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64 E Chestnut St
Chicago, IL 60611
The Tremont Suites · Hospitality Property For Sale
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12 Rooms
Investment Highlights
- Trophy location in high barrier to entry neighborhood and just steps to the Magnificent Mile
- Option to build a new building or add stories to the existing structure
- Value-add opportunity as an apartment building, Short Term Rental business (STR) or development of a boutique condo
- DX-12 zoning allows for over 35,000 feet of Floor Area Ratio (FAR)
Property Facts
| Property Type | Hospitality | No. Rooms | 12 |
| Property Subtype | Hotel | No. Stories | 3 |
| Building Class | B | Year Built | 1891 |
| Lot Size | 0.08 AC | Corridor | Interior |
| Building Size | 12,920 SF | ||
| Zoning | DX-12 - DX-12 Zoning | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.08 AC |
| Building Size | 12,920 SF |
| No. Rooms | 12 |
| No. Stories | 3 |
| Year Built | 1891 |
| Corridor | Interior |
| Zoning | DX-12 - DX-12 Zoning |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 12 | $225.00 | - |
Property Taxes
| Parcel Number | 17-03-217-008-0000 | Improvements Assessment | $48,316 |
| Land Assessment | $108,675 | Total Assessment | $156,991 |
Property Taxes
Parcel Number
17-03-217-008-0000
Land Assessment
$108,675
Improvements Assessment
$48,316
Total Assessment
$156,991
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