415 W Huron St - Loft/Creative Space FOR SALE


Chicago, IL 60654- River North
$5,950,000 USD
615-804-4905
415 W Huron St, Chicago, IL for Sale
$5,950,000 USD
Loft/Creative Space - FOR SALE
1/28
null | 4.1% Cap Rate

415 W Huron St
Chicago, IL 60654
River North


HIGHLIGHTS

  • Prime location in the heart of River North, one of Chicago’s most vibrant and sought-after neighborhoods.
  • Recently renovated building featuring exposed brick, timber beams, and hardwood floors for a modern, stylish aesthetic.
  • Abundant natural light with large street-facing windows along Huron Street.
  • Building amenities include a full gym (available for an additional fee) and communal bathrooms with showers on each floor.

OVERVIEW

The turnkey property is occupied with stable and diverse tenants with a focus on wellness. Sandman Sleep, a mattress retailer, and Hope In Day Spa anchoring the entire first and basement . New ownership may easily combine units and transition to net lease structures. Current in-place tenancy provides meaningful rent offset. No tenant occupies more than 23% of the rentable space to reduce rollover risk. Penthouse level now rented

FOR SALE DETAILS

PRICE

$5,950,000 USD

PRICE/SF

$238 USD /SF

CAP RATE

4.1%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

B

YEAR BUILT

1909

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

DX-5

APN/PARCEL ID

17-09-124-008-0000

ASK ABOUT THIS PROPERTY

Kristin Bird26994597More Info
615-804-4905

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Kristin Bird26994597More Info
615-804-4905

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.