434 W Ontario Street Chicago, IL $ 3,750,000
434 W Ontario Street
$ 3,750,000
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434 W Ontario Street

Chicago, IL, 60610
$ 3,750,000
Baths0.0 Sq 24,810

Monthly Estimate*

$ 24,924

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Studio

Commercial Property for sale in Chicago, IL

for $3,750,000. This 24,810 square foot building was built in 1924 on a lot size of 0.108724.

Four-story, River North, heavy timber loft building. Stable cash flow with long-term tenants or DX-7 zoning provides a rare development opportunity. The building can have an additional two (2) stories added on top which increases the cash flow, or, can be an incredible owner's unit. Current tenants include an excellent Italian restaurant, a dental office, a general office and a former architect's space that is currently available if the purchaser wants to be an owner occupant. Tax appeal in process.

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Commercial Active

Price

$ 3,750,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 153,715

Style

Commercial,Office

Lot Size

0.108724

Year Built

1924

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11733287

Features
General
Cooling Central Individual
Utilities Electric to Site Gas to Site Water-Municipal Water to Site
Possession Closing Other
Zoning COMMR
Construction Materials Wood Frame
Year Built 1924
Electric Service - 101 to 200 Amps
Tenant Pays Electricity Operating Stops Other
Stories 4
Township North Chicago
Tax Year 2021
Current Use Commercial Office
Gross Income 0
County Cook
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale Office/Tech
Status Active
Directions Ontario just west of Orleans
City Chicago
NumberOfUnitsTotal 4
MLS Area CHI - Near North Side
Lot Size Square Feet 4736
Street Name Ontario
Tax Annual Amount 153715
Additional Parcels Y/N N
Leasable Area 4795
Days on Market 362
Standard Status Active
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Exterior
Building Area Total 24810
Lot Dimensions 4736
Frontage Type City Street
Exterior Brick
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Interior
Street Suffix Street
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* Excluded Features
List By
Coldwell Banker Realty

Broker

bruce.heller@cbexchange.com

Email

Affordability Calculator

$37,733
Per Month
66%
34%
0%
Monthly Principal & Interest
$24,924
Monthly Property Taxes
$12,810
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/14/2023$3,750,000 -12.79% Price Down
4/26/2023$4,300,000 -1.15% Price Down
4/25/2023$4,350,000 -3.31% Price Down
3/8/2023$4,499,000 Listed Price

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434 W Ontario Street, Chicago, IL, 60610 is a Commercial Property for sale at $3,750,000 with 24,810 sqft and a lot size of 0.108724. 434 W Ontario Street is a studio with 0.0 baths and was built in 1924. The property's zip code is 60610 which is in Chicago, IL