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833 W Chicago Ave Chicago, IL 60642

New
For Sale
$7,900,000

Commercial Sale - Chicago, IL

Property size:
40,000 SF
Days on Market:
3
Last Refresh:
Dec 7 at 2:06 pm

Property Features for 833 W Chicago Ave

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Zoning
RTAIL
APN
17082090050000
Size
40,000 SF

Utilities

Cooling system
Central Air

Building Details

Year built
1909
Number of units
47
Roof type
Rubber
Architectural style
Other

Coldwell Banker Leader Realty (312) 513-4490 [email protected]

Listing agent Mark Ahmad (773) 465-4200 License #471007186

Listing date Dec 5, 2025

MLS# 12335265 Listing URL

Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Chicago Loft Building with Retail

Located in Chicago's Northwest Loop/River North, this six-story brick loft timber building combines historical charm with modern functionality. The building features a passenger elevator, 13' and 12' ceiling heights, and original exposed brick walls. Each floor includes two sets of large male and female bathrooms, along with two wide staircases on the east and northwest sides. Exposed heat and AC ceiling ducts and large windows provide natural light. A sprinkler system was installed in 2009. The buildings at 833-843 Chicago Ave. are 3-story height. The property is minutes from Chicago's Loop, Magnificent Mile/Michigan Ave., major roads, interstate, and bus stops, and is within a short distance of the train station. It has three rooftop furnaces, installed in 2020 and 2010. Located in the downtown service district, with DS 5 zoning, the area is experiencing continued growth. The property is currently about 80% occupied, providing immediate stable income with value-add potential. The street-level 10,000 sq. ft. retail space is strongly established and presents solid income. Possible conversion of multifamily apartments.
Location Intelligence

Current Use by Public Records

SRG Management Firm Business Management Consultant Eggholic - Indian Veg ... Indian Restaurant Eliades Law, PLLC Consultant Lovely Heart Home ... Nursing Agency The Pilates Loft of Chicago Pilates Studio

Suggested Use

Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.64903
Latitude
41.896317

FAQs

What type of property is this?
Retail space - Six-story loft building with retail and multifamily potential.
Where is this retail space located?
The property is located at 833 W Chicago Ave Chicago, IL.
What is the asking price?
The asking price for this property is $7,900,000.
What are key features of this property?
This property features: - Prime location in Chicago's Northwest Loop/River North, near transportation, the Loop, and Magnificent Mile.; - Stable income from established retail space and 80% occupancy, with value-add potential.; - Historic brick loft building with **13' and 12' ceilings, exposed brick, and large windows.**
More about this property
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