708-903-4660
1308 W 105th St, Chicago, IL for Sale
Office - FOR SALE
1/1
null | Request Cap Rate

1308 W 105th St
Chicago, IL 60643
Washington Heights


HIGHLIGHTS

  • Fully leased to the State of Illinois since 1987
  • Secure gated parking with direct CTA access
  • New HVAC and LED lighting upgrades
  • Blocks from Metra and I-57 interchange
  • Zoned M2-2 Light Industry for flexible use
  • Surrounded by schools, retail, and healthcare

OVERVIEW

Positioned in Chicago’s Washington Heights neighborhood, 1308-1310 W. 105th Street presents a rare opportunity to acquire a fully leased, government-occupied office asset with enduring tenancy. This three-story, 18,759-square-foot building sits on nearly one acre and is zoned M2-2 Light Industry, offering flexibility for future repositioning or continued office use. The property has been leased to the State of Illinois since 1987, providing a stable income stream and long-term reliability. Recent capital improvements include a new low-pressure steam boiler, upgraded HVAC on the second floor’s north wing, and LED lighting throughout, enhancing operational efficiency and tenant comfort. The building features secure gated parking and is steps from a CTA bus stop on Vincennes Avenue, with close proximity to I-57 and the 103rd Street–Washington Heights Metra Station, ensuring excellent regional connectivity. Surrounded by educational institutions, healthcare providers, and national retailers such as CVS and Subway, the property benefits from strong community infrastructure and visibility. Its location within a mature urban corridor supports both public and private sector demand, making it an ideal investment for buyers seeking stable cash flow and long-term upside.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1951

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,547 SF

ZONING

M2-2

APN/PARCEL ID

25-17-109-021-0000

ASK ABOUT THIS PROPERTY

Carole CaveneyLee & AssociatesMore Info
708-903-4660

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Carole CaveneyLee & AssociatesMore Info
708-903-4660

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.