PROPERTY LOCATION
Palmer House Retail Shops
17 East Monroe Street
Chicago, Illinois 60603
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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
PROPERTY DESCRIPTION
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.
Palmer House Retail Shops

For more information contact  

Richard Deptula
Friedman Real Estate
richard.deptula@freg.com
Tel: 248-848-4938
https://www.friedmanrealestate.com