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164 E Grand Ave
Chicago, IL 60611
Hampton Social · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
8,700 SF
Building Class
B
Year Built
2015
Tenancy
Single
Building Height
2 Stories
Building FAR
1.74
Lot Size
0.11 AC
Zoning
DX-12 - Downtown Mixed-Use District

AMENITIES

  • Restaurant
  • Signage

ABOUT 164 E GRAND AVE , CHICAGO, IL 60611

SVN Chicago Commercial is pleased to present the opportunity to acquire 164 E Grand Ave, which consists of an 8,700 square foot fully-stabilized restaurant building located within Chicago’s iconic Streeterville neighborhood. The asset’s tenant is the highly popular Hampton Social’s second Location. 164 E Grand is a premier investment opportunity with great exposure at the corner of Grand and St Clair just one block east of the Michigan Avenue Shopping District. This property boasts long term development potential with an underlying DX-12 zoning. Streeterville has long been considered one of Chicago’s most desirable neighborhoods with a dense population with favorable demographics. The location 164 E Grand is extremely attractive because of its close proximity to mass transit, Michigan Ave and a large well established population base. Gateway to Chicago, Streeterville is home to much of the city’s world renowned shopping, dining, museums, architecture, theatre, music and more. Offering a premier selection of professional office centers, residential high rises, and glamorous cultural destinations, Streeterville is widely regarded as one the cities areas to live, work and play. The neighborhood hosts more than 25 hotels, including the only three five star hotels in the Midwestern United States, the Ritz Carlton, The Peninsula Hotel, and the Four Seasons Hotel Chicago as well as the historic Drake Hotel. Streeterville is accessible via CTA Redline Grand and Chicago stations as well as numerous major CTA Bus routes. Lake Shore Drive also runs through the area, with multiple direct exits in both directions. During warm-weather months, water taxis and sightseeing boats ply the Chicago River along the south edge of the neighborhood and Navy Pier handles similar Lake Michigan water traffic.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 17-10-122-017-0000
  • 17-10-122-016-0000
Land Assessment
$375,000
Improvements Assessment
$417,750
Total Assessment
$792,750
  • Listing ID: 15280906

  • Date on Market: 2/26/2019

  • Last Updated:

  • Address: 164 E Grand Ave, Chicago, IL 60611

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