630-954-7336
630 N Rush St
Chicago, IL 60611
River North
HIGHLIGHTS
- Fully leased mixed-use asset anchored by Trader Joe’s and AC Hotel Marriott.
- Located at the intersection of Ontario Street and Rush Street in River North.
- Reported weighted average lease term of approximately 8.1 years.
- Includes 174 structured parking spaces serving retail and hotel uses.
- Positioned within a major downtown retail, hospitality, and tourism district.
- Direct access to Interstate 90/94 via the Ohio/Ontario feeder corridor.
OVERVIEW
Mid-America Real Estate Corporation has been exclusively retained on behalf of the owner to sell the leasehold interest in Ontario City Centre, a 100% leased, grocery-anchored mixed-use asset located in Chicago’s premier River North neighborhood. The Property is anchored by Trader Joe’s and AC Marriott, subject to a long-term ground lease.
FOR SALE DETAILS
PRICE
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# OF ROOMS
226
CAP RATE
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SALE TYPE
Investment
ON GROUND LEASE
Yes
BUILDING DETAILS
PROPERTY NAME
AC Hotel Chicago Downtown
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
7
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
1944
PARKING SPACES
174
LAND DETAILS
LAND ACRES
0.89 AC
LAND SF
38,768 SF
ZONING
DX-12
APN/PARCEL ID
17-10-112-012-0000
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630-954-7336
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630-954-7336
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