1640 South State Street, Chicago, IL

$3,100,000

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About 1640 South State Street

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.

Features of 1640 South State Street

MLS® # 11739914
Price $3,100,000
Bathrooms 0.00
Acres 0.00
Year Built 1955
Type Commercial Sale
Sub-Type Retail/Stores
Status Active

Community Information

Address 1640 South State Street
Area CHI - Near South Side
City Chicago
County Cook
State IL
Zip Code 60616

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Has Basement No

Additional Information

Days on Market 409
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMillennium Properties RE, Inc.

Listing Map