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633 S Plymouth Ct
Chicago, IL 60605 South Loop

$800,000 USD

Apartments Condo For Sale  •  9,941 SF

Property Details

  • Property Type Apartments
  • Total Building Size 120,012 SF
  • Lot Size 0.23 AC
  • Building Class C
  • Year Built 1906
  • Zoning DX-12
100 Transit Score
100 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit Retail Retail 9,941 SF $800,000 USD
  • Unit Size: 9,941 SF
  • Condo Use: Retail
  • Price: $800,000 USD
  • Sale Type: Investment
  • Price/SF: $80.47 USD
Description
Discover the vibrant neighborhood surrounding the property at 633 S Plymouth Ct, Chicago, IL, 60605. Located in the heart of Chicago's dynamic South Loop district, this area is a haven for commercial real estate investors. With easy access to major transportation arteries and close proximity to renowned institutions such as the Art Institute of Chicago and Columbia College, this coveted location offers a lively mix of business and culture. Nearby landmarks include Grant Park, the Museum Campus, and the bustling dining and entertainment scene of Printer's Row. Boasting an abundance of amenities, this prime locale promises an enticing blend of urban convenience and entrepreneurial opportunity.

Sale Notes
Jameson Commercial is pleased to present 633 S. Plymouth in Chicago, an excellent opportunity for armchair investors seeking a property with stable income and future upside. This well-located asset features three long-term tenants, each with leases expiring within the next two years, allowing for potential rent adjustments to current market rates. Investors can benefit from strong cash flow while implementing property updates, while users can also consider occupying the space, offsetting costs with rental income. Whether as a passive investment or an owner-occupied building, 633 S. Plymouth offers versatile income potential in a prime Chicago location.

Highlights

Future Upside Through Leasing Strategy as tenant rollover presents opportunities to enhance revenue.
Near-Term Value-Add Potential with all leases expiring within the next two years, creating opportunities to adjust rents to market rates.
Well-Positioned Asset offering a blend of current income, appreciation potential, and operational flexibility.
Versatile Urban Property suited for investors seeking stable returns and long-term growth in one of Chicago's most established business districts.
Owner-Occupant Potential with the ability to offset occupancy costs through existing rental income.

Property Flyers

Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Disposal
  • Fitness Center
  • Laundry Facilities
  • Microwave
  • Heating
  • Tile Floors
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Wi-Fi
  • Bicycle Storage
  • Elevator
  • Dining Room
  • Freezer
  • Handrails
  • Island Kitchen

Public Transportation

Commuter RailDriveWalkDistance
Lasalle Street (Rock Island - Metra) 1 min 8 min 0.4 mi
Van Buren St. (Metra Electric - Metra) 1 min 10 min 0.5 mi
Transit/SubwayDriveWalkDistance
Harrison Station (Red Line - Chicago Transit Authority "L" Trains (The "L")) 0 min 3 min 0.2 mi
Harold Washington Library-State/Van Buren (Brown 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 5 min 0.3 mi
Jackson Station (Blue Line) (Blue Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 6 min 0.4 mi
Lasalle Station (Blue Line) (Blue Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 6 min 0.4 mi
Lasalle/Van Buren Station (Downtown Loop) (Brown 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 8 min 0.4 mi
AirportDriveWalkDistance
Chicago Midway International 18 min - 10.4 mi
Chicago O'Hare International 29 min - 18.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Steven Goldstein 312-840-9002 Jameson Commercial
Steven Goldstein 312-840-9002 Jameson Commercial