321 South Jefferson Street

Chicago, IL 60661

$2,150,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

West Loop very desirable location. Restaurant on first floor, 2nd, 3rd, and 4th floors live/work. Beautiful spaces with over 12 foot ceiling heights, architect and designer owned with all the bells and whistles. In unit W/D, full baths, and kitchens.West Loop very desirable location. Restaurant on first floor, 2nd, 3rd, and 4th floors live/work. Beautiful spaces with over 12 foot ceiling heights, architect and designer owned with all the bells and whistles. In unit W/D, full baths, and kitchens.
  1. Listed by Catherine Caravette • CRE Advising, LLC

Property Details for 321 South Jefferson Street

Area
CHI - Near West Side
Township
South Chicago
Num of Interior Fireplaces
0
Zoning
OTHER

Location

Listing Courtesy of CRE Advising, LLC
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LISTING UPDATED: 04/22/2024 12:07 AM

Property Details for 321 South Jefferson Street

StatusActive
MLS #11811754
Days on Market317
Taxes$54,473 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1906
Lot Size0.08 AC / 3,400 SF
CountyCook County

Location

Listing Courtesy of CRE Advising, LLC
Add your commute

Building Information for 321 South Jefferson Street

Stories-Residences4Year Built1906Lot Size0.08 AC / 3,400 SF

Payment Calculator

$16,273 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,733

Property Taxes

$4,539

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 321 South Jefferson Street

General Information
Addtl Parking Information
  • Outdoor Parking: Parking-Street
  • Open Parking Spaces: 0.0
Location and General Information
  • Frontage Type: City Street
  • Geographic Locale: East/West Corridor
  • Information: List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air, Central Individual
  • Electric: Circuit Breakers, Service - 101 to 200 Amps, Service - 201 to 600 Amps, Three Phase
  • Flooring: Carpet, Tile, Wood
  • # Of Washers: 3
  • Heat/Ventilation: Central Heat/Indiv Controls,Forced Air,Gas,Operable Windows/Systems Vary-Call List Agt
  • # Of Refrigerators: 3
  • Washer/Dryer Lsd: No
  • Misc Inside: Common Meeting Room/s,Employee Kitchen,Heavy Floor Load,Multi-Tenant,Private Restroom/s,Basement,Laundry Room
  • # Of Dryers: 3
  • # Of Disposals: 1
  • # Of Dishwashers: 4
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 3
Utilities / Equipment
  • Utilities: Sanitary Sewer
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Operating Stops, Taxes, Insurance, Repairs, Scavenger, Varies by Tenant
  • Built Before 1978: Yes
  • Approximate Age: New Rehab
  • Lot Dimensions: 25X125
  • Lot Size Square Feet: 3400.0
  • Stories: 4
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Type: Reflective Coating, Rubber
  • Fire Protection: Fire Extinguisher/s,Carbon Monoxide Detector(s)
  • Roof Structure: Flat
  • Foundation Details: Brick/Mortar, Concrete Perimeter
  • Building Area Total: 13600
  • # Of Offices: 3
  • Office SqFt: 3400
  • Retail SqFt: 3400
  • # Of Ranges: 2
  • # Of Stores: 1
  • Property Sub Type: Mixed Use
Property and Assessments
  • Possible Use: Commercial, Office and Research, Retail
  • Buyer Financing: Conventional
  • Docks: Exterior,Service Entrance
  • Public Document Count: 0
  • Photos Count: 11
Miscellaneous
  • Current Use: Commercial
  • Location: Mixed Use Area,High Traffic Area
Virtual Tour/Additional Media
  • Virtual Tour: Image360
  • Virtual Tour YN: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
Income & Expenses
  • Electric Expense: $3,200.00
  • Fuel Expense: $.00
  • Gross Income: $279,000.00
  • Gross Scheduled Income: $279,000.00
  • Insurance Expense: $15,700.00
  • Electric Expense Source: Owner Projection
  • Expense Year: 2022
  • Total Annual Expense Source: Owner Projection
  • Fuel Expense Source: Owner Projection
  • Insurance Expense Source: Owner Projection
  • Other Expense Source: Owner Projection
  • Trash Expense Source: Owner Projection
  • Total Monthly Income: 23250
  • Water Expense Source: Owner Projection
  • Net Operating Income: $193,427.00
  • Operating Expense: $85,573.00
  • Other Expense: $3,200.00
  • Trash Expense: $3,800.00
  • Water Sewer Expense: $2,400.00

Property History for 321 South Jefferson Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 321 South Jefferson Street

Taxable ValueLand$13,515Additions$106,265Total$119,780
Tax Record2020$26,772 ($2,231 / month)
Home Facts
Baths6Total Finished SqFt14,300 SqFtAbove Grade Finished SqFt14,300 SqFtStories3Lot Size3,975 SqFtStyleMulti-Family Res (5+ Units)Year Built1906CountyCOOKAPN17-16-119-008

Schools near 321 South Jefferson Street

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - K to 12
Charter - K to 12
Rating
School
Distance
Skinner Elementary School
PublicPK to 8

Wells Community Academy High School
Public9 to 12

Chicago Virtual Charter School
CharterK to 12

Uno Network Charter School
CharterK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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321 South Jefferson Street is a mixed use property for sale in Chicago, IL 60661. This property was listed for sale on June 19, 2023 by CRE Advising, LLC, it's currently listed at $2,150,000. This listing's school district is City Of Chicago School District 299. Nearby schools include Skinner Elementary School, Wells Community Academy High School and Chicago Virtual Charter School. 321 South Jefferson Street is a 0-bed, 0-bath, mixed use property built in 1906.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CRE Advising, LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.