642 N Dearborn St, Chicago, IL

Name: 642 N Dearborn St, For Sale in Chicago - Zoocasa
Brand: Jameson Sotheby's Intl Realty
SKU: 12788702
Price: 2100000 USD

House

For Sale

Listed price in listed location currency (USD).

$2,100,000

000

MLS® 12788702

Overview

Key Facts

Type Mixed Use

Levels Commercial Sale

Size 6100 sqft

Garage

Taxes $36,330

Days Active 0

Lot Size 2614 SF

Approx. Age 1872

Avg. Price Per Sqft $344

MLS® Number 12788702

Property Address: 642 N Dearborn St, Chicago, IL, 60654-0013

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity to own a distinctive historic mixed-use property in the heart of Chicago's vibrant River North neighborhood. Offering approximately 6, 100 square feet and DX-5 zoning (Downtown Mixed-Use District), this unique property blends classic architectural charm with modern updates and exceptional investment potential. Previously configured as five units, the property features a versatile combination of commercial and residential spaces, including upper-level accommodations currently utilized for short-term rentals, a separate coach house, and a private courtyard. Significant recent improvements include a completely renovated third floor (2025), featuring new flooring, kitchenette, countertops, appliances, cabinetry, and bathroom. The fourth floor underwent similar renovations in 2021. The coach house has also been refreshed with new vinyl flooring, freshly painted kitchen cabinets, and newer appliances. Additional upgrades include newer water heaters. Multiple potential income streams, flexible use options, and potential rooftop advertising revenue add to the property's appeal, subject to applicable approvals. Ideally located near River North's renowned restaurants, shopping, galleries, nightlife, and downtown attractions. An exceptional opportunity for investors, entrepreneurs, or owner-users seeking a unique property with character, versatility, and long-term potential.

MLS® Number12788702

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1872

Basement

Driveway

Garage Spaces

Heat

A/CCentral Air, Central Individual

Extras

Map

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