700 Green StChicago, IL 60642

Property Details for 700 Green St

Year built

1879

Lot size

0.19 AC

Property size (Sq ft)

20,000 SF

Property type

Office buildings

APN

17-08-213-004

APU

1708213004

Description

This exceptional 3,512 square foot office building in Cook County offers five move-in ready executive suites, perfect for businesses of all sizes. The authentic timber loft style creates a unique and inviting atmosphere. Suite sizes range from a comfortable 413 square feet to a spacious 1,670 contiguous square feet, providing flexibility for various needs. Currently, there is 5,616 square feet of vacant space available for lease. The building boasts updated amenities including a modern lobby, renovated bathrooms, and convenient common areas. Parking is available both on and off-site. Its prime location offers unparalleled access to public transportation, with close proximity to the Metra, Blue Line, and Brown Line 'L' stations. Furthermore, the property enjoys a convenient location near the vibrant Fulton Market and West Loop neighborhoods, and is just one mile from the Loop and a short distance from I-90/I-94, ensuring easy commutes and excellent accessibility. Specific suite sizes include: Lower Level (413 sq ft), Suite 202 (1,320 sq ft), Suite 403 (788 sq ft), Suite 501 (1,425 sq ft), and Suite 502/503 (660-1,670 sq ft). This is an ideal opportunity for businesses seeking a stylish and functional workspace in a highly desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $6,427,430

  6.5%

  $5,933,012

  7%

  $5,509,226

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,605,000

  Geo Method

  $2,605,000

• Alternative Use

  Use

  Valuation

  Residential

  $7,356,936

  Hospitality

  $6,738,913

  Educational

  $5,606,696

  Medical

  $5,799,520

  Retail

  $8,721,528

Location Insight

City

Chicago

County

Cook

State

Illinois

Latitude

41.8953

Longitude

-87.6492

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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