2037 S Indiana AVE, Chicago, IL 60616
Listed by Jeanne Keatingof Compass
Bought with Jeanne Keating of Compass
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-
Est. payment /mo
130,000 SqFt

UPDATED:

Key Details

Sold Price -

Property Type Commercial

Sub Type Retail/Stores

Listing Status Sold

Purchase Type For Sale

Square Footage 130,000 sqft

MLS Listing ID 12471618

Sold Date 08/27/26

Year Built 2007

Annual Tax Amount $17,982

Tax Year 2023

Lot Dimensions 113 X 90

Property Sub-Type Retail/Stores

Property Description

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.

Location

State IL

County Cook

Zoning RTAIL

Interior

Cooling Central Air

Flooring Wood

Fireplace N

Exterior

Utilities Available Electric to Site, Natural Gas Available, Sewer Connected

View Y/N true

Building

Foundation Concrete Perimeter

Water Municipal Water

Structure Type Brick,Concrete,Block


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Doug Anderson

Doug Anderson

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