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632 N Dearborn St
Chicago, IL 60654
TAO Chicago - Absolute NNN · Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Building Size
38,600 SF
Building Class
B
Year Built/Renovated
1892/2018
Tenancy
Single
Building Height
3 Stories
Building FAR
2.95
Lot Size
0.30 AC
Zoning
DX-5 - Downtown Mixed-Use District
Parking
9 Spaces (0.26 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Signage
- Signalized Intersection
About 632 N DEARBORN ST , CHICAGO, IL 60654
Located a few blocks from the distinguished North Michigan Avenue corridor in the River North neighborhood, the single tenant property is situated amongst some of the strongest demographics in the Midwest. The ±34,000 square foot former Chicago Historical Society building is now 100% occupied by TAO Chicago, operating under a 20-year absolute NNN lease. The iconic granite-clad stone castle features an immaculate build-out with a multi-level restaurant, posh lounge, and a separate but adjoining nightclub, providing exclusive entertainment and dining for up to 1,450 guests at a time.
Property Taxes
| Parcel Numbers | Improvements Assessment | $783,620 | |
| Land Assessment | $220,080 | Total Assessment | $1,003,700 |
Property Taxes
Parcel Numbers
Land Assessment
$220,080
Improvements Assessment
$783,620
Total Assessment
$1,003,700
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