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Parking Garage & Timber Loft Sale 2 Properties in Chicago, IL
EXECUTIVE SUMMARY
Multi-level parking garage located at the SWC of Clark Street and Harrison Street in Chicago's South Loop. The garage features 175 parking spaces over four (4) levels, with entrances and exits along both Clark Street and Harrison Street. Additionally, the site is conveniently located just a few blocks east of the Ida B. Wells feeder ramp, one of the main access points to Downtown Chicago, and just steps from the LaSalle Street Metra Station. Located at the southwest corner of Clark Street and Harrison Street, the building is part of the western edge of the vibrant Printers Row neighborhood, featuring dozens of residential loft buildings and a multitude of restaurants and service oriented tenants. Park One operates the garage under a management agreement on a MTM basis.
Timber Loft Office Building in Chicago's South Loop, located just steps from the LaSalle Street Metra Station and a few blocks east of the Ida B. Wells feeder ramps, one of the main access points to downtown Chicago. Located at the southeast corner of LaSalle and Harrison Street, the building is part of the western edge of the vibrant Printers Row neighborhood, featuring dozens of residential loft buildings and a multitude of restaurants and service oriented tenants. The building consists of approximately 69,000 SF over seven (7) stories. Currently, the building is 32% leased, and presents a value-add opportunity via lease-up / stabilization or potential to convert to multi-family given the location within the South Loop and convenient access to public transit.
Timber Loft Office Building in Chicago's South Loop, located just steps from the LaSalle Street Metra Station and a few blocks east of the Ida B. Wells feeder ramps, one of the main access points to downtown Chicago. Located at the southeast corner of LaSalle and Harrison Street, the building is part of the western edge of the vibrant Printers Row neighborhood, featuring dozens of residential loft buildings and a multitude of restaurants and service oriented tenants. The building consists of approximately 69,000 SF over seven (7) stories. Currently, the building is 32% leased, and presents a value-add opportunity via lease-up / stabilization or potential to convert to multi-family given the location within the South Loop and convenient access to public transit.
PROPERTY FACTS
| Sale Condition | Redevelopment Project | Individually For Sale | 2 |
| Sale Type | Investment | Total Building Size | 131,752 SF |
| Status | Under Contract | Total Land Area | 0.89 AC |
| Number of Properties | 2 |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment |
| Status | Under Contract |
| Number of Properties | 2 |
| Individually For Sale | 2 |
| Total Building Size | 131,752 SF |
| Total Land Area | 0.89 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 601 S LaSalle St, Chicago, IL 60605 | Office | 71,868 SF | 1912 | - |
| 600 S Clark St, Chicago, IL 60605 | Specialty | 59,884 SF | 1961 | - |
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CONTACTS
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Andrew Rubin -
Andrew Picchietti -
Zack Pearlstein -
Matt Tarshis -
Andrew Slovis -
Frontline Real Estate Partners
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Parking Garage & Timber Loft Sale
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