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1308 W 105th St
Chicago, IL 60643
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Fully leased to the State of Illinois since 1987
- New HVAC and LED lighting upgrades
- Zoned M2-2 Light Industry for flexible use
- Secure gated parking with direct CTA access
- Blocks from Metra and I-57 interchange
- Surrounded by schools, retail, and healthcare
EXECUTIVE SUMMARY
Positioned in Chicago’s Washington Heights neighborhood, 1308-1310 W. 105th Street presents a rare opportunity to acquire a fully leased, government-occupied office asset with enduring tenancy. This three-story, 18,759-square-foot building sits on nearly one acre and is zoned M2-2 Light Industry, offering flexibility for future repositioning or continued office use. The property has been leased to the State of Illinois since 1987, providing a stable income stream and long-term reliability.
Recent capital improvements include a new low-pressure steam boiler, upgraded HVAC on the second floor’s north wing, and LED lighting throughout, enhancing operational efficiency and tenant comfort. The building features secure gated parking and is steps from a CTA bus stop on Vincennes Avenue, with close proximity to I-57 and the 103rd Street–Washington Heights Metra Station, ensuring excellent regional connectivity.
Surrounded by educational institutions, healthcare providers, and national retailers such as CVS and Subway, the property benefits from strong community infrastructure and visibility. Its location within a mature urban corridor supports both public and private sector demand, making it an ideal investment for buyers seeking stable cash flow and long-term upside.
Recent capital improvements include a new low-pressure steam boiler, upgraded HVAC on the second floor’s north wing, and LED lighting throughout, enhancing operational efficiency and tenant comfort. The building features secure gated parking and is steps from a CTA bus stop on Vincennes Avenue, with close proximity to I-57 and the 103rd Street–Washington Heights Metra Station, ensuring excellent regional connectivity.
Surrounded by educational institutions, healthcare providers, and national retailers such as CVS and Subway, the property benefits from strong community infrastructure and visibility. Its location within a mature urban corridor supports both public and private sector demand, making it an ideal investment for buyers seeking stable cash flow and long-term upside.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
18,759 SF
Building Class
C
Year Built
1951
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
6,253 SF
Building FAR
0.45
Lot Size
0.95 AC
Zoning
M2-2 - Light Industrial
PROPERTY TAXES
| Parcel Number | 25-17-109-021-0000 | Improvements Assessment | $351,259 CAD |
| Land Assessment | $116,428 CAD | Total Assessment | $467,687 CAD |
PROPERTY TAXES
Parcel Number
25-17-109-021-0000
Land Assessment
$116,428 CAD
Improvements Assessment
$351,259 CAD
Total Assessment
$467,687 CAD
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