2001 State Street

    Chicago, IL 60616
    • $15,500,000
    • STATUS: Active
    • ON SITE: 249 days
    • MLS #: 09878065
    UPDATED: 37 min ago
    $15,500,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1878
    County:

    School Ratings & Info

    Description

    2001 S State (MLS# 09878065) and 2000 S Wabash is a dual listing for sale for a total of $15,500,000. The properties are tied together by their loan and must be sold in conjunction, they are right across the alley from each other on Cullerton. Both properties are newly renovated, including 22 apartments at State and a combined commercial square footage of right around 20,000 (12,000 for State, 8,000 for Wabash). Commercial tenants include a Dog Daycare (2000 S Wabash) who occupies the entire building on a triple net lease, as well as a gym (Phenomenal Fitness @ 2001 S State) and a Daycare. All apartments have been totally gut renovated including granite counters, stainless steel appliances, plumbing, electric, heating & cooling and laundry machines. All units are 3 bedroom and have elevator access through the lobby.

    Monthly Payment Calculator



    © 2018 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or MKT Properties | Keller Williams. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MKT Properties | Keller Williams are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2018-11-13T18:52:02.533.

    Digital Millennium Copyright Act
    www.mktproperties.com/homes/81397253

    2001 State Street Chicago, IL 60616

    • Price: $15,500,000
    • Status: Active
    • Updated: 37 min ago
    • MLS #: 09878065
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1878
    Built
    Neighborhood:
    Chi - Near South Side
    County:
    Cook
    Area:
    Chi - Near South Side
    Property Description
    2001 S State (MLS# 09878065) and 2000 S Wabash is a dual listing for sale for a total of $15,500,000. The properties are tied together by their loan and must be sold in conjunction, they are right across the alley from each other on Cullerton. Both properties are newly renovated, including 22 apartments at State and a combined commercial square footage of right around 20,000 (12,000 for State, 8,000 for Wabash). Commercial tenants include a Dog Daycare (2000 S Wabash) who occupies the entire building on a triple net lease, as well as a gym (Phenomenal Fitness @ 2001 S State) and a Daycare. All apartments have been totally gut renovated including granite counters, stainless steel appliances, plumbing, electric, heating & cooling and laundry machines. All units are 3 bedroom and have elevator access through the lobby.
    Exterior Features

    Frontage Access City Street Lot Dimensions 144 X 118 Lot Sq Ft 16992 Number Of Parking Spaces 21

    Interior Features

    Air Conditioning Central Air Number Of Apts 22 Number Of Dishwashers 22 Number Of Dryers 22 Number Of Offices 0 Number Of Refrigs 22 Number Of Stores 3 Number Of Stories 4 Number Of Washers 22 Outdoor Parking 19-30 Spaces

    Property Features

    Age New Rehab Built Before1978 YN Yes Current Use Commercial Electric Expense Source Actual Electricity Expense 8196 Estimated Cam SF 4 Expense Year 2017 Fuel Expense 9899 Fuel Expense Source Actual Geographic Locale Downtown Chicago Gross Rental Income Amount 10277 Heat Ventilation Central Bldg Heat Insurance Expense 32894 Insurance Expense Source Actual Lease Type Net Net Oper Income Amount 82048 Other Expense Source Actual Other Expenses 167928 Owners Assoc YN No Rental Price 14 Tax Year 2016 Taxes 73449 Tenant Pays ElectricHeatVaries By Tenant Total Annual Exp 308701 Total Annual Income 112918 Total Monthly Income 85647 Township South Chicago Washer Dryer Lsd YN No Water Expense 5022 Water Expense Source Combination Zoning Type Commr

    Listing information © 2018 Midwest Real Estate Data LLC.
    Listing provided courtesy of Windy City Re Llc.


    © 2018 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or MKT Properties | Keller Williams. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MKT Properties | Keller Williams are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2018-11-13T18:52:02.533.

    Digital Millennium Copyright Act
     
    MKT Properties | Keller Williams
    2211 N Elston #104
    Chicago IL, 60614