CBRE, as an exclusive agent, is pleased to present the opportunity to acquire 801 West Madison Street (“the Property”) for future redevelopment or partner in a joint venture with the existing sponsor. The Sponsor has completed demolition and abatement of the interior spaces with the vision of creating a 76-unit luxury apartment style hotel under The Neighborhood Hotel flag. The Property benefits from DX-7 zoning allowing for a multitude of uses as of right. The 1st Floor is a 1920’s architectural gem, complete with marble columns and vaulted ceilings, with the décor extending to parts of the lower level. The corridors on the upper floors are historically protected, serving as a beautiful backdrop surrounding the skylight above the atrium. On the lower level, endless potential exists to create unique experiences out of the former bank vault and executive dining rooms. Both the ground floor and basement are primed to support a food & beverage owner/operator. The Sponsor offers several options to investing the Property, either through partnership or outright sale. View the offering memorandum and learn more: