Overview

Description

Colliers is pleased to present this historic three-story office/retail property comprised of two connected units, 802 & 804 N Dearborn Avenue, in the heart of Chicago's Gold Coast neighborhood. Meticulously Restored in 2010 with recent additional renovations of $370,388 and currently built out and licensed as a preschool, the 7,200 SF building sits on a 3600 SF lot. It has been home to Urban Child Academy Preschool since 2010. DX-3 Zoning allows for various business uses permitted "By Right." The property is well-positioned in a densely-populated area among some of Chicago's best restaurants, high-end boutique retail, hotels, corporate offices, and entertainment venues. It boasts some of the best demographics in the city, with 76,000 households, a population of more than 104,000, and an average household income of more than $146,574 within a one-mile radius. The subject property is located a block from the CTA's Red Line, bus stops, and steps from Washington Square Park, with a Walkscore of 100. It is ideal for childcare, med-spa, veterinary, medical, physical therapy, outpatient care, or dental use. Don't miss out on this exceptional opportunity to purchase a remarkable real estate asset in Chicago's most prized and thriving neighborhood.

This property sits a block and a half from Washington Square Park in the Gold Coast neighborhood of Chicago's Near North Side Section. The Near North Side is known for its extreme affluence, typified by the Gold Coast, Magnificent Mile, Navy Pier, and skyscrapers. Not only is it the oldest part of Chicago, but it is also the city's most densely populated community, with 105,481 residents. The Gold Coast consists mostly of luxury high-rise apartment towers, buildings, and stone mansions. Along almost every boulevard of the Gold Coast has upscale boutiques and shops and claims many of Chicago's best know and highly rated restaurants. Giorgio Armani, Barney's, Brioni, Brunello Cucinelli, Bulgari, Tory Burch, Cartier SA, Chanel, Jimmy Choo, Christian Dior, Dolce & Gabbana, Escada, Tom Ford, Gucci, Hermès, Lanvin, Christian Louboutin, Marc Jacobs, Max Mara, Moncler, Prada, Yves Saint Laurent, Paul Stuart, Van Cleef & Arpels, Versace, Louis Vuitton, Vera Wang, and Harry Winston are just a few of the dozens of designers that have locations in the exclusive neighborhood. Also, Aston Martin, BMW, Bentley, Bugatti, Lamborghini, Maserati, Rolls-Royce, and Tesla all have dealerships on the Gold Coast. Just to the East, the Near North Side's Streeterville Neighborhood houses some of the city's tallest skyscrapers, its world-famous Magnificent Mile, Navy Pier, and Northwestern University's Northwestern Memorial Hospital.

Highlights

• Meticulously Restored in 2010
• Recent Additional Renovations of $370,388
• Currently Licensed for Preschool/Daycare
• 2,800 SF Secure Fenced-in Outdoor Area
• Fire Alarm/Suppression & Security Systems
• Eligible for Chicago Historic Incentives
• High Ceilings
• Proximity to Park and High-Street Retail
• 100 Walkscore™

Documents

---