Chicago, IL 60616 1640 S State Street
$2,650,000
1 more
Presented By: Millennium Properties RE, Inc.
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
SQFT • 13,531
Home Details
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.
Presented By: Millennium Properties RE, Inc.
Interior Features for 1640 S State Street
Other Interior Features
Street SuffixStreet
General for 1640 S State Street
Additional Parcels Y/NYes
CityChicago
CoolingCentral Air
CountyCook
Days on Market520
DirectionsFrom expressway's exit, following State Street to property at 1640 S. State Street.
ElectricCircuit Breakers
Leasable Area
Lot Size Square Feet15256
MLS AreaCHI - Near South Side
Net Operating Income0
Property SubTypeOther
Property TypeCommercial Sale
Property TypeRetail/Stores
Standard StatusActive
StatusActive
Stories1
Tax Annual Amount37864
Tax Year2021
Tenant PaysVaries by Tenant
Year Built1955
Exterior for 1640 S State Street
Building Area Total13531
Lot Dimensions15256
Additional Details
Price History
