260 East Chestnut Street, Unit 4Chicago, IL 60611Price: $995,000

  • Price: $995,000
  • 35 Days on Market
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Federal 30-year interest rate: 6.58% last updated on Nov 23, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 41,250Square Feet
  • 1965Year Built

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Just east of the "Mag Mile" and just west of Lake Michigan, 260 E. Chestnut is a Gold Coast "hidden gem". This is a perfect location for a variety of uses; Fine Dining Restaurant (this location has been a French restaurant since 1967), Tech Office, Professional Office, Salon, Retail, Bar, Coffee House, Grocery, Medical Clinic, Fitness Center, Dry Cleaner and so much more. This is a fee simple commercial condo on the first floor with a lobby entrance and a huge picture window facing the lake. The total space breaks down as follows: 2,900sf main interior space includes a restaurant kitchen, first floor restaurant seating area, full bar and bar seating area, closet/storage, second floor additional restaurant seating area, private bathrooms, storage and office; 548sf basement private room for added storage which includes a walk-in cooler, a walk-in freezer, air-conditioning mechanicals; 224sf garage outside of the building's first floor for additional storage and containment of dumpsters and grease refuse. Walk to Water Tower, Michigan Ave., and Lakefront. Tons of foot traffic! Space is currently leased on a month to month basis.

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Listed by Mark Markarian of Jameson Sotheby's Intl Realty

Based on information submitted to MRED  as of November 29, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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