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226 W Chicago Ave

Near North Side, Chicago, IL
Floors
3
Total Size
3,750 sqft
Lot Size
0 acres
Zoning
C
Year Constructed
1890

About 226 W Chicago Ave

The building at 226 West Chicago Avenue has nearly limitless potential for groups that want to buy mixed-use space in the Windy City.

The three-story building in the River North area of Chicago currently houses a restaurant, which makes it a great choice for a restaurant tenant. The existing build-out could easily be used for the next new eatery.

But the potential expands beyond restaurants at 226 West Chicago Avenue. The building also contains two beautiful loft apartments, which offers a prime opportunity for rental income along with the restaurant space.

This completely renovated building stands out in the neighborhood with classic charm and an attractive brick exterior. The awning in front provides advertising space, and the 3,750 square foot building also has a full basement.

226 West Chicago Avenue was built in 1890, and the convenient location in a high-traffic neighborhood near public transportation makes it a winning choice.

Companies at 226 W Chicago Ave

Bistro Voltaire Bar Restaurant Food

Internet Providers for 226 W Chicago Ave

Provider Technology Max Download Speed Max Upload Speed
RCN and RCN Business Solutions Fiber
10 Gb/s
10 Gb/s
Zayo Broadband Fiber
10 Gb/s
10 Gb/s
Comcast Cable
1 Gb/s
1 Gb/s
MegaPath Corporation DSL
50 Mb/s
50 Mb/s
AT&T Illinois DSL
25 Mb/s
1.5 Mb/s

The Neighborhood: Near North Side

On average, listings lease in the $30's per square foot per year. The Near North Side region is going through a an increase in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 15% rise in rent.

Compared to the rest of the Chicagoland market, the Near North Side submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.

Median Rate Median Size
Near North Side $40
/sqft/yr
3,620
sqft
Median Rate Median Size
Chicagoland $24
/sqft/yr
2,390
sqft

Median Rate over Time in Near North Side