75 W Harrison St - Parking Lots & Garages FOR SALE


Chicago, IL 60605- South Loop
$3,350,000 USD
630-640-1001
75 W Harrison St, Chicago, IL for Sale
$3,350,000 USD
Parking Lots & Garages - FOR SALE
1/7
null | Request Cap Rate

75 W Harrison St
Chicago, IL 60605
South Loop


HIGHLIGHTS

  • Heavily Trafficked & Densely Located
  • Minimal Utility Costs
  • 134 Stalls | Self-Park w/ Valet Assist
  • 220 Stalls | Fully Loaded Valet
  • Over 4,500 Residential Units Nearby, Including 355 Units Overhead
  • US Passport Agency & Immigration Office Across the Street

OVERVIEW

The 220-stall underground parking garage is situated beneath a mixed-use development known as Printers Square in the South Loop neighborhood. It provides convenient parking access to nearby residential, commercial, and entertainment destinations. It features a prime location along the major thoroughfare of W Harrison Street with easy access throughout the neighborhood. The garage is well-lit and features building-paid heating, electric, and exhaust. The garage is under a 99-year lease and has minimal utility costs associated. The building provides the heating, lighting, trash and also maintains the elevators & access points into the garage. The garage maintains the ticketing & payment machines, along with the ingress & egress garage doors at the base of the ramp to/from Harrison Street.

FOR SALE DETAILS

PRICE

$3,350,000 USD

PRICE/SF

$36 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Printers Square Garage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Parking Lots & Garages

ADD'L SUBTYPES

Parking Lot

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1913

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.16 AC

LAND SF

94,000 SF

ZONING

DX-12, Chicago

APN/PARCEL ID

17-16-405-045-0000

ASK ABOUT THIS PROPERTY

Paul CawthonSVN | Chicago CommercialMore Info
630-640-1001

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Paul CawthonSVN | Chicago CommercialMore Info
630-640-1001

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