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2037 S Indiana Avenue

Chicago, IL 60616
  • $595,000
  • STATUS: Active
  • ON SITE: 124 Days
  • MLS #: 12471618
UPDATED: 97 min ago
$595,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2007
County:
Area:

School Ratings & Info

Description

Rarely available, street-level commercial condominium in the heart of Chicago's vibrant South Loop! Just minutes from McCormick Place, major residential towers, and exciting new developments, this versatile space offers outstanding visibility and limitless potential for a wide range of businesses. Currently built out as a professional Title Company/Attorney real estate office, the space features private offices, conference rooms, a kitchenette and two bathrooms. Recent updates include new lighting, hardwood flooring, fresh paint, and HVAC (2025). Previously utilized as a spa, the property's flexible zoning allows for nearly all business types-making it ideal for a coffee shop, restaurant, retail storefront, professional office, or service business. Income-Producing Investment Opportunity: Strong lease in place at $5,100/month through June 2026, Immediate cash flow with future owner-user potential, Prime location with steady pedestrian and vehicle traffic. With its unbeatable location, modern build-out, and solid lease income, this South Loop commercial condo offers both immediate returns and long-term flexibility-a smart move for investors or entrepreneurs looking to establish a presence in one of Chicago's most dynamic neighborhoods.

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© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Leila Keene & Marjorie Allabastro Team | Baird & Warner. Based on information submitted to the MRED as of 2026-02-16T13:19:08.907 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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2037 S Indiana Avenue Chicago, IL 60616

  • Price: $595,000
  • Status: Active
  • On Site: 124 Days
  • Updated: 97 min ago
  • MLS #: 12471618
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2007
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
Rarely available, street-level commercial condominium in the heart of Chicago's vibrant South Loop! Just minutes from McCormick Place, major residential towers, and exciting new developments, this versatile space offers outstanding visibility and limitless potential for a wide range of businesses. Currently built out as a professional Title Company/Attorney real estate office, the space features private offices, conference rooms, a kitchenette and two bathrooms. Recent updates include new lighting, hardwood flooring, fresh paint, and HVAC (2025). Previously utilized as a spa, the property's flexible zoning allows for nearly all business types-making it ideal for a coffee shop, restaurant, retail storefront, professional office, or service business. Income-Producing Investment Opportunity: Strong lease in place at $5,100/month through June 2026, Immediate cash flow with future owner-user potential, Prime location with steady pedestrian and vehicle traffic. With its unbeatable location, modern build-out, and solid lease income, this South Loop commercial condo offers both immediate returns and long-term flexibility-a smart move for investors or entrepreneurs looking to establish a presence in one of Chicago's most dynamic neighborhoods.
Exterior Features

Foundation Details Concrete Perimeter Frontage Type City Street Water Drainage Storm Sewers

Interior Features

Cooling Central Air Flooring Wood Heat Ventilation Gas Miscellaneous Inside Elevator/s PassengerPrivate Restroom/s Number Of TLDocks 0

Property Features

Additional Parcels YN Yes Building Area Total 130000 Current Use Commercial Electric Circuit BreakersService - 0 to 100 Amps Fire Protection Fire Extinguisher/sSmoke or Fire ProtectorsStand Pipe Gross Income 61200 Gross Scheduled Income 61200 Leasable Area 1786 Location Central Business District Mls Actual Status Active Net Operating Income 0 Operating Expense 0 Property Offered For Sale Only Property Sub Type Neighborhood Storefront Tax Annual Amount 17982 Tax Year 2023 Tenant Pays Varies by Tenant Total Monthly Income 5100 Township South Chicago Type Retail/Stores Utilities Electricity AvailableNatural Gas AvailableSewer Connected Water Source Municipal Water Zoning RTAIL

Listing information © 2026 Midwest Real Estate Data LLC.
Listing provided courtesy of Compass: 312-319-1168.


© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Leila Keene & Marjorie Allabastro Team | Baird & Warner. Based on information submitted to the MRED as of 2026-02-16T13:19:08.907 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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Chicago IL, 60642