116 N Aberdeen Street
Chicago, IL 60607

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Description

Rare opportunity to own a prime property in Chicago's red-hot West Loop at 116 N. Aberdeen, just off the corner of Randolph Street and next door to McDonald's global headquarters. The existing buildout includes a full commercial kitchen with hood and black iron, 2 bars, 4 bathrooms, and a large garage door that opens to sidewalk patio area ideal for dining. Zoned DX-3, this site offers incredible flexibility for office, retail, dispensary, or continued restaurant/bar/nightclub use. Located in one of the city's most vibrant and fastest-growing neighborhoods, this property is surrounded by the best restaurants, luxury developments, and major corporate offices-making it an ideal opportunity for investors, developers, or owner-users looking to capitalize on a high-traffic, high-visibility location. Broker must assist on showings. Please do not disturb the tenant or employees.

Features

• Property Type: Commercial
• Sub Type: Retail/Stores
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60607
• Year Built: 1892
• Sq.Ft.: 2,900 sq ft
• Stories: 1
• Units: 1 unit
• Zoning: RTAIL
• # Of Drive In Doors: 2
• # Of Tenants: 1
• Building Area Total: 2900
• Cap Rate: 6061
• Ceiling Height (Ft): 13
• Construction Materials: Brick
• Cooling: Central Air
• Directions: Follow I-90 E/I-94 E to W Randolph St. Take exit 51B from I-90 E/I-94 E Take exit 51B for W Randolph St toward 150 N Continue on W Randolph St. Drive to N Aberdeen St then make a left turn south to property.
• Electric: Circuit Breakers, Service - 201 to 600 Amps, Power - 120V, Power - 240V, Three Phase
• Estimated Cam/Sf: 2
• Estimated Tax/Sf: 6.5
• Extra Storage Spaces Available (Y/N): Yes
• Flooring: Concrete
• Foundation Details: Concrete Perimeter
• Gross Rentable Area: 2900
• Heat/Ventilation: Central Bldg Heat, Forced Air, Gas
• Indoor Parking: 1-5 Spaces
• Information: List Broker Must Accompany
• Leasable Area: 2900
• Location: Mixed Use Area, Public Transport Avail
• Lot Size Square Feet: 2900
• Main Type: Commercial Sale
• Min Avail Sq Ft (Rentable): 2900
• Misc Inside: Heavy Floor Load, Public Restroom/s, Storage Inside
• Net Rentable Area: 2900
• Outdoor Parking: 1-5 Spaces
• Property Offered: For Sale Only
• Roof: Membrane, Rubber
• Roof Structure: Flat, Wood Joists
• Tax Year: 2022
• Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Operating Stops, Taxes, Insurance, Repairs, Roof, Scavenger, Sewer
• Township: West Chicago
• Utilities: Electricity Available, Natural Gas Available, Water Available
• Water Drainage: Floor Drains
• Water Source: Municipal Water