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The Antiquarians Building 159 W Kinzie St 23,500 SF Retail Building Chicago, IL 60654 $4,695,000 ($199.79/SF)
INVESTMENT HIGHLIGHTS
- Value-add opportunity to remodel for a multitude of potential uses.
- The building is an Excellent alternative for Merchandise Mart exhibitors, hospitality uses or social entertainment venues.
- All existing buildings have full-depth basements.
EXECUTIVE SUMMARY
The building is currently vacant. Ownership is offering the builing in an as-is condition giving the purchaser a value-add opportunity to remodel for a multitude of potential uses. The property (encompassing two Lots at 157 - 159 W. Kinzie Street) is located in the Chicago Central Business District on the south side of W. Kinzie Street, approximately 125 feet west of the southeast intersection of N. Wells Street and W. Kinzie Street. The property has overall dimensions of approximately 40-feet wide by 165 feet deep. There are existing 2-story and a 3-story buildings located on northern-half of the property and a 5-story building located on the southern-half. All existing buildings have full-depth basements. The building is currently vacant. Ownership is offering the building in an as-is condition giving the purchaser a value-add opportunity to remodel for a multitude of potential uses. Given the location, the building is an Excellent alternative for Merchandise Mart exhibitors, hospitality uses or social entertainment venues.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
23,500 SF
Building Class
B
Year Built
1890
Price
$4,695,000
Price Per SF
$199.79
Tenancy
Multiple
Building Height
3 Stories
Loading Docks
1 Exterior
Building FAR
3.56
Lot Size
0.15 AC
Zoning
DC-12
Frontage
60’ on Kinzie St
AMENITIES
- Commuter Rail
- Signage
Walk Score®
Walker's Paradise (97)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (77)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $770,251 | |
| Land Assessment | $487,500 | Total Assessment | $1,257,751 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$487,500
Improvements Assessment
$770,251
Total Assessment
$1,257,751
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The Antiquarians Building | 159 W Kinzie St
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