6,867 sq ft
Commercial: Retail/Stores - MLS# 12492018
Tools & Resources:
Description
Discover a one-of-a-kind, free-standing building in the heart of Chicago's vibrant Pilsen neighborhood. Formerly a gallery, this expansive space offers soaring ceilings, an open layout, and a unique blend of character and functionality. With B2-2 zoning, it is ideal for a boutique, creative studio, showroom, retail, or office space. The first floor features a gallery-style entrance leading to a massive 2,500 SF open area, providing endless possibilities. The second floor includes a private office and a recently renovated full bathroom. Additionally, the attic is not your typical storage space-it boasts ample standing room and can serve various needs. The property also includes a fully equipped kitchen and three bathrooms, one with two stalls, ensuring convenience for staff and visitors. Parking is a rare luxury in the city, and this property has three outdoor spaces and two garage spaces, currently used for storage. Whether you're looking to establish a creative hub, retail concept, or office space, this stunning property offers unmatched flexibility in a thriving community. Don't miss this rare opportunity-schedule a tour today! The whole building is rented thru 7/31/2026.
Features
- Property Type: Commercial
- Sub Type: Retail/Stores
- Listing Status: Active Under Contract
- County/Area: Cook County
- Zip Code: 60608
- Year Built: 1874
- Sq.Ft.: 6,867 sq ft
- Stories: 3
- Units: 1 unit
- Zoning: COMMR
- # Of Drive In Doors: 1
- # Of Tenants: 1
- Additional Parcels: Yes
- Building Area Total: 6867
- Construction Materials: Brick
- Cooling: Central Air
- Directions: located on 16th Street and Morgan
- Docks: Exterior
- Electric: Circuit Breakers
- Expense Year: 2025
- Gross Income: 8000
- Gross Scheduled Income: 96000
- Heat/Ventilation: Gas
- Indoor Parking: 1-5 Spaces
- Information: List Broker Must Accompany
- Insurance Expense: 11556
- Insurance Expense Source: Actual
- Investment (Y/N): Yes
- Known Encumbrances: None Known
- Leasable Area Units: Square Feet
- Location: Central Business District, Corner, Public Transport Avail, Free Standing/Urban, In City Limits
- Main Type: Commercial Sale
- Misc Inside: Basement
- Operating Expense: 8444
- Outdoor Parking: 1-5 Spaces
- Property Offered: For Sale Only
- Roof Structure: Flat
- Tax Annual Amount: 8444.73
- Tax Year: 2023
- Total Monthly Income: 8000
- Township: South Chicago
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