1933 State StChicago, IL 60616

This exceptional 1,400-square-foot Class A medical office condo, located at 1933 S State St in Chicago's vibrant South Loop (60616), presents a unique owner-user opportunity. Built in 2002, the property boasts a complete medical build-out, including a stylish entry, lobby/reception area, nurses' stations, four exam rooms (each with sinks), a lab with sink, and a spacious doctor's office/break room with a kitchen. High-quality finishes throughout showcase wood flooring, track lighting, and premium cabinetry and fixtures. The property is currently vacant, offering immediate occupancy. The building is zoned DX-5. The asking price is $450,000, representing a price per square foot of $321.43 and a pro-forma cap rate of 7.78% with a pro-forma NOI of $35,000. This prime location offers exceptional walkability (Walk Score 95) and bikeability (Bike Score 88), situated just two blocks from the Cermak-Chinatown Red Line and Cermak-McCormick Place Green Line stations. Strong demographics support the area, with an average annual household income within one mile of $125,312, an average retail rent of $24.73 NNN, and a low vacancy rate of 3.8%. The property's APN is 17-22-305-053-1005. This is an ideal investment for medical professionals seeking a move-in ready space in a high-demand location.