16
Map
$329,900
●
Condo -
For Sale
1355 W Washington Boulevard #1
Chicago, IL 60607
Studio
0 Bath
$2,372
Est. Monthly
3.49%
Cap Rate
About This Property
Prime West Loop commercial condo available for sale or lease! This
958 SF office/retail space is move-in ready and includes one deeded
garage parking space. The current lease runs through August 2026,
offering flexibility for investors or future owner-users. Zoned
C1-3, the space allows for a wide variety of office and retail
uses, making it ideal for entrepreneurs, professionals, or small
businesses looking to establish themselves in one of Chicago's most
vibrant neighborhoods. Conveniently located near
restaurants, retail, public transportation, and all that the West
Loop has to offer. Bring your ideas and vision-this versatile space
offers incredible potential. Schedule your appointment
today and come be impressed!
Unit Size
-
Days on Market
-
Land Size
0.02 acres
Price per sqft
-
Property Type
Condo
Property Taxes
$752
HOA Dues
-
Year Built
-
Listed By
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Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
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Income Per Year
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Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Property Highlights
Garage
Parking Available
Elevator
Air Conditioning
Exterior Details
Has Property Attached
Year Built: 2006
Lot Size Area: 985
Lot Size Units: Square Feet
Lot Size Acres: 0.023
Lot Size Square Feet: 985
Lot Size Dimensions: COMMON
Financial Details
Tax Annual Amount: $9,024
Utilities Details
Cooling Type: Central Air
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/10/2026
|
Studio
|
-
|
-
|
$344,999
Studio
-
|
-
-
|
Maria Gutierrez
Golden City Realty, Inc.
| |
|
03/28/2025
|
3 Bed
|
2 Bath
|
2100 ft²
|
$750,000
3 Bed
2 Bath
2100 ft²
|
-
-
|
Artur Barkan
KOMAR
| |
|
09/26/2025
|
3 Bed
|
2 Bath
|
-
|
$965,000
3 Bed
2 Bath
|
$918,000
-4.87%
11/21/2025
|
Dawn McKenna
Coldwell Banker Realty
| |
|
06/18/2025
|
1 Bed
|
1 Bath
|
1050 ft²
|
$390,000
1 Bed
1 Bath
1050 ft²
|
-
-
|
Carlton Buck
Keller Williams - Naperville
| |
|
03/26/2025
|
1 Bed
|
1 Bath
|
1050 ft²
|
$375,000
1 Bed
1 Bath
1050 ft²
|
$385,000
+2.67%
05/21/2025
|
Rita Kerins, GRI
@properties Christie's International Real Estate
| |
|
03/06/2025
|
2 Bed
|
2 Bath
|
1500 ft²
|
$665,000
2 Bed
2 Bath
1500 ft²
|
$694,250
+4.40%
06/26/2025
|
Shaina Ansari
Jameson Sotheby's Int'l Realty
| |
|
02/05/2025
|
3 Bed
|
2 Bath
|
-
|
$725,000
3 Bed
2 Bath
|
$725,000
04/14/2025
|
Sophia Klopas
Berkshire Hathaway HomeServices Chicago
| |
|
05/22/2024
|
3 Bed
|
2 Bath
|
-
|
$774,900
3 Bed
2 Bath
|
-
-
|
Jason Vondrachek
Quest Realty Group LLC
| |
|
03/05/2024
|
2 Bed
|
2 Bath
|
1400 ft²
|
$649,000
2 Bed
2 Bath
1400 ft²
|
$680,000
+4.78%
04/22/2024
|
Mark Kowalik
Baird & Warner
| |
|
03/22/2022
|
2 Bed
|
2 Bath
|
1500 ft²
|
$510,000
2 Bed
2 Bath
1500 ft²
|
$535,000
+4.90%
05/31/2022
|
Melanie Giglio
Compass
| |
|
03/16/2022
|
2 Bed
|
2 Bath
|
1500 ft²
|
$599,500
2 Bed
2 Bath
1500 ft²
|
$590,000
-1.58%
05/16/2022
|
Nick Nastos
Fulton Grace Realty
| |
|
05/13/2021
|
3 Bed
|
2 Bath
|
-
|
$750,000
3 Bed
2 Bath
|
-
-
|
-
| |
|
02/21/2021
|
Studio
|
-
|
-
|
$248,000
Studio
-
|
$248,000
02/21/2021
|
Tuyen Nguyen
Chicago Real Estate Resources
| |
|
06/18/2020
|
2 Bed
|
2 Bath
|
1250 ft²
|
$479,990
2 Bed
2 Bath
1250 ft²
|
-
-
|
-
| |
|
02/20/2020
|
1 Bed
|
2 Bath
|
1050 ft²
|
$369,900
1 Bed
2 Bath
1050 ft²
|
-
-
|
-
| |
|
05/16/2019
|
2 Bed
|
2 Bath
|
1400 ft²
|
$575,000
2 Bed
2 Bath
1400 ft²
|
-
-
|
-
| |
|
04/18/2019
|
2 Bed
|
2 Bath
|
1500 ft²
|
$559,000
2 Bed
2 Bath
1500 ft²
|
-
-
|
-
| |
|
01/14/2019
|
3 Bed
|
2 Bath
|
-
|
$799,000
3 Bed
2 Bath
|
-
-
|
-
| |
|
03/21/2019
|
2 Bed
|
2 Bath
|
-
|
$574,900
2 Bed
2 Bath
|
-
-
|
-
| |
|
09/11/2018
|
2 Bed
|
2 Bath
|
-
|
-
2 Bed
2 Bath
|
-
-
|
-
| |
|
03/28/2017
|
3 Bed
|
2 Bath
|
-
|
$724,900
3 Bed
2 Bath
|
$724,900
06/01/2017
|
Karen Schwartz
Dream Town Realty
| |
|
01/16/2017
|
Loft
|
-
|
-
|
$259,000
Loft
-
|
$223,000
-13.90%
04/11/2017
|
Roger Ward
Compass
| |
|
04/02/2015
|
1 Bed
|
2 Bath
|
1050 ft²
|
$325,000
1 Bed
2 Bath
1050 ft²
|
$315,000
-3.08%
06/08/2015
|
Kelly Smith
L.W. Reedy Real Estate
| |
|
05/21/2013
|
2 Bed
|
2 Bath
|
1600 ft²
|
$445,000
2 Bed
2 Bath
1600 ft²
|
$445,000
07/23/2013
|
Mehdi Mova
Compass
| |
|
10/29/2007
|
1 Bed
|
1 Bath
|
1050 ft²
|
$294,900
1 Bed
1 Bath
1050 ft²
|
$307,000
+4.10%
01/07/2008
|
Debbie Wood
Coldwell Banker Realty
| |
|
01/22/2007
|
3 Bed
|
2 Bath
|
-
|
$475,000
3 Bed
2 Bath
|
$463,000
-2.53%
04/17/2007
|
Sandra Matson
Baird & Warner
| |
|
07/10/2006
|
1 Bed
|
2 Bath
|
1050 ft²
|
$314,000
1 Bed
2 Bath
1050 ft²
|
$307,000
-2.23%
07/31/2007
|
Sheila Henning
RE/MAX Properties
|
Building Info
1355 West Washington Boulevard
1355 West Washington Boulevard, Chicago, IL 60607
- 1 Unit for Sale
About West Side
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Listed by: Maria Gutierrez, Golden City Realty, Inc.
Data Source: MRED, MLS# MRD12747686
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Data Source: MRED, MLS# MRD12747686
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