210_s_desplaines

Prime location at the corner of Adams and DesPlaines. This site is conveniently located in the
West Loop, overlooking the Kennedy expressway with exposure to 250,000+ vehicles per day
with easy freeway on/off access. It is directly across the street from Chicago's oldest historic
landmark, Old St. Patrick’s Church, its new school and a new city park. It is 1 block from
Presidential Towers, 1 block from Greektown and 3 blocks from Northwestern and Union train
stations.

Commercial Space:
This space is on the lower level at the base of a recently redeveloped 22-story mixed-use loft
building with 224 residential condos above the commercial space. The space offers the
following features:

approx. 2,548 SF.
13’ ceilings with 3’ high clerestory windows around over 100’ of exterior frontage for
outstanding light.
Solid concrete construction and predominantly below-ground location (floor is 10’ below
ground) minimizes noise transmission and provides outstanding insulation.
DX-12 zoning allows an extremely wide range of uses.
Food uses that require the use of “black iron”, bars, taverns and liquor stores are not
permitted by the condo declarations
Extremely low heating/cooling and CAM costs.
Handicap access either through main building lobby or garage access.
Right to install dedicated street-level entry stair at NE corner of building.
Potential access to condo association bathrooms and meeting room on lower level (rental
arrangement must be worked out with condo association).

This space would be ideal for technology offices, artist workshops or specialty showroom uses.

Delivery Condition:
Raw concrete shell with hot water supply for heating but no A/C. Buyer will be responsible
for all build-out costs including installation of electrical, plumbing and HVAC systems and a
new street-level entry.

ZONING:
DC-12 (almost any commercial or restaurant use permitted)

PARKING:
Up to 17 parking spaces for sale in garage
2 public parking lots within a block and extensive metered street parking.

DELIVERY CONDITION:
Raw shell. Buyer will be responsible for cost of installing HVAC, plumbing and electrical
distribution.

SALES PRICE
$275,000
2 garage parking spaces available for $15-$20,000 ea.

Real Estate Taxes
Fully assessed taxes are estimated at approx. $13,000 ($5.00/SF)

CAM & TAXES
Building insurance and common area maintenance (CAM) expenses are estimated at
approximately $0.12/SF ($25/mo).

AVAILABILITY
Immediate