Office Space at 225 W Hubbard St in Chicago
Located at the corner of Franklin and Hubbard Streets in the River North submarket of downtown Chicago, this rare offering provides prospective buyers the opportunity to acquire highly-sought-after brick and timber structure in an irreplaceable location of River North with tremendous “mark-to-market” upside as leases expire. The Property is also suitable for an owner/user to occupy some or all of the Property with an estimated $2.5MM occupancy cost savings versus renting based on a 10-year lease. SVN Chicago Commercial, as the exclusive agent for Ownership, is pleased to offer the opportunity to acquire the second and third floor of 225 West Hubbard (“The Property”). The Property consists of two condominium units totaling 16,152 square feet, which are two full floors (2nd & 3rd) of a six-story brick and timber loft office building.
Located at the corner of Franklin and Hubbard Streets in the River North submarket of downtown Chicago, this rare offering provides prospective buyers the opportunity to acquire highly-sought-after brick and timber structure in an irreplaceable location of River North with tremendous “mark-to-market” upside as leases expire. The Property is also suitable for an owner/user to occupy some or all of the Property with an estimated $2.5MM occupancy cost savings versus renting based on a 10-year lease. SVN Chicago Commercial, as the exclusive agent for Ownership, is pleased to offer the opportunity to acquire the second and third floor of 225 West Hubbard (“The Property”). The Property consists of two condominium units totaling 16,152 square feet, which are two full floors (2nd & 3rd) of a six-story brick and timber loft office building.
