1725 N Burling St - Loft/Creative Space FOR SALE


Chicago, IL 60614- Lincoln Park
$550,000 USD
312-961-1054
1725 N Burling St, Chicago, IL for Sale
$550,000 USD
Loft/Creative Space - FOR SALE
1/11
null | 5.57% Cap Rate

Sep '25


1725 N Burling St
Chicago, IL 60614
Lincoln Park


HIGHLIGHTS

  • Fully occupied boutique Lincoln Park office building
  • Walking distance from Red/Brown/Purple Line CTA Stations
  • Professionally managed and maintained

OVERVIEW

Essex 312, LLC has been exclusively engaged to market the sale of 1725 N Burling St., a three-story commercial office building in the heart of Lincoln Park neighborhood. This well-equipped and highly functional commercial office building presents a rare opportunity for investors or owner-users seeking a modern, infrastructure-rich office. The property offers a large conference room for meetings, as well as shared workspace and personal desks on both the second and basement levels. Common space includes 2 bathrooms, a kitchen, and ample storage closets throughout. A shared elevator with the condo building next door offers ADA-compliant wheelchair entry from the main lobby, as well as integrated keypad security and a fire annunciator system also connected to the neighboring building for enhanced safety and compliance. The interior offers a professional environment enhanced by radiant floor heating beneath hardwood on the first floor, modern LED recessed and track lighting, and individual HVAC controls on the first and second floor, and an additional split HVAC system for the lower level. Utility infrastructure is robust, featuring a main water shut-off, individual gas and electric meters, and both ejector and sump pumps for wastewater and rain drainage. Technology needs are well accommodated with Cat6 network cabling throughout all levels, a central server setup in the lower level, and a dedicated Comcast cable line that runs from the rear of the building. Shared elements include water and garbage service and building mechanicals tied into the adjacent condo building.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$304 USD /SF

CAP RATE

5.57%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Storefront Retail/Office, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

B1-3

APN/PARCEL ID

14-33-314-094-0000

ASK ABOUT THIS PROPERTY

Michael MastersonEssex 312, LLCMore Info
312-961-1054

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Michael MastersonEssex 312, LLCMore Info
312-961-1054

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