TAO Chicago
Chicago, IL 60654
632 N Dearborn Logo Image
632 N Dearborn
Chicago, IL 60654
  • Asking Price: Call for Details
  • Cap Rate: Call for details
  • Lease Type: NNN
  • Status: Available

Execute Confidentiality Agreement for more details at www.632NorthDearborn.com. Baum Realty Group, LLC (“Baum”), as exclusive advisor, is pleased to announce the opportunity to acquire 632 N. Dearborn St. (the “Property”), a generational investment property located in the heart of River North, Chicago's upscale entertainment, dining, and retail district. Located a few blocks from the distinguished North Michigan Avenue corridor in the River North neighborhood, the single tenant property is situated amongst some of the strongest demographics in the Midwest. The ±34,000 square foot former Chicago Historical Society building is now 100% occupied by TAO Chicago, operating under a 20-year absolute NNN lease. The iconic granite-clad stone castle features an immaculate build-out with a multi-level restaurant, posh lounge, and a separate but adjoining nightclub, providing exclusive entertainment and dining for up to 1,450 guests at a time. The Property is being offered without an asking price. All inquiries regarding the offering should be directed to Baum.