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Landmarked Office Building Food Hall
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433 W Van Buren St, Chicago, IL 60607

Landmarked historic office building available for a food hall operator in downtown Chicago.

Space Size25,650 SF
Days on Market998

Property Features for 433 W Van Buren St

General Information

Standard status Active
Size 25,650 SF
Property subtype OFFICE

Site & Location

Neighborhood East Garfield Park

Spaces For Lease

at 433 W Van Buren St
433 W Van Buren St AVAILABLE, Now
Size 25,650 SF
Type OFFICE
Rate Contact for pricing
Sublease No
- Seeking food hall operator for this historic icon in downtown chicago. Unique opportunity in this 2.2 million square foot landmarked office building.
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Listing Agency: Stone Real Estate Corp.
Listed By: David Stone
Source: Moodyscre
Added: Feb 1, 2024 Changed: Oct 25 Last Checked: Oct 24 at 9:29PM

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 Stone Real Estate Corp.

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Investment Insights

Based on property information with market context.

This offering seeks a food hall operator for a historic, landmarked office building in downtown Chicago. The property is presented as a unique food hall opportunity within the larger building footprint, which is noted as approximately 2.2 million square feet.

The subject address is 433 W Van Buren St, Chicago, IL 60607. The request is specifically focused on food hall operation within the existing landmarked office setting.

For tenants and operators evaluating fit, the primary consideration is the requirement to operate a food hall in this landmarked office building environment.

Key Highlights

  • Landmarked historic office building in downtown Chicago available for a food hall operator
  • Building is approximately 2.2 million square feet

Property Analytics

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Current Use

Coinhub Bitcoin ATM ... Atm Peerless Network Telecommunications Service Tennis Courts Sports Field & Court PepsiCo Chicago Headquarters Corporate Office LibertyX Bitcoin ATM Atm

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop Veterinary Clinic Nursing Home Butcher Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,017
Businesses Nearby

Demographics for 60607, IL

31,816
Population
16,540
Households
1.9
Avg Household Size
31
Median Age
81%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
13,833
Density / Sq Mi
$126,307
Median Household Income
$79,870
Median Earnings
$2,333
Median Rent
$494,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Chicago, IL

$22.55 /SF/Yr
Avg Asking Price
$11–$46 /SF/Yr
Price Range
51,730 SF
Avg Space Size

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025

Frequently Asked Questions

What type of property is this?
Office building - Landmarked historic office building available for a food hall operator in downtown Chicago.
Where is this office building located?
The property is located at 433 W Van Buren St Chicago, IL.
What are key features of this property?
This property features: Landmarked historic office building in downtown Chicago available for a food hall operator; Building is approximately 2.2 million square feet
(312) 372-2657 Call to check price and availability
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