14 Division St Chicago, IL 60610
- Retail properties
- 12,372 SF
Current Use by Public Records
- Retail properties
Property Details for 14 Division St
- Property size
- 12,372 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional retail opportunity encompasses 12,372 square feet of vacant space at 14 W Division Street in Chicago, Illinois, within Cook County. The property is ideally situated at the juncture of Chicago's prestigious Gold Coast and Old Town neighborhoods, boasting some of the city's most affluent demographics and highest per-square-foot retail and restaurant sales in the Midwest. The location offers unparalleled visibility and accessibility, situated at the base of Gild, a newly constructed luxury apartment building comprising 89 units, ensuring a consistent flow of potential customers. This prime location is also within three blocks of Chicago's top-performing restaurants, generating over $300 million in annual revenue, including renowned establishments such as Maple & Ash, Luxbar, and Gibson's. Furthermore, the property enjoys close proximity to several of Chicago's most luxurious 4- and 5-star hotels, including the Ambassador Viceroy, Thompson Hotel, Waldorf Astoria, Sofitel, and the Four Seasons Hotel, attracting a high volume of upscale clientele. Multiple spaces are available, with a minimum divisible space of 2,767 square feet and a maximum contiguous space of 4,919 square feet, providing flexibility for various restaurant concepts and sizes. The 60610 zip code further underscores the desirability and high-value nature of this exceptional retail investment. This property presents a unique chance to establish a thriving business in a vibrant and affluent area of Chicago.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6293
- Latitude
- 41.9041
