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633 S Plymouth Ct - Pope Building 9,941 SF Office/Retail Condo Unit Offered at $1,102,512 CAD in Chicago, IL 60605
Investment Highlights
- Vibrant neighborhood surrounding the property
- Boasting an abundance of amenities, this prime locale promises an enticing blend of urban convenience and entrepreneurial opportunity.
- Easy access to major transportation arteries
Executive Summary
Historic building, originally constructed in 1927. Steps from Grant Park, the Museum Campus, and major educational institutions, attracting both locals and tourists alike.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 17.60% |
| Sale Type | Investment |
| Cap Rate | 17.60% |
Description
This spacious, 9,941 SF retail condo offers a flexible layout ideal for a variety of businesses. Located at the base of a historic, mixed-use residential building, the space benefits from excellent visibility, high foot traffic, and proximity to Chicago's bustling downtown area. The unit features large display windows, high ceilings, and versatile interior space that can be easily customized to suit a range of commercial uses, from retail to office or service-oriented businesses.
Sale Notes
Jameson Commercial is pleased to present 633 S. Plymouth in Chicago, an excellent opportunity for armchair investors seeking a property with stable income and future upside. This well-located asset features three long-term tenants, each with leases expiring within the next two years, allowing for potential rent adjustments to current market rates. Investors can benefit from strong cash flow while implementing property updates, while users can also consider occupying the space, offsetting costs with rental income. Whether as a passive investment or an owner-occupied building, 633 S. Plymouth offers versatile income potential in a prime Chicago location.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 633 | 9,941 SF | Office/Retail | $1,102,512 CAD ($110.91 CAD/SF) | $194,064.16 CAD |
Unit 633
| Unit Size |
| 9,941 SF |
| Condo Use |
| Office/Retail |
| Price |
| $1,102,512 CAD ($110.91 CAD/SF) |
| NOI |
| $194,064.16 CAD |
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Unit 633
| Unit Size | 9,941 SF |
| Condo Use | Office/Retail |
| Price | $1,102,512 CAD ($110.91 CAD/SF) |
| NOI | $194,064.16 CAD |
| Sale Type | Investment |
| Cap Rate | 17.60% |
| Description | |
| This spacious, 9,941 SF retail condo offers a flexible layout ideal for a variety of businesses. Located at the base of a historic, mixed-use residential building, the space benefits from excellent visibility, high foot traffic, and proximity to Chicago's bustling downtown area. The unit features large display windows, high ceilings, and versatile interior space that can be easily customized to suit a range of commercial uses, from retail to office or service-oriented businesses.</li></ul> | |
| Sale Notes | |
| Jameson Commercial is pleased to present 633 S. Plymouth in Chicago, an excellent opportunity for armchair investors seeking a property with stable income and future upside. This well-located asset features three long-term tenants, each with leases expiring within the next two years, allowing for potential rent adjustments to current market rates. Investors can benefit from strong cash flow while implementing property updates, while users can also consider occupying the space, offsetting costs with rental income. Whether as a passive investment or an owner-occupied building, 633 S. Plymouth offers versatile income potential in a prime Chicago location.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 120,012 SF | Floors | 11 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 10,910 SF |
| Property Subtype | Apartment | Year Built | 1906 |
| Building Class | C | Lot Size | 0.23 AC |
| Zoning | DX-12 - Downtown Mixed-Use District | ||
| Total Building Size | 120,012 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 11 |
| Typical Floor Size | 10,910 SF |
| Year Built | 1906 |
| Lot Size | 0.23 AC |
| Zoning | DX-12 - Downtown Mixed-Use District |
Amenities
Site Amenities
- Fitness Center
- Laundry Facilities
- Bicycle Storage
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 46 | - | 490 |
| 1+1 | 22 | - | 712 |
| 1+1.5 | 9 | - | - |
| 1+2 | 6 | - | - |
| 2+1 | 1 | - | - |
| 2+2 | 7 | - | - |
| 3+2 | 1 | - | - |
Exceptionally walkable
100/100
Moderately drivable
70/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100
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633 S Plymouth Ct - Pope Building
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