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    170 N Dearborn St Chicago, IL 60603

    For Lease
    Contact for pricing

    Located in Chicago's vibrant Loop, near major attractions.

    Property size:
    3,020 SF
    Lot size:
    1.14 Acres

    Property Features for 170 N Dearborn St

    General Information

    Size
    3,020 SF
    Lot size
    1.14 Acres

    Source: Canvas Real Estate Agent Elan Rasansky

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Retail Space in Chicago

    This 3,020 square foot retail space is situated in the Loop, the second largest central business district in the country and Chicago's fastest-growing neighborhood. The area features a mix of retail stores, restaurants, residences, entertainment venues, tourist attractions, and cultural and educational institutions. The property is located steps from the Goodman Theater. Daley Plaza and Grant Park host events that attract over 6 million people annually to the East Loop. Millennium Park draws almost 13 million visitors per year. The site is located half a block from the historical Thompson Center, acquired by Google in July 2022. Google plans to open a 1.2 million square foot regional headquarters there, which is expected to attract thousands of daily commuters and employees.
    Location Intelligence

    Current Use by Public Records

    Goodman Theatre Performing Arts Theater Albert Theatre Performing Arts Theater Alice Rapoport Center Art Center

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6298566
    Latitude
    41.8851964

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    FAQs

    What type of property is this?
    Retail space - Located in Chicago's vibrant Loop, near major attractions.
    Where is this retail space located?
    The property is located at 170 N Dearborn St Chicago, IL.
    What are key features of this property?
    This property features: - Located a half block from the future Google 1.2M SF regional headquarters, **attracting thousands of daily commuters and employees.**; - Situated in the Loop, the second largest and fastest-growing central business district in the country.; - Area offers a vibrant mix of retail stores, restaurants, residences, entertainment, and tourist attractions.
    (773) 887-8212
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    Chicago, IL 60603
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    170 N Dearborn St Chicago, IL 60603
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