717 Dearborn St, Chicago, IL 60605
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.