$585,000
$595,000 1.7%
Est. payment /mo
130,000 SqFt
Sold on 08/27/2026
2037 S Indiana AVE Chicago, IL 60616
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Key Details
Sold Price $585,000
Property Type Commercial
Sub Type Retail/Stores
Listing Status Sold
Purchase Type For Sale
Square Footage 130,000 sqft
Price per Sqft $4
MLS Listing ID 12471618
Sold Date 08/27/26
Year Built 2007
Annual Tax Amount $17,982
Tax Year 2023
Lot Dimensions 113 X 90
Property Sub-Type Retail/Stores
Property Description
Rarely available, street-level commercial condominium in the heart of Chicago's vibrant South Loop! Just minutes from McCormick Place, major residential towers, and exciting new developments, this versatile space offers outstanding visibility and limitless potential for a wide range of businesses. Currently built out as a professional Title Company/Attorney real estate office, the space features private offices, conference rooms, a kitchenette and two bathrooms. Recent updates include new lighting, hardwood flooring, fresh paint, and HVAC (2025). Previously utilized as a spa, the property's flexible zoning allows for nearly all business types-making it ideal for a coffee shop, restaurant, retail storefront, professional office, or service business. Income-Producing Investment Opportunity: Strong lease in place at $5,100/month through June 2026, Immediate cash flow with future owner-user potential, Prime location with steady pedestrian and vehicle traffic. With its unbeatable location, modern build-out, and solid lease income, this South Loop commercial condo offers both immediate returns and long-term flexibility-a smart move for investors or entrepreneurs looking to establish a presence in one of Chicago's most dynamic neighborhoods.
Location
State IL
County Cook
Area Chi - Near South Side
Zoning RTAIL
Interior
Cooling Central Air
Flooring Wood
Fireplace N
Exterior
Utilities Available Electric to Site, Natural Gas Available, Sewer Connected
Building
Water Municipal Water
Structure Type Brick,Concrete,Block
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Jeanne Keating of Compass
Bought with Jeanne Keating of Compass
Bought with Jeanne Keating of Compass
NEARBY SCHOOL & BUSINESS
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