942-944 W Huron Street
Chicago, IL 60642

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Description

942-944 W. Huron Street represents a prime acquisition opportunity in Chicago's rapidly evolving River West neighborhood - a fully improved 5,840 SF retail building delivering immediate income, owner-user potential, and exceptional redevelopment upside. The property is currently configured as two nearly equal suites: one occupied by a local popular bagel retailer operating a high-quality commercial kitchen with pickup window, and one vacant modern office space designed and formerly operated by an award-winning distinguished architectural firm. A full unfinished basement with excellent ceiling height expands functional utility for storage or a custom build-out. Situated on a 4,896 SF lot built lot line to lot line, the property benefits from M1-3 zoning, unlocking extensive use and redevelopment potential - including possibilities for adaptive reuse, mixed-use conversion, or ground-up redevelopment. Steps from I-90/94 and within minutes of West Loop, Fulton Market, River North, and Downtown, the site is surrounded by robust residential and commercial growth. For investors, developers, or creative operators, 942-944 W. Huron offers a rare combination of stable cash flow, premier design pedigree, immediate occupancy options, and long-term value creation in one of Chicago's most strategically located corridors

Features

• Property Type: Commercial
• Sub Type: Retail/Stores
• Listing Status: Active Under Contract
• County/Area: Cook County
• Zip Code: 60642
• Year Built: 1930
• Sq.Ft.: 5,840 sq ft
• Stories: 2
• Units: 2 units
• Zoning: COMMR
• # Of Tenants: 1
• Building Area Total: 5840
• Construction Materials: Brick
• Cooling: Central Air, Central Individual, Zoned
• Directions: Milwaukee or Chicago to Morgan, to Huron, east to 942-944
• Electric: Circuit Breakers, Service - 201 to 600 Amps
• Expense Year: 2025
• Extra Storage Spaces Available (Y/N): Yes
• Fire Protection: Ansul System
• Flooring: Concrete
• Foundation Details: Concrete Perimeter
• Gross Income: 85955
• Gross Rentable Area: 5840
• Gross Scheduled Income: 85955
• Heat/Ventilation: Central Heat/Indiv Controls, Forced Air, Individual Furnaces
• Information: List Broker Must Accompany
• Insurance Expense: 11495
• Insurance Expense Source: Actual
• Leasable Area: 5840
• Leasable Area Units: Square Feet
• Lot Size Source: County Records
• Lot Size Square Feet: 4896
• Main Type: Commercial Sale
• Min Avail Sq Ft (Rentable): 2750
• Misc Inside: Private Restroom/s, Skylight/s, Basement, Mezzanine
• Operating Expense: 11495
• Outdoor Parking: 1-5 Spaces
• Property Offered: For Sale Only
• Property Sub Type: Neighborhood Storefront
• Roof Structure: Flat
• Tax Annual Amount: 29973.8
• Tax Year: 2024
• Tenant Pays: Air Conditioning, Electricity, Heat, Taxes, Scavenger, Sewer, Recapture Fee
• Total Annual Expense Source: Actual
• Total Monthly Income: 7166
• Township: West Chicago
• Utilities: Electric to Site, Natural Gas Available, Sewer Connected
• Water Drainage: Storm Sewers
• Water Source: Municipal Water