www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
24432624
24432650

201 S Ashland Ave, Chicago, IL 60607

@properties
Listed by @properties
$9,995,000
335 days on market
Updated 63 days ago

201 S Ashland Ave

Details
Property Type Retail, Special Purpose
Sub Type Restaurant, Bar (+1)
Square Footage 41,243
Occupancy 100%
Tenancy Single
Lease Type NNN
Price per SqFt $242

Flip book: https://brochures.christiesrealestate.com/view/635531080/

Marketing description

A Historic Landmark Reimagined for Modern Events – In the Heart of Chicago

Step into a piece of history—brilliantly reborn. Located in the heart of Chicago, this fully renovated, landmarked building offers a rare fusion of architectural grandeur and contemporary design, meticulously reimagined to serve as a premier event destination. Every inch of the structure has been thoughtfully updated—from the structural and mechanical systems to the interior finishes—creating a seamless blend of historic charm and modern sophistication.

Spanning multiple levels and configurations, the property features six distinct event spaces—both indoor and outdoor—each offering its own unique ambiance. From intimate gatherings of 20 to grand celebrations of up to 500 guests, the venue adapts effortlessly to weddings, corporate functions, art showcases, concerts, and more.

At the heart of the property is a state-of-the-art concert hall, where acoustics and design come together to deliver unforgettable experiences. For more personal occasions, smaller rooms offer cozy, elegant backdrops filled with warmth and character.

Two fully built-out bar areas—one located just off the main hall (formerly a historic church space) and another on the upper level—add convenience and sophistication to any event. Whether you're planning a black-tie affair, hosting a team-building retreat, or curating an immersive gallery experience, this venue is a canvas for creativity and connection.

A rare opportunity to own or operate a turnkey event space in one of the city’s most dynamic and accessible locations—where history, design, and versatility converge.

Investment highlights

  • VT: https://tour.vht.com/434468410

Listing Contacts

@properties
Listed by @properties

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591