942 Huron StChicago, IL 60642

Property Details for 942 Huron St

Year built

1896

Property size (Sq ft)

4,800 SF

Property type

Office properties

Property subtype

Office space

Description

This exceptional investment opportunity presents a fully occupied, multi-unit creative office building located at 944 W Huron St, Chicago, IL 60642. The property, a 50-foot-wide masonry and heavy timber loft building, underwent a complete gut renovation in 2007, seamlessly blending industrial charm with modern functionality. The building comprises two side-by-side duplex commercial units, each spanning three levels (ground, mezzanine, and basement), totaling 4,800 to 10,080 square feet. One unit, a 2,800 square foot office, is currently leased to an architectural firm. The second unit is a state-of-the-art commercial kitchen, leased until 2028, featuring high-end equipment including Black Iron venting, gas lines, a 16-foot walk-in cooler, and a high-efficiency air handler/exhaust system with an Ansul fire suppression system. The 2007 renovation included expansive commercial-grade grid windows, sophisticated walnut-paneled walls, skylights, and updated plumbing, all supported by a robust 600 Amp electrical service. Ceiling heights vary, reaching up to 15 feet on the main levels and 7'10" in the basement. The property includes a rear loading dock accessible from Superior Street and three dedicated parking spaces. Zoned M1-3, this property offers potential for a Special Use Permit for residential conversion or expansion. Its prime location, a block from the Blue Line and I-90/94, near Goose Island and Lincoln Yards, makes it an unparalleled investment. The asking price is $1,800,000, with a net lease and a remaining lease term of 5 years. The building was constructed in 1896 and is a single-story structure situated on a 4,896 square foot lot.

Location Insight

City

Chicago

County

Cook

State

Illinois

Latitude

41.895

Longitude

-87.6517

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