Property for Sale: 1640 S State, Chicago, IL 60616
$2,650,000
$2,650,000
1640 S State,
Chicago, IL 60616
$2,650,000
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Price:
$2,650,000
$450,000 - 06/14/2024
Est. payment: Skip to Mortgage Calculator
Type Commercial
Year Built 1955
City Chicago
County Cook
MLS 11739914
Status Active
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.
Lot & Building Features
Cooling Central Air
Tax Year 2023
Lot Dimensions 15256 ft
Price History of 1640 State, Chicago, IL
| Date | Name | Price | Difference |
|---|---|---|---|
| 06/14/2024 | Price Adjustment | $2,650,000 | 14.52% |
| 12/31/1969 | Listing Price | $3,100,000 | N/A |
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed. |
Listed by Millennium Properties RE, Inc., Susan Silver & Daniel Hyman
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1640 State (MLS #11739914) is a commercial listing located in Chicago, IL. This property was listed on 12/26/2023 and has been priced for sale at $2,650,000.
 Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information courtesy of: Millennium Properties RE, Inc. |