Historical Multifamily Sale Listing - Institutional or Educational Headquarters?

Multifamily For Sale

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Institutional or Educational Headquarters?

851 Dearborn, Chicago, IL 60610

851 Dearborn

851 Dearborn

  • N/A
  • 2
  • 5,100 SF
  • Multifamily
  • Mid/High-Rise
  • Duplex/ Triplex/ Fourplex
    Special Purpose (Other)
    Religious Facility
  • Investment
  • 2.25%
  • 1890
Last Verified  11/2/2006 Listing ID  14374524

Highlights

  • Perfect for a High Profile Business
  • Architectural Digest Design
  • An Elevator Serves All Five Stories
  • A Cook's Kitchen For The Best in Entertaining
  • World Headquarters For a High Profile Firm
  • Located in Chicago's Gold Coast

Description

This is a truly superb unit located in Chicago's Gold Coast. The Unseen (But Huge) Value Play is the rumor of a zoning upgrade for business, as the blocks surrounding this unit have upgraded zoning that would add huge value to this unit. Think high end office suites or gallery, and think world class cith. And here is where this dazzilng unit really steps it up a notch. The first two floors would make a perfect office space for a not for profit (or a discreet in-home office), and the owner could live in the top three units which are Architectural Disgest Class in design and style. The unit has 6 high speed lines, all of which can daisy chain. So one could have six seperate servers for six businesses. The three story atrium is stunning as is the top floor conservatory with two patios with mature vegetation. The professioanl cook's kitchen is available for high profile entertaining. Perhaps most fundamental to the unit is the newly installed elevator that serves all five levels, thus serving the needs of those who have movement limitations. So if you or your clients wish to combine world class design and function in one of the best locations in the country, this may be the unit for

What can one say about Chicgo's Gold Coast? Access to the very best in culture, shopping, medicine, and business in one of the truly great cities of the world. This unit just shines as the home of a high powered hedge fund trading firm or a law firm or a world headquarter for a consultant. The possibilities are endless. All that is needed is for a zoning change to conform to the rest of the surrounding neighorhood. Would the current owners take a contigency offer based upon a zoning change? YES

Map of 851 Dearborn, Chicago, IL 60610 (Cook County)

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Created 10/18/2005

Additional Information for 851 N Dearborn Street, Chicago, IL 60610