110 E Delaware Pl - Apartments CONDO FOR SALE
Chicago, IL 60611 |
110 E Delaware Pl
Chicago, IL 60611
HIGHLIGHTS
- Fully stabilized, low maintenance and easy to manage STNL investment opportunity leased to multi-unit operator MARCUS - Curated Luxury Collection.
- 10-year, 5-month initial lease term with 2 years remaining and 3 fixed 5-year options with scheduled 2.00% annual rent increases.
- 3,712 SF commercial condo featuring high-end custom buildout with highly sought-after Gold Coast retail frontage and easily accessible parking.
- Surrounded by high-profile luxury retailers including Chanel, Moncler, Hermes, Cartier, Prada, Golden Goose, Van Cleef, Harry Winston, Rolex etc.
- In the immediate vicinity of Chicago’s best shopping, food, entertainment, Class-A office product, medical office & most expensive residential homes.
- Easy access to DuSable Lake Shore Drive.
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
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% LEASED
-
BUILDING DETAILS
PROPERTY NAME
Michigan Place
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Hi-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
143900
STORIES
20
YEAR BUILT
1986
PARKING SPACES
-
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
17-03-211-022-1013,17-03-211-022-1014,17-03-211-022-1022,17-03-211-022-1026,17-03-211-022-1028,17-03-211-022-1033,17-03-211-022-1045,17-03-211-022-1053,17-03-211-022-1054,17-03-211-022-1060,17-03-211-022-1066
