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161 E Grand Ave, Chicago, IL, 60611
Renovated Brick Office Building

161 E Grand Ave Chicago, IL 60611

For Sale
Contact for pricing

Renovated 1924 brick office building with raised basement on a 9,902 SF parcel near downtown destinations.

Property Size45,148 SF
Lot Size0.23 Acres
Days on Market54

Property Features for 161 E Grand Ave

General Information

Standard status
Active
Size
45,148 SF
Lot size
0.23 Acres
Property subtype
Multifamily
Listing Agency: Chicago - Downtown
Listed By: Tyler Hague · License #IL: 471.009171; IN: PB21300474; WI: 57999-90
Source: Colliers
Added: Jun 3 Changed: Jul 23 Last Checked: Jul 25 at 2:13AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Chicago - Downtown


Investment Insights

Based on property information with market context.

161 E Grand Ave is a renovated brick office building originally built in 1924 and currently improved with approximately 45,148 square feet, including a raised basement. The property sits on a 9,902-square-foot parcel and is presented as a redevelopment and adaptive reuse opportunity with meaningful near-term functionality.

The site is located just off North Michigan Avenue in Chicago’s Streeterville neighborhood, within close proximity to Navy Pier, the Chicago River, and the Loop. Access to downtown transit and major transportation corridors is supported by the property’s central setting.

The property is described as DX-12 by-right zoning, supporting a wide range of uses at the underwritten density. The remarks also reference buyer-pursued up-zoning to achieve a 16+ FAR, subject to confirmation with city zoning approval and processes.

Key Highlights

  • Approximately 45,148 SF brick office building with a raised basement, originally built in 1924 and extensively renovated
  • Located on a 9,902 SF parcel at 161 East Grand Avenue in Chicago’s Streeterville neighborhood
  • DX‑12 by‑right zoning supports a wide range of uses at the underwritten density

Property Analytics

Location Intelligence

Current Use by Public Records

ONE at Optimus Film Production Hickey & Associates, LLC Law Firm MNML. Film Production Minimal Productions Film Production

Suggested Use

(Bike/Boat/Book/etc) Store Pet Grooming Service Nursing Home Butcher Buffet Adult Day Care Nursing Home Restaurant Tattoo & Piercing Shop Clothing & Fashion Store

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

FAQs

What type of property is this?
Office building - Renovated 1924 brick office building with raised basement on a 9,902 SF parcel near downtown destinations.
Where is this office building located?
The property is located at 161 E Grand Ave Chicago, IL.
What are key features of this property?
This property features: Approximately 45,148 SF brick office building with a raised basement, originally built in 1924 and extensively renovated; Located on a 9,902 SF parcel at 161 East Grand Avenue in Chicago’s Streeterville neighborhood; DX‑12 by‑right zoning supports a wide range of uses at the underwritten density
More about this property
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