112 S Sangamon St Second Floor, Chicago, IL 60607
Address: 112 S Sangamon St, Chicago, IL 60607 |
Square Footage: 6,250
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EST $ 11,458.33 / Mo |
EST $137,499.96 / Yr |
$22.00 / Sq / Mo |
$264.00 / Sq / Yr |
Property Description
The West Loop/Fulton Market is Chicago’s former warehouse district and is among the most rapidly developing neighborhoods in the country and recently ranked by TimeOut as one of the top 20 coolest neighborhoods in the world. Originally a mix of factories, meat markets, and wholesale produce outlets, the neighborhood has seen a major demographic shift over the last decade. The historic brick and timber loft buildings that define the neighborhood have largely been converted to other uses, including a mix of luxury condos, creative offices, art galleries, critically acclaimed restaurants, hotels, and retail boutiques. The area has evolved into a must-see destination for locals and visitors who want to eat well. With new restaurant concepts opening on almost a weekly basis, the area boasts everything from Michelin Star-rated Blackbird, Elske, Roister, Oriole, Smyth & The Loyalist and Sepia restaurants to more casual options like Green Street Smoked Meats, Shake Shack, Sweetgreen, Parlor Pizza, Federales, Nando’s and Roti. Other well-known dining options include Girl and the Goat, Little Goat, Monteverde, Beatrix, Swift and Sons, Au Cheval, Lena Brava, Aviary, Momotaro, City Winery, Publican and Avec. The neighborhood’s international reputation continues to grow with the expansion of Google’s Midwest headquarters, and the opening of McDonald’s Global headquarters, Soho House hotel, Nobu Restaurant and hotel, Hoxton hotel, the We Work co-working building, Punch Bowl Social and The Emily Hotel. Other companies calling the West Loop home include Uber, Ernst & Young, WPP, LinkedIn and Twitter. High-end retailers are also recognizing the area’s potential with the recent additions of Anthropologie, Free People, Billy Reid, Aesop and Blue Mercury. Excellent public transportation options including Metra train access at Ogilvie and Union Station combined with one of the city’s newest CTA stations with an annual ridership of almost 1 million passengers yearly. The Morgan and Lake station will continue to attract businesses and residents alike, making the West Loop one of Chicago’s most exciting and desirable neighborhoods.The SVN Chicago Commercial Urban Team is exclusively presenting the sale of 112 S Sangamon Street, an ideal West Loop/ Fulton Market location providing a rare opportunity to accommodate a company with a need for up to 6,250 SF of contiguous space at a price point well below other options in the West Loop / Fulton Market area. The site benefits from its immediate vicinity to West Loop and Fulton Market. The four-story property sits on a ~6,888 SF lot and is directly across from Mary Bartleme Park. Walking distance to restaurants, shops, hotels, CTA blue, pink and green lines and a stone’s throw from UIC, the Illinois Medical District and Central Business District. Ideal property for an owner / user or investor looking to join the most in-demand neighborhood in Chicago at an affordable price point. Property is Broker-Owned.Premier loft office spaces located across from Mary Bartelme Park. In addition, the property has easy access to 90/94 and 290 expressways with parking available nearby. Space is steps to Greektown, Mariano”s, and Whole Foods. Property is broker-owned.
Building Details
Property Type:
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Medical
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Subtype
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Medical Office
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Tenancy
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Year Bulit
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