Apartments Condo For Sale • 9,941 SF
| Name | Condo Use | Size | Price | Details |
|---|---|---|---|---|
| 1st Floor - Unit Retail | Retail | 9,941 SF | $800,000 USD | |
DescriptionDiscover 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 NotesJameson 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. |
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| 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. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 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/Subway | Drive | Walk | Distance |
| 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 |
| Airport | Drive | Walk | Distance |
| Chicago Midway International | 18 min | - | 10.4 mi |
| Chicago O'Hare International | 29 min | - | 18.4 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Type: | Surface |
| Included in Rent: | Yes |