Property summary
This exceptional investment opportunity presents a fully redeveloped, 15,153-square-foot flagship Guinness Open Gate Brewery located at 901 W Kinzie St in Chicago's vibrant West Loop. The property, a single-tenant, Class A retail space, boasts a 10-year NNN lease with Guinness (a Diageo brand, rated A3 by Moody's), commencing September 28, 2023, and expiring September 30, 2033. This represents a remaining lease term of approximately 8.9 years, with built-in 2.5% annual rent bumps and two 5-year lease options. The property underwent complete renovations in 2023 and currently enjoys 100% occupancy since September 1, 2023. This prime location within Cook County, IL (zip code 60607) benefits from exceptional demographics, including a population of 489,000 within a 3-mile radius, with 44% of residents under 35 and an average household income exceeding $140,000—31% above the national average. The area's strong market fundamentals are further supported by 2.6 million square feet of net office absorption since 2020 and over 7,690 new multi-housing units planned or under construction. The property's convenient location offers immediate access to public transportation (CTA Blue, Green, and Pink Lines) and is within close proximity to the Central Loop and Interstate 90/94. This is a truly unique opportunity to acquire a trophy asset with a globally recognized brand in one of the nation's top submarkets, offering consistent and stable cash flow growth. The brewery includes an on-site bakery and coffee shop, further enhancing visitor traffic.
Property profile
VerifiedCap rate & NOI
Current use
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Bar & Pub Restaurant
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Production Facility Brewery & Distillery
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Value Estimation
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- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning