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Mario Bilotas

mario@fourdaughtersrealestate.com +1(847) 910-5022

$ 4,000,000

Est. payment -/mo

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Price Dropped by $500K

1732 W Hubbard ST Chicago, IL 60622

23,500 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Office/Tech

Listing Status Active

Purchase Type For Sale

Square Footage 23,500 sqft

Price per Sqft $170

MLS Listing ID 12587922

Year Built 1914

Annual Tax Amount $115,041

Tax Year 2024

Lot Dimensions 75x113

Property Sub-Type Office/Tech

Property Description

1732 W Hubbard presents a rare opportunity to acquire a well-maintained, multi-tenant 3-story office building with both immediate income and long-term upside. Positioned in the heart of Chicago's thriving West Loop / Fulton Market corridor, the property benefits from strong surrounding residential and commercial demand, convenient access to downtown, major expressways, and public transit. Spanning approximately 25,000+ square feet across three levels, the property offers a flexible layout suited for a variety of office, creative, or service-based users. The building is currently partially leased, generating in-place income with established tenants, while still offering significant vacancy for an owner-user or investor to customize and maximize returns. The layout allows for demising or full-floor users, making it equally attractive for investors seeking stabilized cash flow or businesses looking to occupy while offsetting expenses with rental income. This is a strategic acquisition for those looking to plant a flag in one of Chicago's most dynamic and evolving submarkets.

Location

State IL

County Cook

Area Chi - West Town

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Office/Tech

Listed by Michelle Schroeder of Berkshire Hathaway HomeServices Chicago

Nearby School & Business

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MY BLOGS

Vacant Land Scams are REAL

About 6 months ago, I received an email from (let’s call him) Charlie. A “nothing out of the ordinary” email from a common (and mildly validating) charlie…..@hotmail stating: “I have owned the lot for many years, but a couple of years ago I moved from Illinois to California, and I would like to sell

THE FRONT PORCH SWING

Oh, the memories. I remember my girls spending countless hours swinging front to back and side to side, hanging out with the neighborhood kids, splashing with the water hose, or crafting top-secret plans with their imaginations. It was awesome. How times have changed. With my two youngest girls slow

less is more, unless, it’s for less.

I hated looking for matching socks. Every day, my job required me to remove shoes at nearly every doorstep, and matching my socks was a daily frustration. Each day, I’d get my MLS home showing sheets ready, the electronic key card that opens lock-boxes, get dressed with minutes turning into seconds

Contact Us

Phone

+1(847) 910-5022

mario@fourdaughtersrealestate.com

Address

205 W. Miner Street, Arlington Heights, IL, 60005, USA