400 S Green St

For Sale

400 S Green St, Chicago, IL 60607

This Chicago property for sale is located at 400 S Green St. The general use of 400 S Green St is office and it incorporates 16,706 square feet of class B office space. The current listed sale price for 400 S Green St is $2,990,000.

Contacts

broker

Chad Schroedl

SVN | Chicago Commercial

(312) 756-7329

Property Details

  • Property Type Office - General Office
  • Property Size 16,706 SF
  • Units 6
  • Building Class B
  • Date Updated Mar 18, 2024
The West Loop/Fulton Market is Chicago’s former warehouse district and is among the most rapidly developing neighborhoods in the country and recently ranked by TimeOut as one of the top 20 coolest neighborhoods in the world. Originally a mix of factories, meat markets, and wholesale produce outlets, the neighborhood has seen a major demographic shift over the last decade. The historic brick and timber loft buildings that define the neighborhood have largely been converted to other uses, including a mix of luxury condos, creative offices, art galleries, critically acclaimed restaurants, hotels, and retail boutiques. The area has evolved into a must-see destination for locals and visitors. With new restaurant concepts opening on almost a weekly basis, the area boasts everything from Randolph Street’s Restaurant Row, nine Michelin Star Restaurants, sixteen Michelin Recognized Restaurants and some of Chicago’s most desirable shopping (Lululemon, Uncommon James, Billy Reid, Anthropologie, Allbirds, Free People, among others). The neighborhood’s international reputation continues to grow with the expansion of Google’s Midwest headquarters, and the opening of McDonald’s Global headquarters, Soho House hotel, Nobu Restaurant and hotel, Hoxton hotel, Punch Bowl Social and The Emily Hotel. Other companies calling the West Loop home include Uber, Ernst & Young, WPP, LinkedIn and Twitter.SVN Chicago Commercial has been retained by Ownership to exclusively represent the sale offering of this unique investment property. The property’s ideal West Loop corner location is also in the immediate vicinity of the University of Illinois at Chicago campus (33,000 students) and Illinois Medical District (30,000 employees). The property consists of all six commercial condo units located on the first floor of the 67 residential unit condominium building located at 400 S Green Street. The offering is 30.65% leased with 3 tenants. With anchor tenant 7-Eleven, this property is an ideal value-add investment or owner-user property.

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Highlights

  • 16,706 RSF West Loop corner investment property with stable income and value-add upside available
  • 7-Eleven corner anchor tenant
  • Approximately 5,550 RSF and 6,085 RSF vacancies ideal for owner-user or value-add real estate investors
  • Conveniently located to capture audiences from three major Chicago sub-markets (West Loop, UIC Campus & IMD)
  • Surrounded by an influx of residential development and within
  • Walking distance to Blue Line UIC/Halsted CTA Station

Getting around

  • 95/100

    Walk Score ®

  • 90/100

    Transit Score ®

  • 88/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Chicago, IL
  • Neighborhood Near West Side
  • Zip Code 60607
  • Market Chicago

Points of Interest

  • UIC-Halsted

    0.07 miles

  • UIC-Halsted (Halsted Street)

    0.09 miles

  • UIC-Halsted (Morgan Street)

    0.16 miles

  • Clinton

    0.40 miles

  • Chicago Union Station

    0.52 miles

  • Racine

    0.55 miles

  • Morgan

    0.66 miles

  • Ogilvie Transportation Center

    0.67 miles

  • Clinton

    0.74 miles

  • Quincy

    0.79 miles

  • Shell

    0.20 miles

  • Citgo

    0.54 miles

  • Mobil

    0.64 miles

  • Tesla Supercharger

    0.67 miles

  • BP

    0.95 miles

  • BP

    0.99 miles

  • Mobil

    1.11 miles

  • Costco Gasoline

    1.35 miles

  • BP

    1.36 miles

  • Citgo

    1.37 miles

  • Lot 11

    0.29 miles

  • Lot 1A

    0.34 miles

  • Harrison Street Parking Structure

    0.34 miles

  • Lot 1B

    0.41 miles

  • UIC Halsted Street Parking Structure

    0.42 miles

  • Presidential Towers Garage

    0.46 miles

  • Lot 12

    0.49 miles

  • Parking Garage

    0.50 miles

  • Park 1

    0.68 miles

  • The Site

    0.68 miles

  • Chicago Parthenon Hostel

    0.10 miles

  • Crowne Plaza Chicago West Loop

    0.33 miles

  • Holiday Inn Chicago-Downtown

    0.46 miles

  • NoBu Hotel

    0.59 miles

  • Homewood Suites

    0.59 miles

  • Hyatt House

    0.59 miles

  • Hampton Inn Chicago Downtown West Loop

    0.59 miles

  • Hoxton Hotel

    0.67 miles

  • Canopy by Hilton

    0.73 miles

  • Hilton Garden Inn

    0.73 miles

  • H Mart

    0.23 miles

  • Mariano's Fresh Market

    0.33 miles

  • Target

    0.38 miles

  • Whole Foods Market

    0.44 miles

  • TJ Maxx

    0.65 miles

  • Chicago French Market

    0.67 miles

  • The Maxwell

    0.68 miles

  • Burlington

    0.69 miles

  • Marshalls

    0.70 miles

  • Southgate Market

    0.73 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Chad Schroedl

SVN | Chicago Commercial

(312) 756-7329