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400 E Randolph St
Chicago, IL 60601 Lakeshore East

$158,000 USD

Apartments Condo For Sale  •  950 SF

Property Details

  • Property Type Apartments
  • Total Building Size 1,368,143 SF
  • Lot Size 2.45 AC
  • Building Class B
  • Year Built 1963
  • Zoning PUD70
100 Transit Score
95 Walk Score

1 Unit Available

Name Condo Use Size Price Details
7th Floor - Unit 717 Office 950 SF $158,000 USD
  • Unit Size: 950 SF
  • Condo Use: Office
  • Price: $158,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $166.32 USD
Description
NEWLY RENOVATED OFFICE - professional offices /medical /workshop/- pilates - yoga - warehouse - design center - Commercial condo in the Outer Drive East Condominium building. Lake View -The unit has been completely gutted, concrete to concrete - drywall/plaster to drywall/plaster: new lights, new ceilings, new floors, newly resurfaced walls, new LVP flooring. Owners have the right to use the building amenities. Building amenities include a 5-star "resort-like" health club and spa. Basketball, racquetball, ping-pong, free weights, machine weights, cardio, winter garden, child's playroom, famous geodesic year-round sunny pool, saunas, and steam rooms. Building amenity features new multi-function room with an open kitchen and media space. Property has a covenant of a "do not compete" regarding real estate services. Parking is 220/mo reserved and (4) people have full use of amenities. Discounted parking tickets are sold to owners to sell/give to clients and customers. Zoning advisory letter in documents. Zoned for almost anything. ask attorney to review zoning letter.

Description

LAKE VIEWS from this 3,750 sq ft condo (commercial or residential) with private entrances - ONLY 210 PER SQ FT --Rare opportunity w lake views. New Eastside/ Lakeshore East MIXED USE OR 1 USE-"As-Is Ready" or develop the property-CITY ZONING LETTER AVAILABLE-Commercial / RESIDENTIAL / MIXED LIVE-WORK / SERVICES / OVERNIGHTS / *SEE ZONING LETTER - 3,750 sq ft divided into 8 areas. Can divide tax PINs and sell off or lease out - MANY possibilities, ready to be developed or used as-is. Rare opportunity to own your own commercial space within the PUD #70 (Planned Unit Development) The unit has three entrances/exits, a semi-private entry, a semi-private elevator, and private stairs. It also has wraparound windows with three exposures. 5 toilets, 7 sinks included in a currently small kitchen, a maintenance closet, and three bathrooms. Great spa - hair - nails- medical - imaging - office -Kitchen and bathroom capable - Currently commercial can be converted to full residential or split as mixed. (Purchaser's responsibility to verify) We have an advisory letter from Chicago City Zoning of what is zoned capable. Owners have the right to use the building amenities. Building amenities include a 5-star "resort-like" health club and spa. Basketball, racquetball, ping-pong, free weights, machine weights, cardio, winter garden, child's playroom, famous geodesic year-round sunny pool, saunas, and steam rooms. A new multi-function room with an open kitchen and media space. Parking is 220/mo reserved. Discounted parking tickets are sold to owners to sell/give to clients and customers. 8 FOR 12-hour parking. Dog friendly. Visiting guests/clients may come through the main building lobby and check in with the front desk, OR enter a semi-private entrance for direct access. There are unlimited possibilities of use! HOA /mo 3,576 includes heat, a/c, gas, amenities, pool, health club, spa, lounge, conference room. Currently used as a day care, property may be converted to residential.  Zoned for almost all. See zoning letter. Showings only on weekends or after 6:00pm daily. There are two grocery shopping options, either Bockwinkel's Harbor Market (across the street) or a 2-story Mariano's grocery store with good prices and a plethora of item options for your daily shopping needs. Very friendly building with lots of social activities and events such as a book club, world affairs club, bingo, summer picnic, children's Halloween party, children's holiday party, and a resident holiday party, to name a few. Great Outer Drive East community in the New Eastside neighborhood. Nestled in the New Eastside neighborhood is Lakeshore East Park. This 6-acre oasis in the neighborhood's nucleus includes large grassy areas, a children's playlot, and a dog park. Maggie Daley Park is across Randolph Street and incorporates tennis courts, a children's activity area, park district facilities with programming, the famous ribbon ice skating rink, mini-golf, and professional outdoor climbing walls. Millennium Park is a block away from all the world-famous music venues, including the Grant Park Orchestra, Saturday morning exercise classes, and outdoor movies in the summer. Located in the New Eastside neighborhood, this prestigious condo is just moments away from fine dining, upscale shopping, the lake and harbor, and cultural landmarks. Experience the pinnacle of luxury living in a residence that offers both serenity and sophistication. 30-minute free parking for showings, guests, and deliveries.

Highlights

Large space on second floor with lake views
Private and semi-private entrances
Zoned for residential or commercial or mixed

Financial Summary

Total Expenses: $0 USD

Major Tenants

Tenant SF Occupied Lease End Date
Adelfia LLC
Belvedere Financial
Berkshire Hathaway HomeServices Chicago
Capt Al's Charter Boat Fleet
Corporate Event Interactive
Fido-To-Go 11/14/2021
Let It Grow LLC 12/31/2017
Smart Love Press
The 400 Condominium Association
Urban Real Estate

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Concierge
  • Dishwasher
  • Disposal
  • Fitness Center
  • Pool
  • Sauna
  • Security System
  • Storage Space
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Elevator
  • Maintenance on site
  • Sundeck
  • Built-In Bookshelves
  • Wet Bar

Public Transportation

Commuter RailDriveWalkDistance
Chicago Millennium Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra), South Shore Line - Northeast Illinois Regional Commuter Railroad (Metra)) 2 min 7 min 0.4 mi
Van Buren Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra), South Shore Line - Northeast Illinois Regional Commuter Railroad (Metra)) 3 min 14 min 0.8 mi
Transit/SubwayDriveWalkDistance
Randolph/Wabash Station (Downtown Loop) (Brown Line - Chicago Transit Authority "L" Trains (The "L"), Green Line - Chicago Transit Authority "L" Trains (The "L"), Orange Line - Chicago Transit Authority "L" Trains (The "L"), Pink Line - Chicago Transit Authority "L" Trains (The "L"), Purple Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 10 min 0.5 mi
Lake Station (Red Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 11 min 0.6 mi
Madison/Wabash Station (Downtown Loop) (Brown Line - Chicago Transit Authority "L" Trains (The "L"), Green Line - Chicago Transit Authority "L" Trains (The "L"), Orange Line - Chicago Transit Authority "L" Trains (The "L"), Pink Line - Chicago Transit Authority "L" Trains (The "L"), Purple Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 13 min 0.7 mi
State/Lake Station (Downtown Loop) (Brown Line - Chicago Transit Authority "L" Trains (The "L"), Green Line - Chicago Transit Authority "L" Trains (The "L"), Orange Line - Chicago Transit Authority "L" Trains (The "L"), Pink Line - Chicago Transit Authority "L" Trains (The "L"), Purple Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 13 min 0.7 mi
Adams/Wabash Station (Downtown Loop) (Brown Line - Chicago Transit Authority "L" Trains (The "L"), Green Line - Chicago Transit Authority "L" Trains (The "L"), Orange Line - Chicago Transit Authority "L" Trains (The "L"), Pink Line - Chicago Transit Authority "L" Trains (The "L"), Purple Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 15 min 0.8 mi
AirportDriveWalkDistance
Chicago Midway International 20 min - 12.0 mi
Chicago O'Hare International 29 min - 18.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 150
Type: Surface
Included in Rent: Yes
Shelley Stunard 312-540-9000 Berkshire Hathaway HomeServices Chicago
Shelley Stunard 312-540-9000 Berkshire Hathaway HomeServices Chicago