$8,500,000
FL 60601
MLS# A10946475
Status: Closed
125216 sqft
1 / 6
Property Description
The asset is a well maintained parking garage of 407 spaces that can be used/converted into self-storage.It provides a fully enclosed structure with security and monitoring, good illumination, sprinkler system, on-site management, it is heated during Winter.This property offers an investor the opportunity to capitalize on a value-add investment taking advantage of the upsides such as its seclusion, technology update, electrical improvement to welcome charging spots for electrical cars. In addition to convert into a self-storage/warehousing facility in whole or part. With these improvements the asset will serve a community at large in need of storage space, a desirable component in the Chicago Metro Area.This property is being sold “AS-IS”, “WHERE-IS”. Contact for price
Details
Contract Information
Comp Sale YN: No
Listing Date: 2020-10-21
Status: Closed
Original List Price: 16280000
Current Price: $8,500,000
Location and Legal
Country: United States
County Or Parish: Other
County Parish Name: Other
Street Number: 165
Street Direction Prefix: N
Street Suffix: Field
State Or Province: FL
Postal Code: 60601
Area: 5960 - US other than Florida
Geographic Area: Other
Parcel Number: 17104000331001
Directions: Below the 400 E. Randolph building, on the ground level (service level) Contact Listing agent
Property Description: Parking condominium
General Property Information
Property Sub Type: Business
Number Of Units Total: 1
Occupant Type: Call Listing Agent
Building Area Main: 125216
Year Built: 1962
Year Built Details: New Construction
Parking Total: 407
Lot Size Area: 125216
Lot Size Acres: 3
Stories Total: 2
Status Change Information
Major Change Timestamp: 2021-10-05T16:46:21Z
Major Change Type: Status Change
Price Change Timestamp: 2020-10-21T23:35:20Z
Status Change Date: 2021-10-20
Under Contract Date: 2021-06-16
Close Date: 2021-10-05
Close Price: 8500000
Buyer Financing: Cash
Meter Information
Number Of Meters Total: 1
Building and Property Details
# Of Toilets: 1
% Air Conditioned: 100
Improvement Height: 2 Stories
Interior Ceiling Height: 14
Income and Expenses
Real Estate Taxes: 850
Occupancy Percentage: 90
Description of Unit Type 1
Units Total: 407
Furnished: Yes
Buyer Details
Intended Use: Investment
Buyer State: Illinois
Zip Code: 60601
Concessions
Seller Concessions: No
Financial Information
Association Fee: 70
Association Fee Frequency: Monthly
Tax Annual Amount: 850
Tax Year: 2020
Originating Details
Originating System Key: 351783474
Originating System ID: M00000151
Property Features
Building Features: Manager On Premises; Rear Access; Separate Office Area
Business Type: Special Purpose; Other
Ceiling: Ceiling Height Varies; Other
Column Span: Unknown
Common Area Maintenance Includes: Assessment Fees; HVAC Maintenance; Management Fees; Sewer; Water
Documents Available: Bylaws & Documents; Drawings; Existing Survey; Site Plans
Electric: 110 Volts; 200+ Amp Service; Other
Foundation Details: Slab
Heating: Electric
Location of Property: Central Business District; City Location; In Residential Area
Parking Features: Assigned; Covered
Possession: Other
Property Condition: New Construction
Sale Includes: Building; Fixtures; Furniture; Inventory; Land; Machinery; Signs
Special Licenses: Occupational
Zoning Information: Use Conforms To Zoning
Source Of Expenses: Books; Information Limited
Construction Materials: CBS; Concrete Block - No Stucco
Cooling: Central Building; Exhaust Fan
Green Indoor Air Quality: Ventilation
Listing Terms: Cash
Road Frontage Type: City Street
Security Features: Fire Alarm; Fire Sprinkler System; Security Gate; Security Guard; Security Lights; Smoke Detector(s)
Sewer: Public Sewer
Structure Type: Warehouse
Water Source: Public
Showing Requirements: Appointment Only
Contingencies: Inspection
Listing Office: D'Lux Real Estate Services
Last Updated: June - 08 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.