75 Harrison StChicago, IL 60605

Property Details for 75 Harrison St

Lot size

2.15 AC

Property size (Sq ft)

93,750 SF

Property type

Retail properties

Property subtype

Other specialty properties

Description

This exceptional investment opportunity presents a 93,750-square-foot, 220-stall underground parking garage located at 75 W Harrison St in Chicago's vibrant South Loop neighborhood. The single-story facility sits beneath a mixed-use development known as Printers Square, offering convenient access to nearby residential, commercial, and entertainment venues. Its prime location on W Harrison Street ensures high traffic and accessibility. The garage benefits from minimal utility costs, as building-paid services include heating, electricity, and exhaust systems. The building also maintains elevators, access points, and handles trash removal. The garage itself maintains ticketing and payment machines, along with ingress and egress garage doors. This leasehold interest is situated on a 2.15-acre lot and operates under a 99-year lease. The surrounding area boasts significant redevelopment, transforming from industrial spaces into a thriving mixed-use neighborhood. The property's proximity to over 4,500 residential units, including 355 units directly above, and its location across the street from the US Passport Agency and Immigration Office, guarantees consistent demand. The zoning is DX-12. This is a rare opportunity to acquire a well-maintained, high-demand parking facility in a rapidly growing area of Chicago.

Location Insight

City

Chicago

County

Cook

State

Illinois

Latitude

41.8745

Longitude

-87.63

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