Eco Friendly
Address
868 N Franklin Street Chicago, IL
Price
$ 2,995,000
Property Attributes
  • MLS#10845194
  • TypeCommercial
  • CountyCOOK
  • CityChicago
  • AreaCHI - Near North Side
  • NeighborhoodNear North
  • Zip60610
  • Style
  • Year Built1921
  • Taxes67049
  • Price$ 2,995,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage9589
Listing Provided Courtesy Of:
Sperry Van Ness
Property Description

Unique, fully built-out restaurant bldg w/ existing infrastructure & substantial land and air rights for development adding value. As the long-time home of nationally acclaimed MK restaurant, this property is a fully-fixtured restaurant with approximately 5,715 SF above grade along plus a full-height approx. 3900 SF lower level, which contains all back of the house infrastructure for a restaurant. Total SF is 9589. Bldg has mezz & 2nd-level for private dining or other purposes. Space features soaring ceilings w/ bow truss roof in the main dining room, massive skylight, exposed brick & timber beams throughout; 2 ADA restrooms, bar, lounge, and potential for outdoor seating. Property could also be utilized for other uses including a nightclub, venue, banquet, office, medical, salon/spa, fitness, gallery, showroom, childcare, or school. Existing C1-5 zoning allows for 24,000 SF bldg to be constructed on-site w/o any zoning relief. Located in a TOD zone allowing for decreased parking requirements for new resi/mixed-use development. For sale at $2,995,000 or for lease at $35/sf NNN. Lease rate will only be charged on the 5715 SF above grade - lower level is included in the rent - no extra charge.

Price History
9/3/2020 Listed $2,995,000

General Features

Property SubType Free Standing Store
Property Type Retail/Stores
Property Type Commercial Sale
Standard Status Active
Zoning RTAIL

Exterior Features

Building Area Total 9589
Lot Dimensions 43X100X43X100

Room Details

Room Dimensions Level Flooring Details
Dining Room
Family Room
Living Room
Master Bedroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 60610

Price
AVG $850K
$3M
Taxes
AVG $32,296
$67,049
Visits
AVG 43
21
Year Built
AVG 1960
1921
Walkscore
AVG 94
97
Data Provided by Walkscore ® not using MLS data

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