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1348 W Concord Place

Chicago, IL 60622
  • $2,995,000
  • STATUS: Active
  • ON SITE: 385 Days
  • MLS #: 12207823
UPDATED: 33 min ago
$2,995,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1888
County:
Area:

School Ratings & Info

Description

A versatile 3 story office building with 17,250 square feet that has been completely built out. The building consists of reception area's, private offices, open concept work area's, conference rooms, built-out webinar rooms, kitchenette and breakroom/eating area's. An owner user has income in place to off-set expenses or, with the large spectrum of permitted uses, this can be a value add opportunity for an investor. Multi-tenant potential with separate HVAC, gas and electric for each floor, fire sprinklers, generator, freight / passenger elevator, and so much more. Full list of FF&E, survey and floor plans available upon request. Rental income is proforma...second and third floor currently vacant.

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© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Suburban Life Realty. Based on information submitted to the MRED as of 2025-12-05T00:00:51.49 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1348 W Concord Place Chicago, IL 60622

  • Price: $2,995,000
  • Status: Active
  • On Site: 385 Days
  • Updated: 33 min ago
  • MLS #: 12207823
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1888
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
A versatile 3 story office building with 17,250 square feet that has been completely built out. The building consists of reception area's, private offices, open concept work area's, conference rooms, built-out webinar rooms, kitchenette and breakroom/eating area's. An owner user has income in place to off-set expenses or, with the large spectrum of permitted uses, this can be a value add opportunity for an investor. Multi-tenant potential with separate HVAC, gas and electric for each floor, fire sprinklers, generator, freight / passenger elevator, and so much more. Full list of FF&E, survey and floor plans available upon request. Rental income is proforma...second and third floor currently vacant.
Exterior Features

Foundation Details Concrete Perimeter Roof Structure Flat

Interior Features

Cooling Central Air Flooring CarpetConcreteTile Heat Ventilation Forced AirGas Miscellaneous Inside Employee KitchenElevator/s FreightElevator/s PassengerAccessible EntranceAccessible Washroom/sMulti-TenantPre-wired PC NetworkFurnished Units Available Number Of TLDocks 0

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 17250 Built Before1978 YN Yes Current Use CommercialOffice Electric Circuit BreakersSeparate MetersHeavy Power 1200+ AmpsThree Phase Fire Protection Sprinklers Geographic Locale Chicago West Gross Income 428281 Gross Scheduled Income 299148 Leasable Area 11500 Mls Actual Status Active Net Operating Income 289411 Number Of Tenants 1 Operating Expense 138870 Ownership Types Limited Liability Corp Property Offered For Sale Only Tax Annual Amount 89000 Tax Year 2023 Tenant Pays Air ConditioningElectricityHeatTaxesRepairsScavengerSewerVaries by Tenant Township West Chicago Type Office/Tech Utilities Electricity AvailableNatural Gas Available Zoning MANUF

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of @properties Christie?s International Real Estate: 847-692-5522.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Suburban Life Realty. Based on information submitted to the MRED as of 2025-12-05T00:00:51.49 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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