For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

159 Kinzie St Chicago, IL 60654

Sponsored
For Sale
$5,695,000

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

Property size:
23,500 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
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 Features for 159 Kinzie St

General Information

Property type
Restaurants
Square Feet
23,500 SF
Class
C

Building Details

Year Built
1907
Stories
5

HighLights

  • Prime River North location, Chicago.
  • One block from Merchandise Mart & Brown/Purple Line "L" trains.
  • Near the Chicago River and the Loop.
  • Abundant nearby restaurants, bars, condos, and apartments.
  • Excellent public transportation access.
  • Value‑add potential.
Property Profile Location Intelligence

Current Use by Public Records

Bars

Suggested Use

Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Food Market Clothing Store 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
-87.6333335
Latitude
41.888878

FAQs

What type of property is this?
Restaurant - Chicago's River North: 23,500 SF, Value-Add
Where is this restaurant 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.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message