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
PROPERTY DETAILS:

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.