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$ 5,375,000
Est. payment | /mo
144,000 SqFt
$ 5,375,000
Est. payment | /mo
144,000 SqFt
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 144,000 sqft
Price per Sqft $37
MLS Listing ID 12186693
Year Built 1987
Annual Tax Amount $57,324
Tax Year 2023
Lot Dimensions COMMON
Property Description
We are proud to present a premier retail space investment opportunity located at the prestigious 110 E Delaware Place in Chicago, home to a luxury clothing retailer. Situated in the heart of Chicago's upscale retail corridor, surrounded by high-end shops, restaurants, and cultural landmarks. This high-traffic area attracts affluent clientele, enhancing the tenant's business performance and ensuring a stable investment environment. This opportunity offers an excellent combination of a prime location, a long-standing tenant demonstrating significant commitment to the location having invested high-quality retail improvements in two major updates over the course of the initial lease term, making it an ideal acquisition for discerning investors looking to diversify or expand their portfolio with a premium asset in one of Chicago's most sought-after shopping districts. We are offering this investment making it an attractive opportunity for investors seeking long-term financial growth.
Location
State IL
County Cook
Area Chi - Near North Side
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Retail/Stores
Level or Stories 20
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Listed by Myra Nimchaiyong • Century 21 S.G.R., Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "