110 E Delaware Pl | Chicago, IL 60611
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- LoopNet Team
110 E Delaware Pl
Chicago, IL 60611
Michigan Place · Multifamily Property For Sale
·
64 Units
Investment Highlights
- Fully stabilized, low maintenance and easy to manage STNL investment opportunity leased to multi-unit operator MARCUS - Curated Luxury Collection.
- 3,712 SF commercial condo featuring high-end custom buildout with highly sought-after Gold Coast retail frontage and easily accessible parking.
- In the immediate vicinity of Chicago’s best shopping, food, entertainment, Class-A office product, medical office & most expensive residential homes.
- 10-year, 5-month initial lease term with 2 years remaining and 3 fixed 5-year options with scheduled 2.00% annual rent increases.
- Surrounded by high-profile luxury retailers including Chanel, Moncler, Hermes, Cartier, Prada, Golden Goose, Van Cleef, Harry Winston, Rolex etc.
- Easy access to DuSable Lake Shore Drive.
Executive Summary
Highly desirable STNL Gold Coast commercial condo with excellent retail exposure located adjacent to the Four Seasons Hotel main lobby entrance and the 900 North Michigan Shops featuring retailers such as Gucci, Bloomingdale’s, Club Monaco, Bonobos, Kate Spade and more.
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Heating
Site Amenities
- Clubhouse
- Doorman
- Storage Space
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 64 | - | - |
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