73 W Monroe St - Office FOR SALE
Chicago, IL 60603 |
73 W Monroe St
Chicago, IL 60603
HIGHLIGHTS
- An eye-catching, five-story office in the heart of the highly sought-after Chicago Loop, partially leased by long-term tenant, Expansive, in Illinois.
- Along one of The Loop’s main thoroughfares with excellent visibility from Monroe and the Clark/Monroe intersection in front of about 20,000 VPD.
- Opportunity includes the ability to terminate Expansive's lease, enabling an investor to relet the space at increasing rents.
- Located in a highly walkable area, 0.1 miles from Bus Routes 20 and 22, 1.5 blocks from the CTA Red Line, and 0.5 blocks from the CTA Blue Line.
- Surrounded by excellent demographics, including 101,700 residents within a mile radius with an average household income of $152,788.
- 73 W Monroe St is within walking distance of national retailers, including Walgreens, Starbucks, McDonald’s, Noodles & Co., and Potbelly.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Cash-Flowing Chicago Loop Office Investment
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
53000
STORIES
5
BUILDING CLASS
B
YEAR BUILT
1900
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
0.2 AC AC
LAND SF
8,597 SF
ZONING
-
APN/PARCEL ID
17-16-212-007-0000
