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Listed by Karen Schwartzof Baird & Warner
$5,700,000
Est. payment /mo
2 Beds
6 Baths
21,170 SqFt
New
452 N Morgan Street Chicago, IL 60642
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Key Details
Property Type Single Family Home
Sub Type Detached Single
Listing Status Active
Purchase Type For Sale
Square Footage 21,170 sqft
Price per Sqft $269
MLS Listing ID 12481126
Bedrooms 2
Full Baths 2
Half Baths 8
Year Built 1891
Annual Tax Amount $55,161
Tax Year 2023
Lot Dimensions 8211
Property Sub-Type Detached Single
Property Description
Rare opportunity to own 100% fee-simple interest in a premier mixed-use building at the intersection of Fulton Market and River West. The property offers approximately 19,238 SF, including 8,991 SF of residential loft space across three levels with a private garage, elevator access, and a penthouse rooftop. The ground floor and part of the 2nd floor are leased to FCB Chicago, a global advertising agency (NYSE: IPG), providing a stable income stream with 5+ years remaining on a net lease. Upper levels are currently owner-occupied, offering flexibility as luxury residential, office, or additional rental space. Situated steps from CTA Blue, Green, and Pink lines, major employers, Randolph Street dining, and I-90/94, this property combines prime commercial stability with rare residential potential in one of Chicago's most dynamic neighborhoods.
Location
State IL
County Cook
Rooms
Basement None
Interior
Heating Natural Gas
Cooling Central Air
Fireplace N
Exterior
Garage Spaces 2.0
View Y/N true
Building
Story Other
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Brick
New Construction false
Schools
School District 299, 299, 299
Others
HOA Fee Include None
Ownership Fee Simple
Special Listing Condition None
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Patrick Clarke
Broker | License ID: 471.007683