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NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Building Area
Land Area ()

Property Description

77 W. Chestnut is a premier 7,380 square feet building located at the southeast corner of Clark and Chestnut on the border of Chicago’s preeminent neighborhoods, Gold Coast and River North. The property offers a broad range of potential uses including ultra-luxury condominiums, medical office, co-living or owner-user office use. It is zoned as subarea C of PD-1262 which is the planned development for The Aurelian, next door. Current entitlements do not allow for any additional FAR and a maximum of six residential units.

Investment Highlights

  • Generational small scale opportunity with zoning that allows for a myriad of uses within Chicago's most popular neighborhood
  • Sought after location attracts and retains a highly affluent and educated tenant base
  • Provides owner-user with the chance to build equity in office building instead of paying rent in a crowded office tower
  • Direct access to premier shopping, dining and natural amenities
Last Updated Date: 17 Nov 2020
Dan Reynolds
Dan Reynolds
Director, Capital Markets
License details
IL
Tom Kirschbraun
Tom Kirschbraun
Managing Director, Land Group Leader
Last Updated Date: 17 Nov 2020

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