Property Description
Discover a rare opportunity to own a fully renovated, high- end first floor office condominium spanning 7,285 rentable square feet in the vibrant heart of Humboldt Park and Ukrainian Village. This modern, move-in-ready workspace-recently transformed with over $200,000 in infrastructure and interior upgrades-delivers a sophisticated, efficient environment ideal for an owner-occupant establishing a prominent Chicago presence or an investor seeking a premium asset in one of the city's fastest-evolving corridors.Originally built in 1951, the space now features a highly functional, flexible layout tailored to diverse professional uses, including creative firms, tech companies, consulting groups, professional services, or medical practices. Highlights include 45 workstations, 8 private offices, 2 conference rooms, a welcoming reception area, expansive open meeting zones with soft seating, a generous kitchen/break room, 3 restrooms (including ADA-compliant options), and additional support spaces such as storage and mechanical areas. Furniture is INCLUDED in purchase price, and the unit offers 5 dedicated parking spaces plus abundant street parking. Strategically located along Grand Avenue, the property provides excellent accessibility via nearby CTA Blue Line stations (Western and Kedzie), Metra stations, and multiple bus routes, with convenient proximity to retail, dining, and neighborhood amenities. This exclusive ownership opportunity combines modern finishes, strong infrastructure, and prime positioning in a dynamic, up-and-coming neighborhood.
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Property Details
Property Type
Office/Retail Condo
Year Built
1951
Year Renovated
2025
Current Cap-Rate
Pro Forma Cap-Rate
Property Highlights
Large 7,285 SF work space with a flexible layout offering 45 workstations, 8 private offices, 2 conference rooms, a welcoming reception area, expansive open meeting zones with soft seating, a generous kitchen/break room, and 3 restrooms (including ADA-compliant options)
Minimal CapEx required due to recent $200,000 renovation addressing infrastructure and interior upgrades.
Interior features: Air Conditioning, Common Lunchroom/s, Common Meeting Room/s, Employee Kitchen, Accessible Entrance, Overhead Door/s, Storage Inside
Potential Uses: Retail, Special Use, Divisible, Warehouse, Financial Services, Law Firm, Office/Medical, Office/Retail
Furniture included in sale




