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400 E Randolph Street Chicago, IL 60601 • Commercial - Retail • Active

  • 400 E Randolph Street, Unit 2NDFLOOR6B, Chicago, IL 60601 Main Photo

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Description

LAKE VIEWS from this 3,750 sq ft condo (commercial or residential) with private entrances - ONLY 213 PER SQ FT --Rare opportunity w lake views. New Eastside/ Lakeshore East MIXED USE OR 1 USE-As-Is Ready or develop the property-CITY ZONING LETTER AVAILABLE-Commercial / RESIDENTIAL / MIXED LIVE-WORK / SERVICES / OVERNIGHTS / *SEE ZONING LETTER - 3,750 sq ft divided into 8 areas. Can divide tax PINs and sell off or lease out - MANY possibilities, ready to be developed or used as-is. Rare opportunity to own your own commercial space within the PUD #70 (Planned Unit Development) The unit has three entrances/exits, a semi-private entry, a semi-private elevator, and private stairs. It also has wraparound windows with three exposures. 5 toilets, 7 sinks included in a currently small kitchen, maintenance closet and three bathrooms. Great spa - hair - nails- medical - imaging - office -Kitchen and bathroom capable - Currently commercial can be converted to full residential or split as mixed. We have an advisory letter from Chicago City Zoning of what is zoned capable. Owners have the right to use the building amenities. Building amenities include a 5-star resort-like health club and spa. Basketball, racquetball, ping-pong, free weights, machine weights, cardio, winter garden, child's playroom, famous geodesic year-round sunny pool, saunas, and steam rooms. A new multi-function room with an open kitchen and media space. Parking is 220/mo reserved. Discounted parking tickets are sold to owners to sell/give to clients and customers. 8 FOR 12-hour parking. Dog friendly. Visiting guests/clients may come through the main building lobby and check in with the front desk, OR enter a semi-private entrance for direct access. There are unlimited possibilities of use! HOA /mo 3,576 includes heat, a/c, gas, amenities, pool, health club, spa, lounge, conference room. Currently used as a day care, property may be converted to residential or get approval for an Airbnb-type set up. Zoned for almost all. See zoning letter. Showings only on weekends or after 6:00pm daily. There are two grocery shopping options, either Bockwinkel's Harbor Market (across the street) or a 2-story Mariano's grocery store with good prices and a plethora of item options for your daily shopping needs. Very friendly building with lots of social activities and events such as a book club, world affairs club, bingo, summer picnic, children's Halloween party, children's holiday party, and a resident holiday party, to name a few. Great Outer Drive East community in the New Eastside neighborhood. Nestled in the New Eastside neighborhood is Lakeshore East Park. This 6-acre oasis in the neighborhood's nucleus includes large grassy areas, a children's playlot, and a dog park. Maggie Daley Park is across Randolph Street and incorporates tennis courts, a children's activity area, park district facilities with programming, the famous ribbon ice skating rink, mini-golf, and professional outdoor climbing walls. Millennium Park is a block away from all the world-famous music venues, including the Grant Park Orchestra, Saturday morning exercise classes, and outdoor movies in the summer. Located in the New Eastside neighborhood, this prestigious condo is just moments away from fine dining, upscale shopping, the lake and harbor, and cultural landmarks. Experience the pinnacle of luxury living in a residence that offers both serenity and sophistication. 30-minute free parking for showings, guests, and deliveries.

Property Highlights

Property Type: Commercial - Retail
Building Description: 40.0 stories
Year Built: 1963
Lot Size: 3.58 acres

General Information

County: Cook
Listed By:
Berkshire Hathaway HomeServices Chicago 312-540-9000
MRED MLS
$800,000
Est. $5,604/mo
Active
SQUARE FEET3,750 MLS#12754162
STATUSActive PROPERTY TYPECommercial - Retail

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400 E Randolph Street, Unit 2NDFLOOR6B, Chicago, IL 60601.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $800,000$800,000$800,000
Down Payment $160,000$28,000$200,000
Monthly Mortgage Amount $4,258$5,226$5,227
Taxes $1113$1113$1113
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$352$0
Monthly Estimated Total $5,604$6,924$6,573

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