Address
22 E Elm Street, Chicago, IL
Price
$ 5,200,000
Property Attributes
  • MLS#12010056
  • TypeCommercial
  • CountyCOOK
  • CityChicago
  • AreaCHI - Near North Side
  • Zip60611
  • Style
  • Year Built1895
  • Taxes$ 72136
  • Price$ 5,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5100
  • Lot Size0.059688 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

We are pleased to present 22 East Elm for sale. This recently remodeled building is located on one of the most beautiful tree lined streets in Chicago's Gold Coast. The unique 5100 sf space has been elegantly designed and curated by the current owners with walnut floors, custom lighting, surround sound & a stunning glass elevator (accessible to all three levels). Currently a high end salon and med spa, this flexible space can most certainly be reimagined as a myriad of other uses including a luxury single family home, medical practice, luxury retail store, or even a sales, private equity or wealth management office to name a few alternatives. The zoning is amenable to other uses and the entire property is handicapped accessible. Unique opportunity for a savvy investor to acquire a luxury piece of property in Chicago Gold Coast. Opportunity abounds as the property has a myriad of excellent uses. You won't be disappointed.

Price History
3/28/2024 Listed $5,900,000
4/19/2024 12% - $5,200,000

General Features

Cooling Central Air
Year Built 1895
Electric Circuit Breakers,Service - 201 to 600 Amps
Tenant Pays Air Conditioning,Electricity,Heat
Stories 3
Property SubType Condominium,Free Standing Store,Medical,Neighborhood Storefront,Other,Restaurant
Tax Year 2022
County Cook
Property Type Commercial Sale
Status Active
Directions Elm between Inner Lake Shore Drive and State
City Chicago
MLS Area CHI - Near North Side
Lot Size Square Feet 2600
Street Name Elm
Tax Annual Amount 72136
Additional Parcels Y/N No
Leasable Area 5100
Days on Market 30
Standard Status Active
Property Type Retail/Stores

Interior Features

Street Suffix Street

Exterior Features

Building Area Total 5100
Lot Dimensions 25X103.25

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 60611

Price
AVG $1.27M
$5.2M
Taxes
AVG $46,696
$72,136
Visits
AVG 147
78
Data Provided by Inside Real Estate®
Year Built
AVG 1941
1895

Areas We Cover