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Prime Mixed-Use Chicago Avenue Property

58 E Chicago Avenue, Chicago, IL 60611

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For Sale

$18,747,747

Mixed-use building in a high-traffic, desirable Chicago location.

HighLights

Premier Location: Situated on E. Chicago Avenue, between Wabash and Rush Street, adjacent to the Park Hyatt and Michigan Avenue.
High‑Density Zoning: DX‑12 zoning, the highest and most desirable commercial zoning in Chicago.
Mixed‑Use Property: Features three large commercial spaces fronting Chicago Avenue and 25 residential units.
Prime Commercial Opportunity: Offers significant potential for commercial ventures due to its location and zoning.
Established Structure: Building constructed in 1891.
Opportunity to create a desired vision with a versatile property.

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Contact an agent

MICHAEL ROSENBLUM

For Sale

$18,747,747

Mixed-use building in a high-traffic, desirable Chicago location.

Added:: May 27, 2025
Days on Market:: 405
Last Refresh:: Jun 20 at 2:42 pm

Property Features for 58 E Chicago Avenue

General Information

Standard status: Active

Building Details

Year Built: 1891

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Contact an agent

MICHAEL ROSENBLUM

Listing office BERKSHIRE HATHAWAY HOMESERVICES CHICAGO

Listing date May 27, 2025

Source Corcoran

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 BERKSHIRE HATHAWAY HOMESERVICES CHICAGO

HighLights

Premier Location: Situated on E. Chicago Avenue, between Wabash and Rush Street, adjacent to the Park Hyatt and Michigan Avenue.
High‑Density Zoning: DX‑12 zoning, the highest and most desirable commercial zoning in Chicago.
Mixed‑Use Property: Features three large commercial spaces fronting Chicago Avenue and 25 residential units.
Prime Commercial Opportunity: Offers significant potential for commercial ventures due to its location and zoning.
Established Structure: Building constructed in 1891.
Opportunity to create a desired vision with a versatile property.

Overview

Located on Chicago Avenue between Wabash and Rush Street, this mixed-use property is situated next to the Park Hyatt and Michigan Avenue. The building features three large commercial spaces fronting Chicago Avenue and 25 residential units. The property is zoned DX-12, which is described as the highest and most desirable commercial zoning available in Chicago. The property's location is described as being in the heart of all the action.

Property Profile Location Intelligence

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Mixed-use properties

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Local Demand

City: Chicago
County: Cook
State: Illinois
Longitude: -87.626
Latitude: 41.8969

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For sale
Mixed-use properties
IL
Chicago
60611
58 E Chicago Avenue

What type of property is this?

Mixed-use property - Mixed-use building in a high-traffic, desirable Chicago location.

Where is this mixed-use property located?

The property is located at 58 E Chicago Avenue Chicago, IL.

What is the asking price?

The asking price for this property is $18,747,747.

What are key features of this property?

This property features: Premier Location: Situated on E. Chicago Avenue, between Wabash and Rush Street, adjacent to the Park Hyatt and Michigan Avenue.; High‑Density Zoning: DX‑12 zoning, the highest and most desirable commercial zoning in Chicago.; Mixed‑Use Property: Features three large commercial spaces fronting Chicago Avenue and 25 residential units.