806 N Rush St - Storefront Retail/Residential FOR SALE


Chicago, IL 60611- Gold Coast
$9,500,000 USD
312-981-2384
806 N Rush St, Chicago, IL for Sale
$9,500,000 USD
Storefront Retail/Residential - FOR SALE
1/13
null | Request Cap Rate

806 N Rush St
Chicago, IL 60611
Gold Coast


HIGHLIGHTS

  • 3-Story Mixed-Use (Retail/Residential)
  • Possible For 1030/Land Banking Money - Possible Seller Equity in New Development
  • Among the strongest demographics in the nation including income, daytime population, total population, and average household income
  • Zoning: DX-12
  • Excellent Access to Public Transportation and I-90/I-94/I-290/I-55 Expressways
  • Excellent Signage Income - South Wall

OVERVIEW

The JonBerg Group of Baird & Warner Real Estate, INC has been exclusively engaged to solicit offers to purchase the fee simple interest of the subject property located at 806 North Rush Street, Chicago Illinois 60611 (the "Property"). Situated on a 1,742-square-foot lot, this 3,912-square-foot building is zoned DX-12, allowing numerous uses. This opportunity exists in one of the strongest-performing commercial, retail, and residential real estate markets in the world. The subject property is described as a freestanding mixed-use building currently entirely vacant with excellent development potential. Just steps from Chicago’s famed Historic Water Tower, this building sits in one of the busiest locations in all of Chicagoland. Located in the heart of the most popular shopping destinations in the Midwest, this premier asset takes complete advantage of the Gold Coast, Rush Street, and Michigan Avenue. It is an excellent opportunity for an owner-user, investor, or developer.

FOR SALE DETAILS

PRICE

$9,500,000 USD

PRICE/SF

$3,162 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Freestanding, Storefront, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1905

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,744 SF

ZONING

Zoned DX-12

APN/PARCEL ID

17-03-230-005-0000

ASK ABOUT THIS PROPERTY

Wesley JonBergBaird & WarnerMore Info
312-981-2384

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Wesley JonBergBaird & WarnerMore Info
312-981-2384

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