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Off Market
1/6

191 W Adams St
Chicago, IL 60604


HIGHLIGHTS

  • Heavy foot traffic due to the proximity to the train stations.
  • Site benefits from 24 hour traffic with offices, hotels and restaurants surrounding the site.
  • Two hotels on site and one across the street.
  • Located next to the Quincy/Wells CTA “L” station.
  • With access to the brown, orange, pink, and purple lines.

OVERVIEW

Colliers Net Lease Investment Group is excited to present a truly unique real estate investment opportunity. We invite qualified investors to explore the possibility of acquiring a 100% fee interest in a remarkable urban 7-11 convenience store situated in the heart of Chicago’s vibrant Loop district at 191 W. Adams Street. This exceptional property is strategically positioned at the Southeast corner of Adams & Wells Street, nestled at the base of a multi-story mixed-use complex housing a prestigious JW Marriott Hotel and an office building. Owning this one-of-a-kind convenience store in the central business district of Chicago is an extremely rare chance. The location offers exceptional advantages, benefiting from the Loop’s remarkable population density. Moreover, the property is just a stone’s throw away from the iconic Willis Tower and serves as a pivotal east-west thoroughfare connecting to the city’s major train stations and immediately adjacent to the “L” stop. Notably, the neighboring corners of this intersection are occupied by renowned brands such as McDonald’s, Starbucks, and Dunkin’. The tenant’s commitment to the site is demonstrated by their recent signing of a long-term lease extension. This remarkable investment opportunity is available for $4,808,571 offering a compelling cap rate of 5.25%. Don’t miss out on this exceptional chance to own a prime property in the bustling heart of Chicago.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

191 W Adams Chicago, IL - 7-Eleven

PROPERTY TYPE

Office

ADD'L SUBTYPES

Convenience Store

TOTAL BUILDING SIZE

355411

STORIES

21

BUILDING CLASS

B

YEAR BUILT

1924

SPRINKLERS

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PARKING SPACES

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LAND DETAILS

LAND ACRES

1.39 AC AC

LAND SF

60,548 SF

ZONING

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APN/PARCEL ID

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