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177-185 Morgan St Chicago, IL 60607

OFF-MARKET Retail properties & Spaces Google Maps
1 SF
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

177-185 N. Morgan Street presents a unique retail investment opportunity in Chicago's coveted Fulton Market district. This single-tenant property boasts a highly desirable location, directly adjacent to the Morgan "L" Station, a key catalyst for the area's remarkable growth since its 2012 opening. The property's strategic placement within this dynamic submarket, known for its blend of retail, residential, hospitality, and office spaces, ensures high visibility and foot traffic. The building itself comprises a total of 1 square foot, currently vacant, and presents a blank canvas for a discerning tenant seeking a presence in this thriving neighborhood. The property's proximity to Shake Shack further enhances its appeal and underscores the area's vibrant commercial activity. Cook County location offers access to a robust infrastructure and a diverse consumer base. This exceptional property is ideal for an investor seeking a foothold in one of Chicago's most sought-after commercial districts. The opportunity to establish a business in this high-traffic, high-visibility location is unparalleled. This is a generational asset with significant potential for future growth and return on investment. The 1 square foot space offers a unique and potentially highly valuable location within the Fulton Market district.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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