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400 E Randolph St - Outer Drive East 950 - 3,750 SF Office Condo Units Offered at $234,515 - $1,172,573 CAD Per Unit in Chicago, IL 60601

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INVESTMENT HIGHLIGHTS

  • Large space on second floor with lake views
  • Zoned for residential or commercial or mixed
  • Private and semi-private entrances

EXECUTIVE SUMMARY

LAKE VIEWS from this 3,750 sq ft condo (commercial or residential) with private entrances - ONLY 210 PER SQ FT --Rare opportunity w lake views. New Eastside/ Lakeshore East MIXED USE OR 1 USE-"As-Is Ready" or develop the property-CITY ZONING LETTER AVAILABLE-Commercial / RESIDENTIAL / MIXED LIVE-WORK / SERVICES / OVERNIGHTS / *SEE ZONING LETTER - 3,750 sq ft divided into 8 areas. Can divide tax PINs and sell off or lease out - MANY possibilities, ready to be developed or used as-is. Rare opportunity to own your own commercial space within the PUD #70 (Planned Unit Development) The unit has three entrances/exits, a semi-private entry, a semi-private elevator, and private stairs. It also has wraparound windows with three exposures. 5 toilets, 7 sinks included in a currently small kitchen, a maintenance closet, and three bathrooms. Great spa - hair - nails- medical - imaging - office -Kitchen and bathroom capable - Currently commercial can be converted to full residential or split as mixed. (Purchaser's responsibility to verify) We have an advisory letter from Chicago City Zoning of what is zoned capable. Owners have the right to use the building amenities. Building amenities include a 5-star "resort-like" health club and spa. Basketball, racquetball, ping-pong, free weights, machine weights, cardio, winter garden, child's playroom, famous geodesic year-round sunny pool, saunas, and steam rooms. A new multi-function room with an open kitchen and media space. Parking is 220/mo reserved. Discounted parking tickets are sold to owners to sell/give to clients and customers. 8 FOR 12-hour parking. Dog friendly. Visiting guests/clients may come through the main building lobby and check in with the front desk, OR enter a semi-private entrance for direct access. There are unlimited possibilities of use! HOA /mo 3,576 includes heat, a/c, gas, amenities, pool, health club, spa, lounge, conference room. Currently used as a day care, property may be converted to residential or get approval for an Airbnb-type set up. Zoned for almost all. See zoning letter. Showings only on weekends or after 6:00pm daily. There are two grocery shopping options, either Bockwinkel's Harbor Market (across the street) or a 2-story Mariano's grocery store with good prices and a plethora of item options for your daily shopping needs. Very friendly building with lots of social activities and events such as a book club, world affairs club, bingo, summer picnic, children's Halloween party, children's holiday party, and a resident holiday party, to name a few. Great Outer Drive East community in the New Eastside neighborhood. Nestled in the New Eastside neighborhood is Lakeshore East Park. This 6-acre oasis in the neighborhood's nucleus includes large grassy areas, a children's playlot, and a dog park. Maggie Daley Park is across Randolph Street and incorporates tennis courts, a children's activity area, park district facilities with programming, the famous ribbon ice skating rink, mini-golf, and professional outdoor climbing walls. Millennium Park is a block away from all the world-famous music venues, including the Grant Park Orchestra, Saturday morning exercise classes, and outdoor movies in the summer. Located in the New Eastside neighborhood, this prestigious condo is just moments away from fine dining, upscale shopping, the lake and harbor, and cultural landmarks. Experience the pinnacle of luxury living in a residence that offers both serenity and sophistication. 30-minute free parking for showings, guests, and deliveries.

DATA ROOM Click Here to Access

PROPERTY FACTS

Total Building Size 1,368,143 SF
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Building Class B
Floors 40
Typical Floor Size 30,318 SF
Year Built 1963
Lot Size 2.45 AC
Parking Ratio 0.26/1,000 SF
Zoning PUD70 - Zoning letter is in "DOCUMENTS"

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Storage Space
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Built-In Bookshelves
  • Wet Bar

SITE AMENITIES

  • 24 Hour Access
  • Concierge
  • Fitness Center
  • Pool
  • Sauna
  • Security System
  • Elevator
  • Maintenance on site
  • Sundeck

2 UNITS AVAILABLE

Unit 6B

Unit Size 3,750 SF
Price $1,172,573 CAD
Price Per SF $312.69 CAD
Condo Use Office
Sale Type Investment or Owner User
APN/Parcel ID 17-10-400-048-1007
DESCRIPTION

LAKE VIEWS from this 3,750 sq ft condo (commercial or residential) with private entrances - ONLY 210 PER SQ FT --Rare opportunity w lake views. New Eastside/ Lakeshore East MIXED USE OR 1 USE-"As-Is Ready" or develop the property-CITY ZONING LETTER AVAILABLE-Commercial / RESIDENTIAL / MIXED LIVE-WORK / SERVICES / OVERNIGHTS / *SEE ZONING LETTER - 3,750 sq ft divided into 8 areas. Can divide tax PINs and sell off or lease out - MANY possibilities, ready to be developed or used as-is. Rare opportunity to own your own commercial space within the PUD #70 (Planned Unit Development) The unit has three entrances/exits, a semi-private entry, a semi-private elevator, and private stairs. It also has wraparound windows with three exposures. 5 toilets, 7 sinks included in a currently small kitchen, maintenance closet and three bathrooms. Great spa - hair - nails- medical - imaging - office -Kitchen and bathroom capable - Currently commercial can be converted to full residential or split as mixed. We have an advisory letter from Chicago City Zoning of what is zoned capable. Owners have the right to use the building amenities. Building amenities include a 5-star "resort-like" health club and spa. Basketball, racquetball, ping-pong, free weights, machine weights, cardio, winter garden, child's playroom, famous geodesic year-round sunny pool, saunas, and steam rooms. A new multi-function room with an open kitchen and media space. Parking is 220/mo reserved. Discounted parking tickets are sold to owners to sell/give to clients and customers. 8 FOR 12-hour parking. Dog friendly. Visiting guests/clients may come through the main building lobby and check in with the front desk, OR enter a semi-private entrance for direct access. There are unlimited possibilities of use! HOA /mo 3,576 includes heat, a/c, gas, amenities, pool, health club, spa, lounge, conference room. Currently used as a day care, property may be converted to residential or get approval for a hostel / dorm set up (note this is different than a short term shared housing (no airbnb)) - A DORM OR HOSTEL must be more than 7 overnight units)  Zoned for almost all. See zoning letter. Showings only on weekends or after 6:00pm daily. There are two grocery shopping options, either Bockwinkel's Harbor Market (across the street) or a 2-story Mariano's grocery store with good prices and a plethora of item options for your daily shopping needs. Very friendly building with lots of social activities and events such as a book club, world affairs club, bingo, summer picnic, children's Halloween party, children's holiday party, and a resident holiday party, to name a few. Great Outer Drive East community in the New Eastside neighborhood. Nestled in the New Eastside neighborhood is Lakeshore East Park. This 6-acre oasis in the neighborhood's nucleus includes large grassy areas, a children's playlot, and a dog park. Maggie Daley Park is across Randolph Street and incorporates tennis courts, a children's activity area, park district facilities with programming, the famous ribbon ice skating rink, mini-golf, and professional outdoor climbing walls. Millennium Park is a block away from all the world-famous music venues, including the Grant Park Orchestra, Saturday morning exercise classes, and outdoor movies in the summer. Located in the New Eastside neighborhood, this prestigious condo is just moments away from fine dining, upscale shopping, the lake and harbor, and cultural landmarks. Experience the pinnacle of luxury living in a residence that offers both serenity and sophistication. 30-minute free parking for showings, guests, and deliveries.

SALE NOTES

seller to pay broker commission

Unit 717

Unit Size 950 SF
Price $234,515 CAD
Price Per SF $246.86 CAD
Condo Use Office
Sale Type Investment or Owner User
No. Parking Spaces 4
APN/Parcel ID 17-10-400-048-1009
DESCRIPTION

NEWLY RENOVATED OFFICE - professional offices /medical /spa/ beauty /hair/workshop/- pilates - yoga - warehouse - design center - Commercial condo in the Outer Drive East Condominium building. Lake View -The unit has been completely gutted, concrete to concrete - drywall/plaster to drywall/plaster: new lights, new ceilings, new floors, newly resurfaced walls, new LVP flooring. Owners have the right to use the building amenities. Building amenities include a 5-star "resort-like" health club and spa. Basketball, racquetball, ping-pong, free weights, machine weights, cardio, winter garden, child's playroom, famous geodesic year-round sunny pool, saunas, and steam rooms. Building amenity features new multi-function room with an open kitchen and media space. Property has a covenant of a "do not compete" regarding real estate services. Parking is 220/mo reserved and (4) people have full use of amenities. Discounted parking tickets are sold to owners to sell/give to clients and customers. Zoning advisory letter in documents. Zoned for almost anything. ask attorney to review zoning letter.

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Walk Score®
Walker's Paradise (95)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

MAJOR TENANT INFORMATION

TENANT SF OCCUPIED LEASE END DATE
Fido-To-Go - November 2021
Let It Grow LLC - December 2017
  • Listing ID: 35575878

  • Date on Market: 2025-04-21

  • Last Updated:

  • Address: 400 E Randolph St, Chicago, IL 60601

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