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| PROPERTY
LOCATION |
Palmer House Retail Shops
17 East Monroe Street
Chicago, Illinois
60603
map it
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| PROPERTY SUMMARY |
Type:
Mixed Use
Class:
B
Price:
Contact Broker
Auction
Measurement/Yardstick:
68,348
Sq Ft
Number of Buildings:
1
Number of Floors:
0
Occupancy:
34%
Year Built:
1929
Year Renovated:
2007
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| PROPERTY
DESCRIPTION |
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Mixed use retail/office condo & parking garage situated in the first two levels of the Palmer House Hilton Hotel. Located inside The Loop -0.7 miles from Chicago CBD. 134,536 sf consisting of 53,948 sf of retail, 14,400 sf office, totaling 68,348 sf. There are 156 parking spaces of which 55 spaces are tandem spaces (converted to allow for self-parking) within the parking garage on 1.99 acres of land (overall ratio 2.28/1,000 sf). Per the REA retail portion is required to provide 155 spaces to the Hilton guests. Parking is run by SP Plus and they are paid a 2% fee for managing the valet service.
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For more information contact
Richard Deptula
Friedman Real Estate
richard.deptula@freg.com
Tel:
248-848-4938
https://www.friedmanrealestate.com
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