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Patrick J Caruso Property Listings
President & CEO
L.J. Sheridan & Co.
940 W Adams St
Suite 400
Chicago, IL 60607
(312) 738-9501
(312) 421-7698
PJCaruso@ljsheridan.com
www.ljsheridan.com
Patrick J. Caruso
President & CEO
Patrick J. Caruso began his real estate career working for father-in-law Donald Sheridan in 1973. In the past four...
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Patrick J. Caruso
President & CEO
Patrick J. Caruso began his real estate career working for father-in-law Donald Sheridan in 1973. In the past four decades, Pat has become an expert in the many facets of Commercial Real Estate, with an emphasis on product representation for L.J. Sheridan clients. As a result, he’s led several successful multi-million dollar repositioning programs, such as 30 N. LaSalle Street and 444 N. Michigan Avenue in downtown Chicago.
Pat’s career also includes representation of several corporate leaders. For example, he’s led McDonald’s Corporation, Arthur J. Gallagher & Co. and Citibank in their pursuit of purchase and lease space throughout the United States.
Pat guides L.J. Sheridan & Company on a daily basis. Drawing on his extensive background in development, property management and client representation, Pat has earned a reputation for creating added value for the company’s partners and clients.
Another strong believer in supporting the industry and community, Pat has served with distinction as President of the Building Owners and Managers Association from 1995 – 1998. Additionally, he proudly serves on the Executive Board of Catholic Charities of the Archdiocese of Chicago. He and wife Patricia have five children.
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310 S Racine Avenue - Helix Bldg
SWC Jackson & Racine
Chicago, IL 60607-2841 - River West Submarket
Marketing Flyer
(212.6 KB)
Property Type:
Office
Sub Type:
-
Status:
Existing , Renov 1985
Year Built:
1910
Stories:
8
Typical Floor:
22,125 SF
Building Size:
177,000 SF
% Leased:
For Sale Price:
$11,700,000
Price/SF:
$66.10
Cap Rate:
-
Smallest Space:
5,000 SF
Largest Space:
76,375 SF
Total Space Avail:
115,309 SF
Rent/SF/Yr:
$9.00 - $22.00
Parking:
104 Surface spaces are available; Ratio of .59/1,000 SF
Amenities:
Conferencing Facility, Property Manager on Site
An 8 story 177,000 sq. ft. Building (Zoned C2-5) situated on 49,121 sq. ft. of Land with an auxiliary 12,000 sq. ft. parking lot (Zoned M1-3) on Jackson with parking for 104 cars.
Close proximity to Chicago’s Business District, The University of Illinois Chicago Campus and The Illinois Medical District. One block from the Eisenhower Expressway and the Blue line Elevated train.
Built in 1910 (North Section) with an 8th floor added in 1985 and 1916 (South section) Complete Building renovation in 1984. 49,121 sq. ft. Land Main Parcel (Zoned C2-5 F.A.R. 5) with adjacent Parking (25,000 sq. ft.) for 67 cars. Located in an Enterprise zone. 12,000 sq. ft. Auxiliary parking on Jackson (Zoned M1-3 F.A.R. 3) with parking for 37 cars. Located in a T.I.F. District. Concrete Foundation/columns with a floor load of 150 lbs. Bays 18’ x 20’ North 17’ x 18’ South. Ceiling Heights of 14’ on first floor and 11” on upper floors. Fully sprinklered (wet system). Gas fired Hot water boilers (2). Central Air conditioning. Electrical service 800 and 1200 amp. Passenger Elevator (1) + 2 freight elevators 12,000 lbs/ 6,000 lbs.
Sale Notes:
Price Reduced!
A Unique Retail, Office, Residential Or Medical opportunity. 177,000 sq. ft. of Office space on 49,121 sq. ft. land + 12K parking lot. Exclusive West Loop offering for $12M.
Building footprint is 24k sf with an adjacent 25K parking lot. Another 12K parking lot is located across the street for a total of 37k in parking lots. Together they park 104 cars.
CLICK HERE TO CONTACT THE SALES BROKER
S
FOR SALE CONTACTS
L.J. Sheridan & Co.
Patrick J Caruso
(312) 738-9501
View all my listings
Miraya A Vlacho
(312) 738-9502
View all my listings
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