75 Harrison StChicago, IL 60605

For Sale
Call for price

Prime South Loop location, 220-stall garage.

Overview

Added:
Dec 11, 2024
Days on market:
92
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.

Highlights

  • High-traffic, densely located 220-stall underground parking garage in Chicago's South Loop.
  • Minimal utility costs; building covers heating, electricity, and exhaust.
  • 220-stall fully-valet operation.
  • Over 4,500 residential units nearby, including 355 directly above.
  • Across the street from the US Passport Agency and Immigration Office.

Property Details for 75 Harrison St

Property type
Other specialty properties, Automotive properties
Square Feet
93,750 SF
Stories
1
Lot Size (sq. ft)
93,654 SF
Units
220

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.874504716508
Longitude
-87.630026476639
75 Harrison St, Chicago, Illinois

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75 Harrison St
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