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717 Dearborn St Chicago, IL 60605

OFF-MARKET Retail properties & Spaces Google Maps
1,500 SF 0.49 ac lot Built 1883
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 1,500 square foot storefront, located at 717 S Dearborn St in Chicago's Printer's Row, is offered at $299,000. Situated within the historic Donohue Building, this Class C property boasts a versatile DX-12 zoning, allowing for diverse uses including retail, office, or even a combination. Built in 1883, the nine-story building sits on a sizable 0.49-acre lot, providing ample space and potential. The asking price of $299,000 translates to $199.33 per square foot, representing a compelling investment opportunity for owner-users. Ideal for various businesses such as coffee shops, restaurants, or professional services, this location benefits from the high foot traffic and established clientele of the vibrant Printer's Row neighborhood. The property's size and zoning flexibility offer significant potential for a range of entrepreneurial ventures. This is a rare chance to own a piece of Chicago history while establishing a thriving business in a prime location within Cook County, Illinois, zip code 60605. The property's rich history and strategic location combine to create an unparalleled opportunity for business growth and success.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1883
Total area 1,500 SF
Lot 0.49 ac (21,344 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

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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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