Commercial
Built in 1955
Courtesy of Millennium Properties RE, Inc.
Subject property is a 13,531 square foot commercial property located at the corner of 16th and State Streets in the South Loop neighborhood. This single-tenant , single-story industrial property is leased to Fleet Distributors, Inc. The tenant is currently on a month-to-month lease and has occupied the building since January 2001. There is the potential to develop this site with the parcel located at 1639-1701 South State Street. Positioned amidst a dense commercial area within the heart of downtown Chicago, this property is in close proximity to The Loop, Michigan Avenue shops and restaurants, Jewel-Osco, Whole Foods, Target and Trader Joe's. Landmarks such as Grant Park, Soldier Field, The Art Institute of Chicago, several schools and museums are nearby. Easy accessibility to CTA Red, Orange and Green lines and expressways I90/94/290/55.
11739914
MLSⓇ ID
March 17, 2023
Listed
November 25, 2024
Updated
Map
1640 S State Street
Chicago IL, 60616
Interior Features
Total Stories
1
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Lot Size
0.35 Acres
Other Property Details
Area Name
CHI - Near South Side
Taxes
$102,259
Tax Frequency
Annually
Days on Market
575
Garage
No
View
No
County
Cook
Pool
No
Listing History
Date | Event | Price |
---|---|---|
6/14/2024 | Price change | $2,650,000 -15% |
Courtesy of Millennium Properties RE, Inc., Susan Silver,
Listing Contact: 312-338-3000
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Data last updated 4:34 PM UTC, 11/25/2024