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    OFF-MARKET
    Retail properties & Spaces

    110 Pearson St, Chicago, IL 60611

    Built 1972
    Property ID
    Property summary
    AI-generated overview

    This exceptional 9,463 square foot retail space at 110 E Pearson St, Chicago, offers unparalleled visibility on the Magnificent Mile. Completely renovated in 2022, this single-tenant property features 72 feet of street frontage across from the Chicago Water Tower, providing tremendous signage opportunities. The space, formerly Bar Toma, is a "vanilla box" offering flexibility for various retail concepts, particularly restaurants. Ceiling heights vary, ranging from 10'0" to 15'2" on the ground floor and 7'11" to 12'9" on the mezzanine. Column spacing is generous at 16'0" vertically and 27'0" horizontally. Built in 1972, this one-story building presents a unique chance to establish a high-impact presence in one of the nation's premier shopping districts, surrounded by luxury retailers on Oak, Rush, and Walton Streets. The property's location within the Gold Coast submarket ensures high foot traffic and brand recognition. This is an exceptional investment opportunity in a highly desirable location. No parking is available on-site.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1972
    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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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