Courtesy of One Chicago Realty, LLC

555 Jackson Boulevard

Chicago, IL, 60661

$18,681,854

$18,681,854
Active
Active
 - For Sale
property_type
Commercial
calendar
Built 1955
Absolutely magnificent opportunity to own a 51 unit apartment building/hotel in the heart of the West Loop Gate. This was an office suites building that has been completely taken down to the brick, Timber Loft Building. Special attention has been accounted for, a completely furnished with warm modern feel as a class A Building. The building will be completely occupied by Sonder Hospitality mid to late February, 2023. The lease runs for 10 years with 2, 5-year options. 3% increases in rent year to year, compounding and perpetual. Unbelievable piece of property and exceptional lease with thriving multi national Hospitality Company, Sonder.
MLS® ID:
11677156
Listed:
11/20/22
Updated:
3/30/23
Luxury Living International | Real Estate
Mobile: 312-953-9567Office: 305-889-8400Email: LLi@LuxuryLivingInternational.io

Other Property Details

Area Name
Confidential Commercial Listings
Taxes
$209237
Tax Frequency
per YEAR
Garage
No
Parking
16
Parking Total
16.0
View
N
County
Cook
Pool
No
Total Stories
7
Buyer Agency Compensation
1.25% ON GSP

Courtesy of One Chicago Realty, LLC, Michael Wencel,
Listing Contact:  

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

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Data last updated 9:21 PM UTC, 3/30/23

 

 

Luxury Living International | Real Estate
Mobile: 312-953-9567Office: 305-889-8400Email: LLi@LuxuryLivingInternational.io
Contact