Basic Information

  • MLS # 11739914
  • Type Commercial / Business / Agricultural / Industrial Land
  • Status Active
  • Subdivision/Complex CHI - Near South SideChicago
  • Year Built 1955
  • Total Sqft N/A
  • Date Listed 03/17/2023
  • Days on Market 428
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 Joes. 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 I909429055.

Exterior Features

  • Waterfront No
  • Pool No
  • Parking Spaces 0
  • Parking Description
  • Style Other

Interior Features

  • Adjusted Sqft N/A
  • Cooling Description Central Air
  • Sqft N/A

Property Features

  • Furnished Info No
  • Short Sale Regular Sale
  • Subdivision Complex 1640 State
  • Subdivision Info CHI - Near South SideChicago
  • Tax Amount $37,864
  • Tax Year 2021
  • Type of Property Retail Stores

1640 S State St

Chicago, IL 60616

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