64 E Chestnut St | Chicago, IL 60611
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64 E Chestnut St
Chicago, IL 60611
The Tremont Suites · Hospitality Property For Sale · 12,920 SF
INVESTMENT HIGHLIGHTS
- Trophy location in high barrier to entry neighborhood and just steps to the Magnificent Mile
- Option to build a new building or add stories to the existing structure
- Value-add opportunity as an apartment building, Short Term Rental business (STR) or development of a boutique condo
- DX-12 zoning allows for over 35,000 feet of Floor Area Ratio (FAR)
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 12,920 SF |
| Property Subtype | Hotel | No. Stories | 3 |
| Building Class | B | Year Built | 1891 |
| Lot Size | 0.08 AC | Corridor | Interior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.08 AC |
| Building Size | 12,920 SF |
| No. Stories | 3 |
| Year Built | 1891 |
| Corridor | Interior |
PROPERTY TAXES
| Parcel Number | 17-03-217-008-0000 | Improvements Assessment | $241,580 |
| Land Assessment | $262,500 | Total Assessment | $504,080 |
PROPERTY TAXES
Parcel Number
17-03-217-008-0000
Land Assessment
$262,500
Improvements Assessment
$241,580
Total Assessment
$504,080
ZONING
| Zoning Code | DX-12 (DX-12 Zoning) |
| DX-12 (DX-12 Zoning) |
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