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    OFF-MARKET
    Retail properties & Spaces

    110 Pearson St, Chicago, IL 60611

    9,389 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional retail space at 110 E. Pearson Street presents a unique investment opportunity in the heart of Chicago's Magnificent Mile. Located directly north of the historic Chicago Water Tower and a half block west of Michigan Avenue, this 9,389 square foot property boasts an unparalleled location within a world-renowned shopping district. The property offers multiple tenancy options, with spaces ranging from a minimum of 1,822 square feet to a maximum contiguous space of 7,567 square feet. Currently, the entire 9,389 square feet is vacant, providing a blank canvas for a discerning tenant or investor. The property benefits from exceptional foot traffic, given its proximity to Michigan Avenue, a destination attracting approximately 30 million visitors annually. Furthermore, the surrounding area boasts a strong demographic profile, with approximately 339,293 residents within a 3-mile radius enjoying an average household income exceeding $160,000. This prime location offers unparalleled visibility and access to a high-density population of affluent consumers, making it an ideal space for a variety of retail businesses. The property's street-level presence ensures maximum exposure and accessibility for customers. This is a rare opportunity to secure a significant retail presence in one of Chicago's most coveted commercial districts. Contact us today to learn more about this exceptional property.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 9,389 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • SP+ Parking Parking Lot & Garage
    • Mag Mile Self Park Parking Lot & Garage
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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