555 Jackson Boulevard, Chicago, IL, 60661

$18,681,854

About 555 Jackson Boulevard

Absolutely magnificent opportunity to own a 51 unit apartment building/hotel in the heart of the West Loop Gate. This was an office suites building that has been completely taken down to the brick, Timber Loft Building. Special attention has been accounted for, a completely furnished with warm modern feel as a class A Building. The building will be completely occupied by Sonder Hospitality mid to late February, 2023. The lease runs for 10 years with 2, 5-year options. 3% increases in rent year to year, compounding and perpetual. Unbelievable piece of property and exceptional lease with thriving multi national Hospitality Company, Sonder.

Additional Information: This property is located in the Confidential Commercial Listings neighborhood, IL. This 0 bedrooms multi family 5+ property is priced at $18,681,854.

Facts & Features

MLS® # 11677156
Price $18,681,854
Bathrooms 0.00
Taxes $209,237
Acres 0.00
Year Built 1955
Type Commercial Sale
Sub-Type Multi Family 5+
Status Active

Community Information

Address 555 Jackson Boulevard
Area Confidential Commercial Listings
City Chicago
County Cook
State IL
Zip Code 60661

Amenities

Parking Spaces 16
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Days on Market 9
Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $209,237

Listing Details

OfficeOne Chicago Realty, LLC

Listing Map

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