Skip To Content

1640 S State Street

Chicago, IL 60616
  • $2,650,000
  • STATUS: Active
  • ON SITE: 413 Days
  • MLS #: 11739914
$2,650,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1955
County:
Area:

School Ratings & Info

Description

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.

Monthly Payment Calculator



© 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 2025-02-11T23:58:27.23 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
www.suburbanliferealty.com/homes/146234084
Print Image

1640 S State Street Chicago, IL 60616

  • Price: $2,650,000
  • Status: Active
  • On Site: 413 Days
  • MLS #: 11739914
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1955
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
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.
Interior Features

Cooling Central Air Heat Ventilation Other Number Of TLDocks 0

Property Features

Additional Parcels YN Yes Building Area Total 13531 Electric Circuit Breakers Fire Protection Other Leasable Area 0 Mls Actual Status Active Net Operating Income 0 Property Offered For Sale Only Property Sub Type Other Tax Annual Amount 102259 Tax Year 2023 Tenant Pays Varies by Tenant Type Retail/Stores

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Millennium Properties RE, Inc.: 312-338-3000.


© 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 2025-02-11T23:58:27.23 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
 
https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_11739914-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_11739914-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_11739914-1.jpg
Logo
Suburban Life Realty
350 Sundown Rd.
South Elgin IL, 60177