159 W Kinzie St
Retail | 23,500 SqFt
Marketing description
The property (encompassing two Lots at 157 - 159 W. Kinzie Street) is located in the Chicago Central Business District on the south side of W. Kinzie Street, approximately 125 feet west of the southeast intersection of N. Wells Street and W. Kinzie Street. The property has overall dimensions of approximately 40-feet wide by 165 feet deep. There are existing 2-story and 3-story buildings located on northern-half of the property and a 5-story building located on the southern-half. All existing buildings have full-depth basements. The building is currently vacant. Ownership is offering the building in an as-is condition giving the purchaser a value-add opportunity to remodel for a multitude of potential uses. Given the location, the building is an Excellent alternative for Merchandise Mart exhibitors, hospitality uses or social entertainment venues.
Investment highlights
- Located in Chicago’s vibrant River North Neighborhood of Chicago
- Within one block walk to Merchandise Mart and Brown & Purple Line “L” stops
- Just north of Chicago River and the Loop
- Surrounded by Restaurants, Bars, Condo’s and Apartments
- Accessible to multiple transportation options
- VALUE-ADD OPPORTUNITIES:
- Building has loading dock and available elevator stack
- Full depth basements under buildings
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