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1550 S Indiana Ave
Chicago, IL 60605 South Loop

$4,500,000 USD

Office Residential For Sale • 102,000 SF

Property Details

Property Type Office Residential
Total Building Size 102,000 SF
Lot Size 0.5 AC
Building Class B
Year Built 1910
Cap Rate 9.61 %
Tenancy Multiple
Zoning DX-7, Chicago

90 Transit Score

100 Walk Score

                
                    Highlights
                
                                Historic loft building with comprehensive modern upgrades.
                            
                                New elevator systems serve all commercial levels for improved accessibility.
                            
                                Soaring 17-foot sandblasted wood ceilings provide a distinctive interior character.
                            
                                Multiple parking options available, including surface and garage spaces.
                            
                                Secure facility with freight elevator supporting operational flexibility.
                            
                                Easy access to parks, lakefront, major highways, and public transportation.

Property Flyers

1025_1550SIndiana_Brochure_MarcoFederow (2)

Cap Rate:

9.61 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Ashe	2,511 SF
Four Seasons Cleaners	1,016 SF
Le Pettite Foxes	1,950 SF
Maverick Hotels & Restaurants	2,319 SF
Sports & Spine	3,930 SF	12/31/2028
Trade Show Executive	500 SF
United Service Companies	10,708 SF

Amenities

24 Hour Access
Controlled Access
Dry Cleaner
Property Manager on Site
Security System
Storage Space
Atrium
Basement
Central Heating
Common Parts WC Facilities
Demised WC facilities
High Ceilings
Partitioned Offices
Air Conditioning

Public Transportation

Commuter Rail	Drive	Walk	Distance
18th Street Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra))	5 min	11 min	0.6 mi
Museum Campus/11th St Station (South Shore Line - Northern Indiana Commuter Transportation District (South Shore Line))	4 min	15 min	0.7 mi
Airport	Drive	Walk	Distance
Chicago Midway International	17 min	-	9.8 mi
Chicago O'Hare International	32 min	-	19.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	26
Type:	Surface
Included in Rent:	No

Marco Federow 312-805-5626 Lee & Associates

1550 S Indiana Ave Chicago, IL 60605 South Loop