415 W Huron St - Loft/Creative Space FOR SALE


Chicago, IL 60654
$4,800,000 USD
615-804-4905
415 W Huron St, Chicago, IL for Sale
$4,800,000 USD
Loft/Creative Space - FOR SALE
1/32
null | Request Cap Rate

415 W Huron St
Chicago, IL 60654


HIGHLIGHTS

  • Multi-tenant professional office building.
  • Heavy timber loft building on a tree-lined street with exposed brick and natural light throughout.
  • Secure entrance with tenant signage on the exterior of the building.
  • All floors have access to two private bathrooms, a communal kitchenette, penthouse gym, roof deck, and an overhead door for loading from the alley.
  • The property is occupied with stable and diverse tenants with a focus on personal wellness.
  • Located in the vibrant and trendy River North Gallery District.

OVERVIEW

415 W Huron St is a multi-tenant office/ professional building with twenty-six (26) units throughout the five floors + lower level and 19,270± square feet of leased space in 21,400± square feet of gross leasable space on a 0.11-acre parcel with favorable DX-5 zoning. The property is located in the vibrant and trendy River North Gallery District, surrounded by new construction, classic Chicago architecture and close proximity to highways (90/94/294/LSD). The parcel is a well-maintained, desirable heavy timber loft building on a tree-lined street with exposed brick and natural light throughout. Secure entrance with tenant signage on the exterior of the building. Each floor has an elevator and front staircase for easy access to all floors. All floors have access to two private bathrooms, a communal kitchenette, a penthouse gym, a roof deck, an overhead door for loading from the alley, and a new elevator. River North, known for art and entertainment, is one of the City’s premier locations to live, work and play. Poised for an owner/occupant to access to a highly educated workforce, open floor plans and proximity to transportation. Adaptive re-use opportunity with DX-5 zoning (Downtown Mixed-Use) allows for 70,000 square feet and potential for up to 113,000 square feet. Opportunity to combine energy efficient improvements with C-PACE financing for enhanced returns.

FOR SALE DETAILS

PRICE

$4,800,000 USD

PRICE/SF

$224 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

undefined, Storefront Retail/Office, Industrial Live/Work Unit

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 Policy.