Four-story, River North, heavy timber loft building. Stable cash flow with long-term tenants or DX-7 zoning provides a rare development opportunity. The building can have an additional two (2) stories added on top which increases the cash flow, or, can be an incredible owner's unit. Current tenants include an excellent Italian restaurant, a dental office, a general office and a former architect's space that is currently available if the purchaser wants to be an owner occupant. Tax appeal in process.
Listed by:
Coldwell Banker Realty
Date | Days Ago | Event | New Price |
---|---|---|---|
Nov 13, 2023 | 5 mos ago | Price decreased550,000 (13%) | $3,750,000 |
Apr 26, 2023 | 12 mos ago | Price decreased50,000 (1%) | $4,300,000 |
Apr 25, 2023 | 12 mos ago | Price decreased599,000 (12%) | $4,350,000 |
Mar 8, 2023 | 1 yr ago | Price increased101,000 (2%) | $4,949,000 |
Mar 8, 2023 | 1 yr ago | New on market | $4,848,000 |