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201 S. Ashland Ave. Ave 36,294 SF Sports & Entertainment Building Offered at $9,995,000 in Chicago, IL 60607
EXECUTIVE SUMMARY
A Historic Landmark Reimagined for Modern Events – In the Heart of Chicago
Step into a piece of history—brilliantly reborn. Located in the heart of Chicago, this fully renovated, landmarked building offers a rare fusion of architectural grandeur and contemporary design, meticulously reimagined to serve as a premier event destination. Every inch of the structure has been thoughtfully updated—from the structural and mechanical systems to the interior finishes—creating a seamless blend of historic charm and modern sophistication.
Spanning multiple levels and configurations, the property features six distinct event spaces—both indoor and outdoor—each offering its own unique ambiance. From intimate gatherings of 20 to grand celebrations of up to 500 guests, the venue adapts effortlessly to weddings, corporate functions, art showcases, concerts, and more.
At the heart of the property is a state-of-the-art concert hall, where acoustics and design come together to deliver unforgettable experiences. For more personal occasions, smaller rooms offer cozy, elegant backdrops filled with warmth and character.
Two fully built-out bar areas—one located just off the main hall (formerly a historic church space) and another on the upper level—add convenience and sophistication to any event. Whether you're planning a black-tie affair, hosting a team-building retreat, or curating an immersive gallery experience, this venue is a canvas for creativity and connection.
A rare opportunity to own or operate a turnkey event space in one of the city’s most dynamic and accessible locations—where history, design, and versatility converge.
https://brochures.christiesrealestate.com/view/635531080/
Step into a piece of history—brilliantly reborn. Located in the heart of Chicago, this fully renovated, landmarked building offers a rare fusion of architectural grandeur and contemporary design, meticulously reimagined to serve as a premier event destination. Every inch of the structure has been thoughtfully updated—from the structural and mechanical systems to the interior finishes—creating a seamless blend of historic charm and modern sophistication.
Spanning multiple levels and configurations, the property features six distinct event spaces—both indoor and outdoor—each offering its own unique ambiance. From intimate gatherings of 20 to grand celebrations of up to 500 guests, the venue adapts effortlessly to weddings, corporate functions, art showcases, concerts, and more.
At the heart of the property is a state-of-the-art concert hall, where acoustics and design come together to deliver unforgettable experiences. For more personal occasions, smaller rooms offer cozy, elegant backdrops filled with warmth and character.
Two fully built-out bar areas—one located just off the main hall (formerly a historic church space) and another on the upper level—add convenience and sophistication to any event. Whether you're planning a black-tie affair, hosting a team-building retreat, or curating an immersive gallery experience, this venue is a canvas for creativity and connection.
A rare opportunity to own or operate a turnkey event space in one of the city’s most dynamic and accessible locations—where history, design, and versatility converge.
https://brochures.christiesrealestate.com/view/635531080/
PROPERTY FACTS
| Price | $9,995,000 | Lot Size | 0.84 AC |
| Price Per SF | $275.39 | Building Size | 36,294 SF |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Sports & Entertainment | Year Built/Renovated | 1900/2021 |
| Property Subtype | Theater/Concert Hall | Cross Streets | Adams |
| Building Class | B |
| Price | $9,995,000 |
| Price Per SF | $275.39 |
| Sale Type | Investment |
| Property Type | Sports & Entertainment |
| Property Subtype | Theater/Concert Hall |
| Building Class | B |
| Lot Size | 0.84 AC |
| Building Size | 36,294 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1900/2021 |
| Cross Streets | Adams |
AMENITIES
- Lounge
- Air Conditioning
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Walk Score®
Very Walkable (88)
Transit Score®
Excellent Transit (81)
Bike Score®
Biker's Paradise (91)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $402,610 | |
| Land Assessment | $299,141 | Total Assessment | $701,751 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$299,141
Improvements Assessment
$402,610
Total Assessment
$701,751
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201 S. Ashland Ave. Ave
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