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DESCRIPTION

2001 S State (MLS# 09878065) and 2000 S Wabash is a dual listing for sale for a total of $14,095,000. 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.

KEY DETAILS
  • Price:
  • $14,095,000
  • Bedrooms:
  • 0
  • Full Baths:
  • 0
  • Square Footage:
  • n/a
  • Acreage:
  • 0.39
  • Year Built:
  • 1878
  • MLS #:
  • 09878065
  • Street Address:
  • 2001 S State St
  • City:
  • Chicago
  • State:
  • IL
  • Postal Code:
  • 60616
  • County:
  • Cook
  • Area:
  • Near South Side
  • Listing Status:
  • For Sale - Active

Building

  • Age Of Dwelling:
  • New Rehab
  • Number Of Units:
  • 25
  • Stories:
  • 4
  • Year Built:
  • 1878

Business

  • Annual Insurance Expenses:
  • 32894
  • Annual Trash Expenses:
  • 11313

Land

  • Existing Land Use:
  • Commercial
  • Lot Square Footage:
  • 16992

Listing

  • Lease Type:
  • Net

Money

  • Property Taxes:
  • $73,449
  • Tax Year:
  • 2017
  • Tenant Pays:
  • Electric, Heat, Varies By Tenant

Structures

  • Parking Spaces:
  • 21

Systems

  • Cooling System:
  • Central Air

Source

  • Listing Provided By Chicagoland Brokerage

    MRED
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SCHOOL RATINGS

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NOTES

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