Mixed-Use in Chicago’s River North District
18,425 SF | Vacant Retail Building | Opening Bid: $200,000
Auction Dates: October 7 – 9, 2024
- Vacant Retail / Office Building: The property is currently vacant and offers a rare opportunity to acquire a mixed-use asset in one of Chicago’s top districts that promises significant returns.
- Prime Location: Situated in River North, a vibrant and desirable neighborhood known for its dining, shopping, and entertainment options.
- Significant Development Potential: The property offers substantial development opportunities through the combination of 30,000 square feet of air rights and permissible additional floor area ratio (FAR) zoning allowances. This presents the flexibility to construct a substantial building on top of the existing structure or expand the existing building.
- Uses: The building provides ample space for various commercial uses, such as restaurants, retail stores, offices, or a mix of these.
