Servicer Sale: Value-Add Mixed-Use Investment | Chicago River North

Highlights:

• Prime River North Urban Infill Location – Situated in one of Chicago’s most established downtown neighborhoods, surrounded by dense residential, retail, office, and hospitality uses, with convenient access to the Loop, Magnificent Mile, and West Loop.
• In-Place Cash Flow with Lease-Up Opportunity – The Property is 77% leased, generating current income while offering additional upside through the lease-up of the remaining vacant space.
• Service-Oriented Tenant Mix – The tenant roster consists of fitness, medical, and personal service users that rely on physical locations and consistent customer traffic, providing resilience across economic cycles.
• Long-Term Lease Profile – A majority of the occupied space is leased to tenants with expirations extending to 2030, providing income stability and limited near-term rollover risk.
• Historic Character with Modern Functionality – Originally constructed in 1890 and renovated in 2002, the building features classic masonry construction, high ceiling heights, and an elevator serving all floors.
• Flexible Use Profile – The building layout supports a range of retail, fitness, and medical office uses, appealing to a broad buyer and tenant base in a supply-constrained urban submarket.

Description:

Ri Marketplace Online Auction February 16th-18th, 2026
Register to bid on Marketplace:

https://rimarketplace.com/auction/2941/servicer-sale-value-add-mixed-use-investment-chicago-river-north?utm_source=breviats&utm_medium=listing&utm_campaign=external&utm_content=mixeduse_2941

Transwestern Commercial Services, LLC, in conjunction with RealINSIGHT Marketplace, is pleased to present for sale 310 West Superior Street, a multi-tenant mixed-use retail, office, and medical property located in the River North neighborhood of Chicago, Illinois. The Property is a ±22,039 square-foot building consisting of three stories above grade totaling approximately 16,997 SF, plus a 5,042 SF lower level, and is currently 77% leased. The Property offers investors in-place cash flow with additional upside through the lease-up of the remaining vacant space.

310 West Superior Street is located in River North, one of Chicago’s most active and desirable downtown neighborhoods. The area is known for its dense residential base, strong foot traffic, and concentration of restaurants, retail, and office users. The Property benefits from convenient access to the Loop, the Magnificent Mile, and surrounding neighborhoods via nearby arterial streets and public transportation.

The building was originally constructed in 1890 and renovated in 2002, and features flexible floor plates, high ceiling heights, and an elevator serving all floors. The Property is currently cash flowing and benefits from a weighted average remaining lease term of approximately 4.75 years, providing near-term income stability.

The Property is supported by strong local demographics, including an affluent residential population and a large daytime workforce. River North continues to experience steady demand from service-oriented and experiential tenants, supporting long-term occupancy and rental stability.


Scott Bowers
c/o Fisher Auction Company Inc.
License: 040000273
The platform fee for this transaction is the greater of 5.00% or a minimum of $25,000.

Documents: