1845 S state Street
Chicago, IL 60616

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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.

Features

• Property Type: Commercial
• Sub Type: Retail/Stores
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60616
• Year Built: 2014
• Sq.Ft.: 21,000 sq ft
• Stories: 4
• Zoning: COMMR
• Building Area Total: 21000
• Cooling: Central Air
• Directions: 18th Street South onto State Street to address
• Electric: Circuit Breakers
• Estimated Cam/Sf: 1.09
• Estimated Tax/Sf: 12
• Expense Year: 2023
• Fire Protection: Alarm Monitored
• Gross Income: 3000
• Gross Scheduled Income: 42000
• Heat/Ventilation: Forced Air, Gas
• Information: Short Notice OK
• Leasable Area: 1100
• Lot Size Square Feet: 2892
• Main Type: Commercial Sale
• Min Avail Sq Ft (Rentable): 1100
• Operating Expense: 14500
• Original Rental Price: 32.72
• Property Offered: For Sale or Rent
• Rental Price: 32.72
• Tax Annual Amount: 13117
• Tax Year: 2023
• Tenant Pays: Air Conditioning, Electricity, Heat
• Total Monthly Income: 3500