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Property profile & analytics
OFF-MARKET
Office Spaces

642 Dearborn St Chicago, IL 60654

6,353 SF Built 1871
Property ID
Property summary
AI-generated overview

This exceptional 3rd-floor office suite, located at 642 N Dearborn St in Chicago's vibrant River North neighborhood, offers 6,353 square feet of sophisticated workspace within a classic Italianate-style building constructed in 1871. The single-tenant space boasts three private offices, a convenient in-suite bathroom, and a welcoming reception area. High ceilings, approximately 10 feet, add to the spacious feel. The property is zoned DX-7, offering flexibility for various business uses. Its prime location places it adjacent to the popular Tao Chicago and within the heart of River North's bustling retail and entertainment scene. This area is known for its high-profile businesses, fine dining, and vibrant nightlife, offering unparalleled convenience and prestige. The building itself is a four-story structure, part of Cook County (APN: 17-09-226-007-0000), and situated near the Magnificent Mile and the Loop, providing easy access to major transportation hubs and other key areas of the city. This is a rare opportunity to secure a unique and highly desirable office space in one of Chicago's most sought-after locations.

Property profile
Verified
Property type Office Spaces
Year built 1871
Total area 6,353 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
  • Psychic of Rivernorth Spiritual Center
  • Napleton Law, Ltd. Law Firm
  • Richele Brainin - State Farm Insurance Agent Insurance Agency
  • Via Isabella Importers Big Box & Wholesale Store
  • Spiritual Psychic Medium Readings Online Spiritual Center
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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