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Listing provided courtesy of Real Broker LLCMREDas Distributed by MLSGrid- MLS# 12136139MLS Provider

175 W Washington StreetChicago, IL 60602

Commercial · 30,629 Sq. ft.
$4,840,000 Active

175 W Washington Street Overview

Time on Site:
678 days
Visits:
9

Welcome to 175 W. Washington St in the heart of Chicago's Central Loop district. This three-story building has 22,820 sf. of office and retail space with 7585 sf on the first two floors, a mezzanine area of 5200 sf, and 2450 sf on the third floor. An addt'l 7809 sf in the basement. Desirable investment due to it's attractive location and it's Orange-tag designation by the Chicago Landmarks Association. Prime location near City Hall, El and Metra stations, restaurants, and so much more.

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175 W Washington Street Facts & Features

  • Type Commercial
  • Sq. ft. 30,629
  • Price/Sq.ft. $158

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Existing Lease Type: N/A
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Net Operating Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 1933

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Loop

Rent/Lease Information

  • Tenant Pays: Varies by Tenant

Tax Information

  • Tax Annual Amount: $226,404.00
  • Tax Year: 2023

General Information

  • New Construction: No
  • Parcel Number: 17094570060000
  • Property Sub Type: Other
  • Property Type: Commercial Sale
  • Zoning: OFFIC

Interior

Building Interior

  • Building Area Total: 30629

General Information

  • Cooling: Central Air
  • Electric: Other
  • Leasable Area: 0
  • Stories: 3

Unit Information

  • Unit SqFt.: 22820

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Dimensions: 40X235
  • Lot Size Square Feet: 9200

175 W Washington Street Neighborhood

Community

60602 (Chicago) Demographics

34
Median Age
18,333
Population Density (per sq. mile)
94%
College Educated
$226,276
Estimated Median Income
437
Estimated Total Home Owners
540
Estimated Total Renters
45% / 55%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

175 W Washington Street Monthly Cost

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$
$
Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

175 W Washington Street Market Data

Based on the last 30 days in this zip code

$612,082
Average List Price
$441
Average Price per Square Foot
4
Properties Sold
71
Average Days on Market
17
Properties for Sale
Calculations provided by Reliance Network

175 W Washington Street History

Date Event Value Agent
8/25/2024Source: MRED Status Change
Active
8/20/2024Source: MRED Added to Database
August 20, 2024