75 E 16th Street Unit 1
Chicago, IL 60616

Status: Active
Townhouse or Condo
1 beds
1 baths
1,100 sq.ft
Listing Price: $375,000
Gallery single image view Gallery grid view Street view Map view

About this home

Ground floor condominium in the booming South Loop neighborhood of Chicago. Currently occupied by the very popular 16th Street Bar & generating strong annual revenue. Licensed and approved for liquor sales. Amply plumbed & can be easily converted to any retail or medical use. This approximately 1, 100 square foot space features stylish design, herringbone pattern wood flooring, stylish fixtures, attached bar, two restrooms, three compartment sink, slop sink, storage, pantry, utility closet & spacious open floor plan with frontage along E 16th & excellent visibility. Can be delivered vacant subject to current lease &/or in vanilla box condition. Location boasts strong demographics and booming population. Walk score and transit score of 100! Walkers & Riders Paradise. Average annual household income within 1 mile is $132, 834. Average retail rent is $29.56 and vacancy rate is 7.5%. Annual Consumer spending within 1-mile is $923, 149, 736. Why rent when you can Buy.

Property details

Interior Features
Additional Rooms None
Square Feet 1,100
Square Feet Source Estimated
Basement Description None
Basement None
Bedrooms Count 1
Bedrooms Possible 1
Disability Access and/or Equipped No
Baths Count 2
Baths Half Count 2
Total Rooms 1
Floor Level G
Rooms
room 1
Level N/A
room 2
Level N/A
room 3
Level N/A
room 4
Level N/A
room 5
Level N/A
room 6
Level N/A
room 7
Level N/A
room 8
Level N/A
room 9
Level N/A
room 10
Level N/A
room 11
Type Bedroom 2
Level N/A
room 12
Type Bedroom 3
Level N/A
room 13
Type Bedroom 4
Level N/A
room 14
Type Dining Room
Level N/A
room 15
Type Family Room
Level N/A
room 16
Type Kitchen
Level N/A
room 17
Type Laundry
Level N/A
room 18
Type Living Room
Level N/A
room 19
Type Master Bedroom
Level Main
Dimensions 10X10
Bath None
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 21-25 Years
Approx Year Built 2000
Exterior Building Type Brick
Parking None
Rehab Year 2020
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Air Conditioning Central Air
Area Major CHI - Near South Side
Corporate Limits Chicago
Directions Turn Righ onto E 16th from Michigan Ave
Elementary Sch Dist 130
Heat/Fuel Other
High Sch Dist 130
Sewer Other
Water Public
Jr High/Middle Dist 130
Township South Chicago
Property / Lot Details
Lot Dimensions COMMON
Lot Size Source County Records
Number of Stories 4
Ownership Condo
Number Of Units in Building 4
Type Attached Condo
Property Type Attached Single

Financials

Investment Profile Residential

Tax/Assessments/Liens

Frequency Not Applicable
Assessment Includes None
Master Association Fee Frequency Not Required
PIN 17223010571005
Special Assessments U
Taxes $4,898
Tax Year 2022
$375,000 Listing Price:
MLS # 11983547
Investment Profile Residential
Listing Market Time 94 days
Basement None
Number of Units in Building 4
Type Attached Condo
Parking None
Pets Allowed No
List Date 02/16/2024
Year Built 2000
Request Info
By pressing Request Info, you agree that ILFLS and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. Message/data rates may apply. You also agree to our Terms of Service.
Price history
Loading price history...