942-944 W Huron St - Retail FOR SALE


Chicago, IL 60642- River West
$1,500,000 USD
773-495-3303
942-944 W Huron St, Chicago, IL for Sale
$1,500,000 USD
Retail - FOR SALE
1/51
null | Request Cap Rate

942-944 W Huron St
Chicago, IL 60642
River West


HIGHLIGHTS

  • Stabilized cash flow from established retail tenant.
  • Modern office ready for user or upside through lease-up of architect-designed vacant suite to a 9 CAP investment property.
  • 5,840 SF modern commercial building divided into two suites w/full unfinished basement with excellent ceiling height for storage or build-to-suit.
  • Surrounded by residential, hospitality, showroom, and creative office growth.
  • Steps from I-90/94 with direct regional access Minutes to West Loop, Fulton Market, Downtown, River North.
  • Zoning: M1-3 – extensive use & future redevelopment potential.

OVERVIEW

42–944 W. Huron Street represents a prime acquisition opportunity in Chicago’s rapidly evolving River West neighborhood — a fully improved 5,840 SF commercial building delivering immediate income, owner-user potential, and exceptional redevelopment upside. The property is currently configured as two nearly equal suites: one occupied by a local popular bagel retailer operating a high-quality commercial kitchen with pickup window, and one vacant modern office space designed and formerly operated by an award-winning distinguished architectural firm. A full unfinished basement with excellent ceiling height expands functional utility for storage or custom build-out. Situated on a 4,896 SF lot built lot line to lot line, the property benefits from M1-3 zoning, unlocking extensive use and redevelopment potential — including possibilities for adaptive reuse, mixed-use conversion, or ground-up redevelopment. Steps from I-90/94 and within minutes of West Loop, Fulton Market, River North, and Downtown, the site is surrounded by robust residential and commercial growth. For investors, developers, or creative operators, 942–944 W. Huron offers a rare combination of stable cash flow, premier design pedigree, immediate occupancy options, and long-term value creation in one of Chicago’s most strategically located corridors

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$257 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,896 SF

ZONING

M1-3

APN/PARCEL ID

17-08-212-003-0000

ASK ABOUT THIS PROPERTY

Cyrus SerajCompassMore Info
773-495-3303

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Cyrus SerajCompassMore Info
773-495-3303

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