415 W Huron Street
Chicago, IL 60654

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Description

Stunning RIVER NORTH- Desirable Five Story 1915 Heavy Timber Masonry Loft Office with prime DX5 Zoning - TOP FLOOR AVAILABLE - Penthouse Available for Owner Occupancy Opportunity - All Commercial Office Opportunity with Tear Down or Residential Potential- Fully Renovated -Steps to Chicago Brown/Purple Line, Gut Renovated in 2019, Over 28000 SF of Rentable Office Space Including Finished Basement -Tucked in Trendy, Upscale River North on a Tree-Lined Street with Well Established Businesses, Chic Boutiques and Bars and Abundant New Construction, Easy Street or Adjacent City Lot Parking, Seconds to 90/94 on ramp at Ohio, Walk to Trendy River West, Design District, and Major Landmarks Including the Magnificent Mile, Asset Rehabbed from Vacant in 2018, FULL Tear off Roof 2021 - Prepped for Roof Deck! New Copper Plumbing and Fully Upgraded Electric, All Building Sprinkler System/Security/Wifi, Abundant Natural Light, New Elevator, Private Gym, All Levels Have Communal Kitchenettes and Upgraded Public Bathrooms, Six Separate HVAC Systems with Heavy Duty Clean Air Filtration, Immaculate Infrastructure - Taxes contested successfully - Please note building has no dedicated parking lot - paid city lot adjacent.

Features

• Property Type: Commercial
• Sub Type: Office/Tech
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60654
• Year Built: 1915
• Sq.Ft.: 30,000 sq ft
• Stories: 5
• Units: 28 units
• Lot Size: 4356 sq ft lot
• Zoning: COMMR
• # Of Drive In Doors: 1
• # Of TL Docks: 1
• # Of Tenants: 27
• Approximate Age: Older
• Building Area Total: 30000
• Built Before 1978 (Y/N): Yes
• Construction Materials: Brick
• Cooling: Central Air, Central Individual, Zoned
• Directions: Exit 90/94 at E Ohio St, North on Orleans, East on Huron Street just west of Sedgwick
• Docks: Common
• Electric: Circuit Breakers, Over 600 Amps, Power - 240V
• Expense Year: 2025
• Extra Storage Spaces Available (Y/N): Yes
• Fire Protection: Alarm On Site, Sprinklers-Wet
• Flooring: Wood
• Foundation Details: Concrete Perimeter
• Geographic Locale: Downtown Chicago
• Gross Income: 459600
• Gross Rentable Area: 28800
• Gross Scheduled Income: 459600
• Heat/Ventilation: Central Bldg Heat, Central Heat/Indiv Controls
• Investment (Y/N): Yes
• Leasable Area: 28800
• Leasable Area Units: Square Feet
• Location: Mixed Use Area, Public Transport Avail, Free Standing/Urban
• Lot Size Square Feet: 4800
• Main Type: Commercial Sale
• Min Avail Sq Ft (Rentable): 500
• Misc Inside: Common Exercise Room/s, Elevator/s Freight, Elevator/s Passenger, Heavy Floor Load, Overhead Door/s, Private Restroom/s, Public Restroom/s, Storage Inside, Basement, Pre-wired PC Network
• Operating Expense: 213000
• Outdoor Parking: 19-30 Spaces
• Property Offered: For Sale Only
• Roof: Rubber
• Roof Structure: Flat
• Tax Annual Amount: 180000
• Tax Year: 2025
• Tenant Pays: Varies by Tenant
• Total Annual Expense Source: Actual
• Total Monthly Income: 38300
• Township: North Chicago
• Water Drainage: Floor Drains