642 N DEARBORN ST, Chicago, IL 60654
642 N DEARBORN ST, Chicago, IL 60654
642 N DEARBORN ST, Chicago, IL 60654
642 N DEARBORN ST, Chicago, IL 60654
642 N DEARBORN ST, Chicago, IL 60654
642 N DEARBORN ST, Chicago, IL 60654
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Listed by Oltita Brennanof Jameson Sotheby's Intl Realty
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Est. payment | /mo

6,100 SqFt


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Est. payment | /mo
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6,100 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 6,100 sqft

MLS Listing ID 12788702

Year Built 1872

Annual Tax Amount $36,329

Tax Year 2025

Lot Dimensions 25 X 130

Property Sub-Type Mixed Use

Property Description

Rare opportunity to own a distinctive historic mixed-use property in the heart of Chicago's vibrant River North neighborhood. Offering approximately 6,100 square feet and DX-5 zoning (Downtown Mixed-Use District), this unique property blends classic architectural charm with modern updates and exceptional investment potential. Previously configured as five units, the property features a versatile combination of commercial and residential spaces, including upper-level accommodations currently utilized for short-term rentals, a separate coach house, and a private courtyard. Significant recent improvements include a completely renovated third floor (2025), featuring new flooring, kitchenette, countertops, appliances, cabinetry, and bathroom. The fourth floor underwent similar renovations in 2021. The coach house has also been refreshed with new vinyl flooring, freshly painted kitchen cabinets, and newer appliances. Additional upgrades include newer water heaters. Multiple potential income streams, flexible use options, and potential rooftop advertising revenue add to the property's appeal, subject to applicable approvals. Ideally located near River North's renowned restaurants, shopping, galleries, nightlife, and downtown attractions. An exceptional opportunity for investors, entrepreneurs, or owner-users seeking a unique property with character, versatility, and long-term potential.

Location

State IL

County Cook

Zoning MULTI

Interior

Cooling Central Air, Central Individual

Flooring Carpet, Vinyl, Other

Fireplace N

Exterior

Utilities Available Electric to Site, Natural Gas Available

View Y/N true

Roof Type Reflective Coating,Rubber

Building

Foundation Stone

Structure Type Brick,Stone

Midwest Real Estate Data (MRED) VOW

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642 N DEARBORN ST

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