Listing provided courtesy of Berkshire Hathaway HomeServices ChicagoMREDas Distributed by MLSGrid- MLS# 12587922
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Request Info1732 W Hubbard StreetChicago, IL 60622
Commercial · 23,500 Sq. ft.$4,000,000
Active
1732 W Hubbard Street Overview
- Time on Site:
- 112 days
- Visits:
- 24
1732 W Hubbard presents a rare opportunity to acquire a well-maintained, multi-tenant 3-story office building with both immediate income and long-term upside. Positioned in the heart of Chicago's thriving West Loop / Fulton Market corridor, the property benefits from strong surrounding residential and commercial demand, convenient access to downtown, major expressways, and public transit. Spanning approximately 25,000+ square feet across three levels, the property offers a flexible layout suited for a variety of office, creative, or service-based users. The building is currently partially leased, generating in-place income with established tenants, while still offering significant vacancy for an owner-user or investor to customize and maximize returns. The layout allows for demising or full-floor users, making it equally attractive for investors seeking stabilized cash flow or businesses looking to occupy while offsetting expenses with rental income. This is a strategic acquisition for those looking to plant a flag in one of Chicago's most dynamic and evolving submarkets.
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1732 W Hubbard Street Facts & Features
- Type Commercial
- Sq. ft. 23,500
- Price/Sq.ft. $170
Details
General
Income/Expenses
- Existing Lease Type: Net
- Gross Income: 13710
- Gross Scheduled Income: 164520
- Net Operating Income: 49479
- Operating Expense: 44520
Building Information
- Year Built: 1914
Location/Region
- County Or Parish: Cook
- MLS Area Major: CHI - West Town
- Township: West Chicago
Rent/Lease Information
- Tenant Pays: Common Area Maintenance, Insurance, Scavenger, Sewer, Varies by Tenant, All Utilities
Tax Information
- Tax Annual Amount: $115,041.50
- Tax Year: 2024
General Information
- Parcel Number: 17072310080000
- Property Sub Type: Office
- Property Type: Commercial Sale
Interior
Building Interior
- Building Area Total: 23500
General Information
- Cooling: Central Air
- Electric: Circuit Breakers
- Leasable Area: 8000
- Stories: 3
Unit Information
- Unit SqFt.: 23500
Exterior
Lot Information
- Additional Parcels: No
- Lot Size Dimensions: 75x113
- Lot Size Square Feet: 8475
1732 W Hubbard Street 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
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.1732 W Hubbard Street Monthly Cost
1732 W Hubbard Street Market Data
Based on the last 30 days in this zip code
$861,807
Average List Price
$720
Average Price per Square Foot
65
Properties Sold
36
Average Days on Market
147
Properties for Sale
1732 W Hubbard Street History
| Date | Value | Agent |
|---|---|---|
| 6/20/2026Source: MRED | Active |
Michelle Schroeder Listing Agent |
| 6/14/2026Source: MRED | $4,000,000 -11.1% |
Michelle Schroeder Listing Agent |
| 6/14/2026Source: MRED | Price Change |
Michelle Schroeder Listing Agent |
| 3/14/2026Source: MRED | Active |
Michelle Schroeder Listing Agent |
| 3/9/2026Source: MRED | March 09, 2026 |
Michelle Schroeder Listing Agent |