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Listing provided courtesy of @properties Christie's International Real EstateMREDas Distributed by MLSGrid- MLS# 12550094MLS Provider

1348 W Concord PlaceChicago, IL 60622

Commercial · 17,250 Sq. ft. | 0.15 Acres
$2,750,000 Active

1348 W Concord Place Overview

Time on Site:
162 days
Visits:
0

A versatile 3 story office building with 17,250 square feet that has been completely built out. The building consists of reception area's, private offices, open concept work area's, conference rooms, built-out webinar rooms, kitchenette and breakroom/eating area's. An owner user has income in place to off-set expenses or, with the large spectrum of permitted uses, this can be a value add opportunity for an investor. Multi-tenant potential with separate HVAC, gas and electric for each floor, fire sprinklers, generator, freight / passenger elevator, and so much more. Full list of FF&E, survey and floor plans available upon request. Rental income is proforma...second and third floor currently vacant.

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1348 W Concord Place Facts & Features

  • Type Commercial
  • Sq. ft. 17,250
  • Price/Sq.ft. $159
  • Lot 0.15 Acres

Details

General

Income/Expenses

  • Existing Lease Type: Modified Gross
  • Gross Income: 428281
  • Gross Scheduled Income: 299148
  • Net Operating Income: 289411
  • Operating Expense: 138870

Building Information

  • Year Built: 1888

Business Information

  • Current Use: Commercial,Office

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - West Town
  • Township: West Chicago

Rent/Lease Information

  • Tenant Pays: Air Conditioning, Electricity, Heat, Taxes, Repairs, Scavenger, Sewer, Varies by Tenant

Tax Information

  • Tax Annual Amount: $85,135.80
  • Tax Year: 2024

General Information

  • Parcel Number: 14323160470000
  • Property Type: Commercial Sale
  • Zoning: MANUF

Interior

Building Interior

  • Building Area Total: 17250

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers, Separate Meters, Heavy Power 1200+ Amps, Three Phase
  • Flooring: Carpet, Concrete, Tile
  • Foundation Details: Concrete Perimeter
  • Leasable Area: 11500
  • Stories: 3

Unit Information

  • Unit SqFt.: 17250

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 0.15
  • Lot Size Dimensions: 50 X 131
  • Lot Size Square Feet: 6550

Building Exterior/Construction

  • Construction Materials: Brick, Wood

General Information

  • Number Of Units Total: 3
  • Utilities: Electric to Site,Natural Gas Available

1348 W Concord Place Neighborhood

Community

60622 (CHICAGO) Demographics

32
Median Age
21,403
Population Density (per sq. mile)
75%
College Educated
$106,128
Estimated Median Income
9,607
Estimated Total Home Owners
14,690
Estimated Total Renters
40% / 60%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1348 W Concord Place Monthly Cost

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$ %
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Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1348 W Concord Place Market Data

Based on the last 30 days in this zip code

$864,928
Average List Price
$719
Average Price per Square Foot
65
Properties Sold
37
Average Days on Market
143
Properties for Sale
Calculations provided by Reliance Network

1348 W Concord Place History

Date Event Value Agent
1/23/2026Source: MRED Status Change
Active
1/18/2026Source: MRED Added to Database
January 18, 2026
9/13/2025Source: MRED Status Change
Active
9/8/2025Source: MRED Added to Database
September 08, 2025