Greenstone Partners, as the Exclusive Investment Advisors, is pleased to present the opportunity to acquire the 100% fee-simple interest in 50 E Huron Street (the “Property”), an urban infill office redevelopment prominently located in Chicago’s booming River North neighborhood.

The ±39,980 square foot, five-story office property is situated upon ±12,500 square feet of land with 125 feet of frontage along Huron Street. The Property, formerly occupied by the American Library Association, is currently vacant. In 2020, the underlying Planned Development (PD-173) was amended to allow for an increased building size, height and footprint. The approved building is approximately 130% larger at ±72,500 SF stretching over eight floors and includes underground parking for 22 vehicles.

Located 1-mile north of the Chicago CBD ‘Loop’, the River North neighborhood is home to dozens of acclaimed restaurants and bars, attracting Chicagoans and tourists alike. The historic neighborhood is known as one of the best in Chicago and is home to the city’s highest concentration of luxury retailers and highest grossing restaurants. The Property benefits from River North’s diversified and dense demographics and is steps from Michigan Avenue, known as the “Mag Mile” and home to some of the city’s best shopping & hotels, including Nordstrom, Starbuck Reserve, Apple store, Bloomingdales, Neiman Marcus, The Harry Potter experience store, and many others.