Address
434 W Ontario Street, Chicago, IL
Price
$ 3,750,000
Property Attributes
  • MLS#11733287
  • TypeCommercial
  • CountyCOOK
  • CityChicago
  • AreaCHI - Near North Side
  • Zip60610
  • StyleCommercial,Office
  • Year Built1924
  • Taxes$ 153715
  • Price$ 3,750,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage24810
  • Lot Size4,736 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Four-story, River North, heavy timber loft building. Stable cash flow with long-term tenants or DX-7 zoning provides a rare development opportunity. The building can have an additional two (2) stories added on top which increases the cash flow, or, can be an incredible owner's unit. Current tenants include an excellent Italian restaurant, a dental office, a general office and a former architect's space that is currently available if the purchaser wants to be an owner occupant. Tax appeal in process.

Price History
3/8/2023 Listed $4,499,000
4/25/2023 4% - $4,350,000
4/26/2023 2% - $4,300,000
11/14/2023 13% - $3,750,000

General Features

Cooling Central Individual
Utilities Electric to Site,Gas to Site,Water-Municipal,Water to Site
Possession Closing,Other
Zoning COMMR
Construction Materials Wood Frame
Year Built 1924
Electric Service - 101 to 200 Amps
Tenant Pays Electricity,Operating Stops,Other
Stories 4
Township North Chicago
Tax Year 2021
Current Use Commercial,Office
County Cook
Property Type Commercial Sale
Status Active
Directions Ontario just west of Orleans
City Chicago
Total Units 4
MLS Area CHI - Near North Side
Lot Size Square Feet 4736
Street Name Ontario
Tax Annual Amount 153715
Additional Parcels Y/N No
Leasable Area 4795
Days on Market 362
Standard Status Active
Property Type Office/Tech

Interior Features

Street Suffix Street

Exterior Features

Building Area Total 24810
Lot Dimensions 4736
Frontage Type City Street
Exterior Brick

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60610

Price
AVG $370K
$3.75M
Taxes
AVG $44,569
$153,715
Visits
AVG 163
260
Data Provided by Inside Real Estate®
Year Built
AVG 1966
1924
Walkscore
AVG 96
95
Data Provided by Walkscore® not using MLS data

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