Thank you
Robert Klairmont
Twins Realty LLC
773-736-6461
Ground floor condominium in the booming South Loop neighborhood of Chicago. Currently occupied by the very popular 16th Street Bar & generating strong annual revenue. Licensed and approved for liquor sales. Amply plumbed & can be easily converted to any retail or medical use. This approximately 1,100 square foot space features stylish design, herringbone pattern wood flooring, stylish fixtures, attached bar, two restrooms, three compartment sink, slop sink, storage, pantry, utility closet & spacious open floor plan with frontage along E 16th & excellent visibility. Can be delivered vacant subject to current lease &/or in vanilla box condition. Location boasts strong demographics and booming population. Walk score and transit score of 100! Walkers & Riders Paradise. Average annual household income within 1 mile is $132,834. Average retail rent is $29.56 and vacancy rate is 7.5%. Annual Consumer spending within 1-mile is $923,149,736. Why rent when you can Buy.
Total Bedroom: 1
Room Types: No additional rooms
Total Baths: 2
Half Baths: 2
Rooms Total: 1
Heating: Other
Cooling: Central Air
WaterSource: Public
Year Built: 2000
Lot Dimensions: COMMON
Lot Size Source: County Records
Property Type: Residential
Sub Type: Attached Single
Type Attached: Condo
Original List Price: $375000
Annual Tax: $4897.89
Tax Year: 2022
Parcel Number: 17223010571005
Parking: None
Included Fees: None
Sewer: Other
Water Source: Public
City: Chicago
Direction: Turn Righ onto E 16th from Michigan Ave
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
1816 S Jefferson Street, Chicago, IL,60616 | $549,900 | -- | -- | -- | 0.05 Acre |
2128 S Tan Court #5C, Chicago, IL,60616 | $300,000 | 2 | 1 | 610 | -- |
2128 S Tan Court #3L, Chicago, IL,60616 | $215,000 | 1 | 1 | 428 | -- |
2128 S Tan Court #4D, Chicago, IL,60616 | $225,000 | 1 | 1 | 514 | -- |
2541 S Normal Avenue, Chicago, IL,60616 | $528,000 | 4 | 3 | 1,980 | -- |
2543 S Wallace Street #9, Chicago, IL,60616 | $285,000 | 3 | 2 | 1,175 | -- |
1816 S Jefferson Street, Chicago, IL,60616 | $549,900 | 2 | 2 | 1,900 | -- |
239 W 18th Street #2D, Chicago, IL,60616 | $295,000 | 3 | 2 | 1,200 | -- |
2901 S Michigan Avenue .., Chicago, IL,60616 | $135,000 | 1 | 1 | 800 | -- |
1720 S Michigan Avenue .., Chicago, IL,60616 | $339,000 | 2 | 2 | 911 | -- |
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Based on information submitted to the MLS GRID as of 05/17/2024 @ 18:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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ByOwner last updated this listing 05/17/2024 @ 18:20
MLS: MRED #11983547
LISTED BY: Robert Klairmont, Twins Realty LLC
SOURCE: Midwest Real Estate Data LLC (MRED)
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.