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Description de la propriété
77 W. Chestnut is a premier 7,380 square feet building located at the southeast corner of Clark and Chestnut on the border of Chicago’s preeminent neighborhoods, Gold Coast and River North. The property offers a broad range of potential uses including ultra-luxury condominiums, medical office, co-living or owner-user office use. It is zoned as subarea C of PD-1262 which is the planned development for The Aurelian, next door. Current entitlements do not allow for any additional FAR and a maximum of six residential units.
Informations clés concernant l'investissement
- Generational small scale opportunity with zoning that allows for a myriad of uses within Chicago's most popular neighborhood
- Sought after location attracts and retains a highly affluent and educated tenant base
- Provides owner-user with the chance to build equity in office building instead of paying rent in a crowded office tower
- Direct access to premier shopping, dining and natural amenities