Active · For Sale · Mixed Use

806 N Rush Street, Chicago, IL 60611

MLS #12337227

806 N Rush Street, Chicago, IL 60611
806 N Rush Street, Chicago, IL 60611CRER
806 N Rush Street, Chicago, IL 60611

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806 N Rush Street, Chicago, IL 60611

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The property

Executive summary

We have been exclusively engaged to solicit offers to purchase the subject property located at 806 North Rush Street, Chicago Illinois 60611 (the "Property"). Situated on a 1,742-square-foot lot, this 3,912-square-foot building is zoned DX-12, which allows for numerous uses. This opportunity exists in one of the strongest-performing commercial, retail, and residential real estate markets in the world. The subject property is described as a freestanding mixed-use building currently entirely vacant with excellent development potential. Just steps from Chicago's famed Historic Water Tower, this building sits in one of the busiest locations in all of Chicagoland. Located in the heart of the most popular shopping destinations in the Midwest, this premier asset takes complete advantage of the Gold Coast, Rush Street, and Michigan Avenue. An excellent opportunity for an owner-user, investor, or developer.

Investor Resource

Property Intelligence

Financial Snapshot

Annual Taxes
$26,963 (2023)

Property Details

Units
2
Building Size
3,912 SF
Lot Size
1,743 SF
Lot Dimensions
40.37 X 43.2
Stories
3
Year Built
1906
Building Age
Older
Construction
Brick, Concrete, Wood, Other
Roof
Flat
Zoning
COMMR
Parcel Number
17032300050000

Operations & Utilities

Heating
Other
Cooling
None
Electric
Other
Possession
Closing

Location & Use

County
Cook
Market Area
Chicago - Near North Side
Potential Use
Commercial, Condominium, Re
Location
Central Business District, Mixed Use Area, Public Transport Avail, In City Limits, High Traffic Area
Frontage
City Street

Reported figures come from the listing source. When shown, estimated NOI and cap rate use reported income and expenses; estimated GRM uses asking price and reported income. All figures should be independently verified.