Price Reduction
Address
721 S Dearborn Street, Chicago, IL
Price
$ 385,000
Property Attributes
  • MLS#12029096
  • TypeCommercial
  • CountyCOOK
  • CityChicago
  • AreaCHI - Loop
  • NeighborhoodPrinter's Row
  • Zip60605
  • Style
  • Year Built1883
  • Taxes$ 106032
  • Price$ 385,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1540
  • Lot Size1,540 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Welcome to 721 S Dearborn in the heart of Printers Row. Great potential with lots of walking traffic. Big bay area windows with plenty of natural light. All fixtures included. Great location for office space, retail, commercial or office/tech use. 13' ceiling & 9' windows. TAXES HAVE BE REASSESSED AND SIGNIFICANTLY REDUCED IN 2023 to $6,616. A HUGE SAVINGS! Just a few minute walk to the CTA (Red Line) and multiple bus stops. One block north is the Ida B. Wells with quick access to the Kennedy, Eisenhower and Dan Ryan expressways. Easy access to Lake Shore Drive. Minutes away from Grant Park, Millennium Park, Buckingham Fountain, Shedd Aquarium, Field Museum, Soldier Field, McCormick Place, Merle Reskin Theatre, Restaurants, Hotels and all S. Michigan Ave. has to offer. Ample street parking. Motivated seller! PROPERTY BEING SOLD AS-IS.

Price History
4/15/2024 Listed $585,000
4/26/2024 35% - $385,000

General Features

Cooling Central Air
Possession Closing
Zoning OFFIC
Construction Materials Brick,Concrete
Year Built 1883
Electric Circuit Breakers,Service - 201 to 600 Amps
Stories 1
Township South Chicago
Property SubType Office,Technical/Research & Development
Tax Year 2022
County Cook
Property Type Commercial Sale
Possible Use Office and Research,Retail
Status Active
Directions Polk and Dearborn,North to 721
City Chicago
Total Units 1
MLS Area CHI - Loop
Lot Size Square Feet 1540
Street Name Dearborn
Tax Annual Amount 106032
Additional Parcels Y/N No
Virtual Tour https://tour.vht.com/434380914/idxs
Days on Market 15
Lease Type N/A
Standard Status Active
Property Type Office/Tech

Interior Features

Flooring Tile,Vinyl,Wood
Street Suffix Street

Exterior Features

Foundation Details Concrete Perimeter
Building Area Total 1540
Lot Dimensions COMMON
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 60605

Price
AVG $530K
$390K
Taxes
AVG $38,180
$106,032
Visits
AVG 169
36
Data Provided by Inside Real Estate®
Year Built
AVG 1952
1883

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