Auction: Loop Commercial Condo with Potential as Office or Retail
Sold
182 W. Lake St., 2nd Floor
Chicago, IL 60601
8,006 SF
Commercial Condo
The Details
Bankruptcy Court Orders Sale
- 8,006 SF commercial condo
- Built-out as office with reception, 14 private offices, conference room, cubicle area and kitchen
- Convenient location at Wells/Lake
- Landmark building listed on National Register of Historic Places
- Upper floors are residential condos
- Potential visibility from 5 El lines
- Zoning: PD 659
- CAM: $10,274/mo., includes heat, electric, water, and snow removal
- Taxes (2015): $66,799
- Sold Absolute, No Hidden Reserve!
Property Tours available 1/18 from 10:00 - 12:00 and 1/24 from 11:00 - 1:00
* Minimum bid shown does not include the 6.0% Buyer's Premium
At the corner of Lake and Wells, this 8,006 square foot commercial condo in a historic mixed-use building has potential for either retail or office use. The unit is currently built-out as an office with 14 private offices, a large cubicle area, a conference room and kitchen. On the second floor, the unit has visibility from the five El lines passing the building. This downtown space is a great location for a co-working space, medical office, tech company, law firm, bar/restaurant or retailer.
Chicago’s Central Loop submarket is a very desirable location for many businesses due to its proximity to public transportation, government buildings, restaurants and other amenities.