Oak & Rush Chicago’s Gold Coast – SKIMS
Oak & Rush Chicago's Gold Coast - SKIMS | Home to the World's Most Iconic Luxury Brands
Marketing description
CBRE, as exclusive agent, presents a rare opportunity to acquire 1000 N Rush, a highly visible retail condo at the hard corner of Oak and Rush streets, the most sought-after intersection in Chicago's Gold Coast. The location sits at the center of the city's luxury retail district and boasts the strongest foot traffic, visibility, and tenant demand in the market. Surrounding retailers include Hermès, Cartier, Prada, Chanel, Dior, Bottega Veneta, and other top global brands that have firmly established Oak & Rush as the premier shopping corridor in the Midwest. With virtually no availability and limited opportunities for new retail development, space along this block remains consistently in demand.
The Property is leased to SKIMS, one of the fastest growing brands in retail, which selected the site for its Chicago flagship as part of its broader expansion into physical stores. The lease provides investors with stable in place income under favorable terms while preserving long term upside through below market rents and full control at lease expiration. Supported by ongoing reinvestment by luxury brands and a continued migration of tenants from North Michigan Avenue to the Oak & Rush corridor, the Property is well positioned to benefit from sustained demand and future rent growth. As leading global brands continue to prioritize flagship locations along the world's most established retail streets, this is a generational opportunity to own a significant piece of real estate in a globally recognized luxury market.
Investment highlights
- Ultra Luxury Corridor: IRREPLACEABLE LOCATION AT OAK & RUSH
- Leased to SKIMS: ONE OF RETAIL'S HOTTEST & FASTEST GROWING BRANDS
- Recently Repositioned Asset: SIGNIFICANT INVESTMENT
- Attractive Lease Terms: MEANINGFUL INCOME GROWTH
- Below-Market Lease: IN HIGH BARRIER TO ENTRY CORRIDOR
- Investment in the Gold Coast: NEW STORES, RELOCATIONS, & REINVESTMENTS
- World-Class Luxury Destination: ON PAR WITH GLOBAL HIGH STREET
- Hub of Hospitality & Wealthy Residences: HOME TO MANY CHICAGO INSTITUTIONS
- Recent Nearby Retail Developments: SIGNIFICANT INVESTMENT FROM INVESTORS
- Affluent Consumer Base: DRIVING LUXURY RETAIL & INTERNATIONAL TOURISM PULL
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?





















