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400 E Randolph St
Chicago, IL 60601
Flex Property For Sale
PROPERTY FACTS
| Total Building Size | 1,368,143 SF | Typical Floor Size | 30,318 SF |
| Property Type | Multifamily (Condo) | Year Built | 1963 |
| Property Subtype | Apartment | Lot Size | 2.45 AC |
| Building Class | B | Parking Ratio | 0.26/1,000 SF |
| Floors | 40 | ||
| Zoning | PUD70 - Zoning letter is in "DOCUMENTS" | ||
| Total Building Size | 1,368,143 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| 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
1 UNIT AVAILABLE
Unit 706
| Unit Size | 1,131 SF | NOI | $28,430.70 CAD |
| Condo Use | Flex | No. Parking Spaces | 4 |
| Sale Type | Investment or Owner User | APN/Parcel ID | 17-10-400-048-1013 |
| Cap Rate | 7.54% |
| Unit Size | 1,131 SF |
| Condo Use | Flex |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.54% |
| NOI | $28,430.70 CAD |
| No. Parking Spaces | 4 |
| APN/Parcel ID | 17-10-400-048-1013 |
DESCRIPTION
Turnkey 7th-Floor Commercial Condo in Premier Downtown Location
Located inside the iconic Outer Drive East building at 400?E?Randolph, Suite?706 offers 1,130?SF of flexible commercial space perfect for hair salon, office, retail, showroom, medical, or wellness use. This move-in-ready suite features an open floor plan, private office/storage area, and kitchenette with water hookups. North-facing windows provide abundant natural light, while the building’s 24/7 door staff, on-site management, and high-traffic residential base of over 900 units ensure a steady flow of potential clients.
The property is steps from Millennium Park, Lakeshore East Park, and the Lakefront Trail, with easy access to CTA lines and major expressways. Ideal for owner-occupants or investors seeking a prime location in Chicago’s vibrant New Eastside neighborhood.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 250 | - | - |
| 1+1 | 300 | - | - |
| 2+2 | 394 | - | - |
