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161 W Harrison St
Chicago, IL 60605
Patten Building · Office/Retail Property For Sale
Investment Highlights
- 3,137 SF ground-floor retail space located in the Patten Building
- Prominent corner location at Harrison St & Financial Pl with strong street visibility
- Zoned DX-12 (Downtown Mixed-Use District), allowing a wide range of commercial uses (subject to approval)
- Former medical clinic with existing build-out; ideal for medical, office, or retail users
- Situated within a mixed-use building with 95 residential units above, providing built-in foot traffic
- Ample parking all around the building, Street, garage, 15 min parking
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Fireplace
- Microwave
- Storage Space
- Washer/Dryer
- Heating
- Double Vanities
- Kitchen
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Walk-In Closets
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Package Service
- Storage Space
- Bicycle Storage
- Elevator
- Maintenance on site
- Sundeck
1 Unit Available
Unit C-102
| Unit Size | 3,137 SF | Sale Type | Investment or Owner User |
| Condo Use | Office/Retail | Sale Conditions | Lease Option |
| Unit Size | 3,137 SF |
| Condo Use | Office/Retail |
| Sale Type | Investment or Owner User |
| Sale Conditions | Lease Option |
Description
The subject property consists of a ground-floor commercial condominium located at the prominent corner of West Harrison Street and South Financial Place in Chicago’s South Loop / Printer’s Row submarket. The space is part of a well-maintained, mixed-use condominium building featuring a strong residential base above, providing built-in foot traffic and consistent daytime and evening activity.
The commercial unit is newly built out and configured to accommodate a wide range of uses, including office, medical, or retail, allowing an incoming user to minimize upfront capital expenditures and accelerate occupancy. The space benefits from excellent street visibility, corner exposure, and a highly walkable urban setting with immediate access to public transportation, nearby business districts, and dense residential development.
The condominium structure offers institutional-quality ownership within a professionally managed association. The unit is governed by a condominium association with shared common areas and operating expenses, making it an efficient option for users or investors seeking a low-maintenance urban commercial presence. Final details regarding CAM, reserves, insurance, and association rules are subject to review of the condominium documents.
Overall, the property presents a turnkey commercial condominium opportunity in one of Chicago’s most established downtown neighborhoods, well-suited for users or tenants seeking visibility, accessibility, and proximity to the Loop and South Loop markets.
Sale Notes
The offering represents an opportunity to acquire a ground-floor commercial condominium located at the corner of West Harrison Street and South Financial Place in Chicago’s South Loop / Printer’s Row district. The property is well positioned within a dense, urban mixed-use environment and benefits from strong surrounding residential and commercial activity.
The commercial condominium is being offered for sale and is also available for lease, providing flexibility for owner-users, investors, or tenants seeking a high-visibility urban location. The space is suitable for a variety of uses, subject to zoning and condominium approval.
The unit is part of a professionally managed condominium association, offering an efficient ownership structure with shared common area responsibilities. Operating expenses, association rules, insurance, reserves, and any special assessments are governed by the condominium documents and are subject to buyer or tenant review and due diligence.
The property is well suited for users or investors seeking a stabilized urban commercial asset with flexible use potential. Permitted uses are subject to zoning and condominium approval, and prospective purchasers or tenants are encouraged to independently verify zoning, use compliance, and licensing requirements with the City of Chicago.
This offering is being marketed as-is, where-is, with no representations or warranties as to the condition of the property, income, expenses, or future performance. All information provided is for preliminary review purposes only. Prospective parties are responsible for conducting their own investigations, including review of condominium documents, zoning, financials, and physical condition prior to closing or lease execution.
The seller reserves the right to accept or reject any and all offers, modify pricing or lease terms, or withdraw the property from the market at any time without notice.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 52 | - | 712 |
| 2+2 | 29 | - | 981 |
| 3+3 | 14 | - | 1,284 |
