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407 S Dearborn St
Chicago, IL 60605
Old Colony Building · Property For Lease · 166,400 SF

Highlights

  • Ground floor of Old Colony - a newly renovated 137 unit, 472 bed Student Housing Building
  • Great existing tenants include Taco Bell Cantina & Subway
  • Finished Basement Space Available for Storage/Commissary
  • Two Retail spaces remaining ranging in size from 626 SF to 1,547 SF
  • Black Iron Newly Installed for Restaurant Tenants
  • Area Retail: Dollop Coffee, Funk's Barbershop, Brando's Speakeasy, Potbelly, Meli Cafe', 7-Eleven

About the Property

Join new restaurant concept Taco Bell Cantina and Subway at The Old Colony Building in Chicago's Loop. Located across from Columbia College, this ground floor commercial space is beneath a nely renovated 137 unit/472 bed student housing building with immediate access to more than 95,000 students from Columbia, DePaul University, Robert Morris College, The Art Institute of Chicago, John Marshall Law School, Roosevelt University and others within the vicinity are potential customers of this site. High profile retail/commercial space w/ black iron newly installed. This is a tremendous opportunity for a retail or fast casual use catering to students and the surrounding business community. Finished basement space available for storage or commissary. Built in 1893, The Old Colony Building was once the tallest building in the city of Chicago. Conveniently located on the corner of Dearborn & Van Buren, the Old Colony building is adjacent to the Harold Washington Library-State/Van Buren "L" Blue Line Station, and is easily accessible via all mass transit. Another major CTA station is only one block away. Four bus lines also run up and down busy Dearborn Street. Steps to tens of thousands of Loop office workers, hotels, restaurants and over 95,000 students in the immediate area.

Property Facts

Property Type Multifamily
Property Subtype Apartment
Apartment Style Hi-Rise
Building Size 166,400 SF
Year Built 2014
  • Listing ID: 4264459

  • Date on Market: 9/25/2016

  • Last Updated:

  • Address: 407 S Dearborn St, Chicago, IL 60605

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