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116 W Hubbard Street, Chicago, IL

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DetailMap
116 W Hubbard Street

just E of NEC
Chicago, IL 60654-8542 - River North Submarket


Property Type:Office Sub Type:- Status:Existing Year Built:2005
Stories:8 Typical Floor:4,275 SF Building Size:33,858 SF
For Sale Price:$8,950,000 Price/SF:$264.34
Cap Rate:-
Amenities:Air Conditioning, Atrium, Bus Line, Commuter Rail, Security System, Signage


For more information, please visit www.hub116.com

Modern concrete, glass, and steel structure featuring nine levels, all with high ceilings and topping out at over 116 feet. The building has multiple angled setbacks showcasing inspiring views of the loop and river.

The cast concrete elevator tower is the focal point of the glass ceiling lobby. The entry lobby consists of an overscaled black granite obelisk vestibule with digital screen display, which leads to a custom glass, concrete, and stone entry with terrazzo floor.

Sale Notes:
ACO Commercial is pleased to offer for sale, one of Chicago's most anticipated real estate opportunities, 116 W. Hubbard Street, Chicago, IL. Conveniently located in the heart of Chicago's River North neighborhood, the lender-owned property is comprised of a 3,800 SF land site improved with a 29,735 SF eight-story mixed-use building. In a submarket consisting of mostly vintage properties, 116 W. Hubbard is a modern, architecturally striking asset, with superior functionality. The property includes a ground-floor restaurant, six levels of office space, a penthouse floor currently configured as a bar/lounge with terrace space, and a versatile lower level space.

By stabilizing the property, a new owner may recognize durable income while controlling an asset in a core Chicago location. The property is offered on an as-is, where-is basis.

ACO Commercial
George Toscas
(312) 638-9950 x1




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