401 Superior St Chicago, IL 60654
- Office buildings
- 30,000 SF
- 0.11 lot acres
Current Use by Public Records
- Rival Systems / Software Company
- Three Zero Three Capital Parnets, LLC / Investment Company
- ARB Fund Management / Investment Company
- Floodgates Audio / Recording Studio
- Stadt Group, Ltd. / Property Management Company
Property Details for 401 Superior St
- Year built
- 1911
- Lot size
- 0.11 lot acres
- Property size
- 30,000 SF
- Property type
- Office buildings
- APN
- 17-09-120-006
- APU
- 1709120006
Description
This exceptional full-floor office space, located at 401 W Superior St in Chicago's vibrant River North neighborhood, presents a unique opportunity for discerning businesses. Situated on a signalized corner at Superior and Sedgwick Streets, this 5-story multi-tenant building offers unparalleled convenience and prestige. The suite boasts private elevator access leading directly to a welcoming reception area. The expansive layout includes twelve individual offices, a dedicated conference room, private restrooms, and a convenient kitchenette. This space is ideal for a variety of business types, from creative agencies to traditional executive offices. The building enjoys a strong tenant roster, including established firms in finance and architecture. Commuting is effortless, with easy access to the Brown/Purple Line "el" station and I-90 via Ontario Street. Abundant street parking and nearby parking structures provide ample options for employees and clients. Experience the energy of River North, with its renowned restaurants, art galleries, and boutique shops all within easy walking distance. This location offers the perfect blend of professional productivity and vibrant urban lifestyle. This is a truly exceptional opportunity to establish your business in one of Chicago's most sought-after locations.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $905,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $755,000
- 6.5%
- $705,000
- 7%
- $790,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $760,000
- Geo Method
- $815,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $615,000
- Retail
- $810,000
- Mixed-Use
- $610,000
- Hospitality
- $600,000
- Educational
- $705,000
- Residential Income
- $765,000
- Energy
- $780,000
- Income-Based Land
- $740,000
- Food Service
- $805,000
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6388
- Latitude
- 41.8953
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
