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2037 S Indiana Avenue Chicago, IL 60616

$595,000
Active / MLS# 12471618 / Commercial - Retail / Chicago
0 Beds
130000 SqFt

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.

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Baird & Warner New Client Care Team Agent Cell: 312.847.5702 Email

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Property Details

Property Type: Commercial - Retail
Cooling: Central Air
Lot Size: 0.50 Acres
Stories: 5.0
Taxes: $17,982
Year Built: 2007

Feature Descriptions

Current Use: Commercial
Electric: Circuit Breakers, Service - 0 to 100 Amps
Exterior: Brick, Concrete, Block
Fire Protection: Fire Extinguisher/s, Smoke or Fire Protectors, Stand Pipe
Flooring: Wood
Foundation: Concrete Perimeter
Frontage Type: City Street
HVAC: Gas
Location: Central Business District
Lot Dimensions: 113 X 90
Miscellaneous Indoor: Elevator/s Passenger, Private Restroom/s
Parcel#: 17223140410000
Tenant Pays: Varies by Tenant
Units: 3
Utilities: Electricity Available, Natural Gas Available, Sewer Connected

Location

See details and scored characteristics about this location.

Listing Office: Compass

Listing Office Phone: 312-319-1168



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