Eco Friendly
Address
260 E Chestnut Street # 4 Chicago, IL
Price
$ 995,000
Property Attributes
  • MLS#11201675
  • TypeCommercial
  • CountyCOOK
  • CityChicago
  • AreaCHI - Near North Side
  • NeighborhoodStreeterville
  • Zip60611
  • StyleCommercial,Condominium
  • Year Built1965
  • Taxes$ 10728
  • Price$ 995,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage41250
  • Lot Size0.95 Acres
Listing Provided Courtesy Of:
Jameson Sotheby's Intl Realty
Data Source:
Midwest Real Estate Data (MRED) - 103 - IL
Property Description

Just east of the "Mag Mile" and just west of Lake Michigan, 260 E. Chestnut is a Gold Coast "hidden gem". This is a perfect location for a variety of uses; Fine Dining Restaurant - this location has been a French restaurant since 1967, Tech Office, Professional Office, Salon, Retail, Bar, Coffee House, Grocery, Medical Clinic, Fitness Center, Dry Cleaner and so much more. This is a fee simple commercial condo on the first floor with a lobby entrance and a huge picture window facing the lake. The total space is 3,672 sq ft including a turn-key kitchen with many extras; all FF&E is included, first floor restaurant seating, full bar and bar seating, closet/storage, second floor additional restaurant seating, private bathrooms, storage and office, below grade private room for added storage which includes a walk-in cooler, a walk-in freezer, air-conditioning mechanicals with easy direct access from the parking garage and a garage outside of the building's first floor for containment of dumpsters and grease refuse. This listing is available two ways: 1) Real Estate Sale 2) 10-year Net Lease. Proof of funds is mandatory prior to scheduling a showing. Do Not Disturb the tenant or employees.

Price History
8/26/2021 Listed $995,000

General Features

Additional Parcels Y/N No
City Chicago
Construction Materials Concrete, Steel Siding
Cooling Central Individual
County Cook
Current Use Commercial, Condominium
Days on Market 76
Directions Chestnut at Dewitt Between Michigan Ave and the Lake
Electric Circuit Breakers
Flooring Carpet, Tile
Lease Type Net
Lot Size Square Feet 41250
MLS Area CHI - Near North Side
Operatingexpense 16975
Possession Closing
Property Type Retail/Stores
Property Type Commercial Sale
Roof Tar and Gravel
Standard Status Active
Status Active
Stories 2
Street Name Chestnut
Tax Annual Amount 10728
Tax Year 2019
Tenant Pays Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Operating Stops, Taxes, Insurance, Repairs, Scavenger, Sewer
Total Actual Rent 7500
Unit Number 4
Utilities Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal, Water to Site
Year Built 1965
Zoning COMMR

Interior Features

Street Suffix Street

Exterior Features

Building Area Total 41250
Foundation Details Reinforced Caisson
Frontage Type City Street
Lot Dimensions COMMON

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60611

Price
AVG $350K
$1,000K
Taxes
AVG $21,358
$10,728
Visits
AVG 179
45
Year Built
AVG 1942
1965
Walkscore
AVG 94
96
Data Provided by Walkscore ® not using MLS data

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