233 W Huron St
Neighborhood: River North
Cross Streets: Franklin St & Wells St
PROPERTY OVERVIEW: High profile corner retail space in prime River North location. Located on the first floor of a 6-story timber loft building with 100 residential condos above and commercial condos on the first floor and lower level. All of the other commercial spaces in the building have been leased and/or sold to a variety of high-end businesses including a new progressive Indian restaurant replacing Graham Elliot restaurant, Hair Loft Salon & Day Spa, The Franklin Room, Jennifer Norback gallery, and Russian Pointe/Aleksandra Enterprises.
LOCATION: This building is on the southeast corner of Huron and Franklin in the heart of the gallery/restaurant/ nightclub district in the River North neighborhood in downtown Chicago. It has easy access to the Expressways (3 blocks to the Ohio feeder ramp) and public transportation (subway and bus stations less than two blocks north) and has parking lots nearby as well as abundant street parking. The residential and office population continues to grow rapidly as a result of active development, including new high-rise apartments, hotels and office buildings, conversions of older industrial buildings into residential and/or office lofts, and high-end single family homes
DEMOGRAPHICS (2021) 1.0 MILE 2.0 MILE 3.0 MILE
TRAFFIC COUNTS: Nearly 50,000 vehicles per day (VPD) on Ohio feeder ramp (21,000 eastbound on Ohio Street, 28,000 westbound on Ontario Street), 17,000 VPD on Orleans Street, 8,500 VPD on Wells Street, and 23,000 VPD on Chicago Ave.
BASE LEASE RATE:
8,000 rentable square feet
167’ around corner of Huron & Franklin
Heavy timber with 13’ ceilings and 16’ x 17’ column spacing. Building is fully sprinklered.
Loft-style space with exposed heavy timber beams and ceiling, exposed spiral ductwork, and laminate flooring. Currently built-out as a children’s daycare facility with 9 classrooms, 6 bathrooms, catering kitchen/laundry and interior loading dock. This space was previously a high-end furniture store and a showroom & production studio for The Craftman Experience. None of the existing room partitions are structural.
PD (Planned Development #326), with DX-7 underlying zoning allowing virtually all commercial uses
Across the street from several public parking lots, abundant metered
street parking, multi-car loading zone in front. Valet parking service can be arranged if desired
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