IL
Cook
Chicago
60654
642 N Dearborn Street
642 N Dearborn Street, Chicago, IL 60654
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Listing Type
Commercial/Industrial
Listing Status
Active
12
$2,150,000

Home Details for 642 N Dearborn Street

Price
$2,150,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1890
County
Cook
Garage
Days on site
1
MLS Listing#
12528262
Property Description

This is an income-producing, mixed-use investment opportunity with a projected NOI of $135,514. The highly desirable historical River North property is adjacent to the highly acclaimed Tao restaurant and consists of five units, billboard income, and a shared outdoor garden patio. The property benefits from favorable remaining lease terms, an opportunity for short-term rental management for additional income, and favorable DX-5 zoning permitting a variety of uses. Recent upgrades include a completely updated 3rd floor completed in 2025 and an updated 4th floor completed in 2021. The property is located in the heart of River North, offering exceptional walkability, immediate access to amenities, and easy access to major transport options, including the CTA Red, Brown, and Purple lines and 90/94 Expressway.

Property Features
  • Cooling Information
    • Central Air
Listing Courtesy: Sperry Van Ness - 312-676-1866
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2025-12-08 08:46:03. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2025-12-08 08:46:03
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EXIT INFINITY REALTY
1621 W. Walnut St #100, Chicago, IL 60612
Office
312 834 4383
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