114 North Halsted Street, Chicago, IL

$2,850,000

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About 114 North Halsted Street

Proud to present an opportunity to acquire a fully leased 4,850 SF three-tenant retail condo in the heart of Chicago's Fulton Market / West Loop. The Property is occupied by Aqua Wine & Spirits, Love You Nail Studio, and Healthy Zu Spa, with a 5.5-year WALT and 2.5-3 percent annual rent escalations. Current rents are ~40% below Randolph Street, offering stable cash flow with significant upside potential. Located steps from Randolph Street's acclaimed dining and retail corridor, the Property benefits from unmatched connectivity (Walk Score 99, Transit Score 94) and exceptional demographics, including 337K+ daytime employees within one mile and an average household income of $161K. Surrounded by premier corporate headquarters, luxury residences, and over 5M SF of planned office/life science development, this asset is positioned for durable long-term growth in Chicago's most dynamic neighborhood.

Features of 114 North Halsted Street

MLS® # 12472766
Price $2,850,000
Bathrooms 0.00
Acres 0.00
Year Built 2009
Type Commercial Sale
Sub-Type Retail/Stores
Status Active

Community Information

Address 114 North Halsted Street
Area CHI - Near West Side
City Chicago
County Cook
State IL
Zip Code 60607

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Has Basement No

Exterior

Exterior Brick
Foundation Concrete Perimeter

Additional Information

Days on Market 31
Zoning COMMR
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeStar Realty & Management
Contact Info312-371-2564

Listing Map

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