2037 S Indiana Avenue, Chicago, IL 60616
- $595,000
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.
- Listing Courtesy of: Compass
Details
Updated on June 18, 2026 at 9:19 pm-
Property ID MRD12471618
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Price $595,000
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Year Built 2007
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Property Type Bad
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Property Status Active Under Contract
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Parcel Number 17223140410000
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Water Source Municipal Water
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MLS Status Contingent
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Days On Market 160
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Cumulative Days On Market 196
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Tax Annual Amount 17982
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Cooling Central Air
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Directions INDIANA AVENUE SOUTH TO PROPERTY
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Association Fee Frequency Not Applicable
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BuildingAreaTotal 130000
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LotSizeSquareFeet 21900
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StoriesTotal 5
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Zoning RTAIL
Address
Open on Google Maps- Address 2037 S Indiana Avenue
- City Chicago
- State/county IL
- Zip/Postal Code 60616
- Country United States
Overview
- Bad
- 2007
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