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159 Kinzie St Chicago, IL 60654

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For Sale
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Chicago's River North: 23,500 SF, Value-Add

Property size:
23,500 SF

Property Features for 159 Kinzie St

General Information

Property type
Bars & Pubs
Square Feet
23,500 SF
Class
C

Building Details

Year Built
1907
Stories
5

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Listing Contact
Mark Kishtow
Mark Kishtow

Listing Agency: Jameson Commercial Real Estate Listing Agent: Mark Kishtow

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

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Property Insight Report

Overview

This exceptional Chicago property, located at 159 W Kinzie St, presents a compelling value-add investment opportunity. The 23,500 square foot building sits on a 6,600 square foot lot and offers a versatile layout suitable for various uses, including bar, executive office, and creative office spaces. Currently vacant, this five-story structure, built in 1907, is zoned DC-12, providing flexibility for adaptive reuse. Its prime location in the heart of River North, within walking distance of the Merchandise Mart and public transportation (Brown, Purple, and L lines), offers unparalleled access to Chicago's central business district and its vibrant amenities. The property benefits from a strategic position near the Chicago River, surrounded by restaurants, bars, and residential buildings. Significant value-add potential exists, highlighted by the presence of loading docks and full-depth basements, allowing for creative expansion and modernization. The asking price is $5,695,000. This property represents a rare chance to acquire a substantial mixed-use building in one of Chicago's most sought-after neighborhoods. The APN is 17-09-404-005-0000
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Bars & Pubs

Suggested Use

Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Daycare Center Pharmacy

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

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6333335
Latitude
41.888878

FAQs

What type of property is this?
Bar & Pub - Chicago's River North: 23,500 SF, Value-Add
Where is this bar & pub located?
The property is located at 159 Kinzie St Chicago, IL.
What is the asking price?
The asking price for this property is $5,695,000.
What are key features of this property?
This property features: Prime River North location, Chicago.; One block from Merchandise Mart & Brown/Purple Line "L" trains.; Near the Chicago River and the Loop.
(847) 410-0088 Call to check price and availability
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