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$ 1,500,000
Est. payment | /mo
5,840 SqFt
$ 1,500,000
Est. payment | /mo
5,840 SqFt
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 5,840 sqft
Price per Sqft $256
MLS Listing ID 12472630
Year Built 1930
Annual Tax Amount $29,973
Tax Year 2024
Lot Dimensions 48 x 102
Property Sub-Type Retail/Stores
Property Description
942-944 W. Huron Street represents a prime acquisition opportunity in Chicago's rapidly evolving River West neighborhood - a fully improved 5,840 SF retail building delivering immediate income, owner-user potential, and exceptional redevelopment upside. The property is currently configured as two nearly equal suites: one occupied by a local popular bagel retailer operating a high-quality commercial kitchen with pickup window, and one vacant modern office space designed and formerly operated by an award-winning distinguished architectural firm. A full unfinished basement with excellent ceiling height expands functional utility for storage or a custom build-out. Situated on a 4,896 SF lot built lot line to lot line, the property benefits from M1-3 zoning, unlocking extensive use and redevelopment potential - including possibilities for adaptive reuse, mixed-use conversion, or ground-up redevelopment. Steps from I-90/94 and within minutes of West Loop, Fulton Market, River North, and Downtown, the site is surrounded by robust residential and commercial growth. For investors, developers, or creative operators, 942-944 W. Huron offers a rare combination of stable cash flow, premier design pedigree, immediate occupancy options, and long-term value creation in one of Chicago's most strategically located corridors
Location
State IL
County Cook
Area Chi - West Town
Zoning COMMR
Interior
Cooling Central Air, Central Individual, Zoned
Flooring Concrete
Fireplace N
Exterior
Utilities Available Electric to Site, Natural Gas Available, Sewer Connected
Building
Dwelling Type Retail/Stores
Water Municipal Water
Structure Type Brick

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Listed by Cyrus Seraj of Compass
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