1 Huron StChicago, IL 60611

Property Details for 1 Huron St

Year built

1900

Lot size

0.04 AC

Property size (Sq ft)

1,300 SF

Property type

Retail space

Property subtype

Storefront properties

APN

17-10-107-010

APU

1710107010

Description

This exceptional 1,800-square-foot commercial space, located at 1 E. Huron Street in Chicago's desirable River North/North Michigan Avenue submarket, presents a unique opportunity. Situated on the first floor of a three-story building constructed in 1900 and renovated in 2012, this space boasts a 10-foot ceiling height and benefits from abundant natural light due to its large windows. The property is zoned B7-6 and features a fully built-out, plug-and-play layout, previously occupied by a fitness studio. Its prime location offers high visibility on both State Street and Huron Street, providing excellent exposure for any business. The building itself includes a salon on the first floor and residential units on the third floor. While there is no on-site parking, the property's central location offers easy access to public transportation and nearby parking options. The space is part of a larger 5,400-square-foot building with Cook County APN 17-10-107-010-0000. The property's annual taxes are $8.50 per square foot. The space is served by 200 amps of power, but lacks an elevator. This versatile space is ideal for medical, executive, or creative office uses. Its proximity to over 3,000 high-end residential units within two blocks ensures a strong potential customer base. The space is immediately available.

• CAP approach

  CAP return

  Valuation

  6%

  $614,141

  6.5%

  $566,899

  7%

  $526,406

• Comparable approach

  Method

  Valuation

  Relative Method

  $426,699

  Geo Method

  $426,699

• Alternative Use

  Use

  Valuation

  Residential

  $478,201

  Hospitality

  $438,029

  Educational

  $364,435

  Medical

  $376,969

  Retail

  $566,899

Location Insight

City

Chicago

County

Cook

State

Illinois

Latitude

41.8947

Longitude

-87.628

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].