731 Dearborn St Chicago, IL 60654-3826
Property summary
This exceptional 3,055-square-foot freestanding building presents a rare opportunity in Chicago's vibrant River North submarket. Located at the highly visible northeast corner of North Dearborn Street and West Superior Street, this single-story property boasts outstanding frontage and exposure on two major thoroughfares. The building is ideal for a variety of uses, including retail, restaurant, or medical office space, and offers ample power. Its prime location at a signalized intersection ensures high traffic and visibility, benefiting from both daytime and nighttime foot traffic. The property features attractive window lines maximizing visibility and the potential for outdoor patio seating along Superior Street. Situated in a thriving commercial corridor with numerous national brands and close proximity to public parking garages, this location offers unparalleled access and convenience. The building's adjacency to a new luxury development with hundreds of residential units further enhances its appeal. With immediate occupancy available, this is a once-in-a-generation opportunity to establish a flagship presence in one of Chicago's most desirable neighborhoods. The 100 Walk Score designates this area as a walker's paradise. The ability to brand the façade adds to the property's marketing potential. This property is a truly exceptional opportunity for a discerning business seeking a prominent location in the heart of River North, where the Gold Coast and River North meet.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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