Description
Absolutely magnificent opportunity to own a 51 unit apartment building/hotel in the heart of the West Loop Gate. This was an office suites building that has been completely taken down to the brick, Timber Loft Building. Special attention has been accounted for, a completely furnished with warm modern feel as a class A Building. The building will be completely occupied by Sonder Hospitality mid to late February, 2023. The lease runs for 10 years with 2, 5-year options. 3% increases in rent year to year, compounding and perpetual. Unbelievable piece of property and exceptional lease with thriving multi national Hospitality Company, Sonder.
Location
Based on information submitted to the MRED as of date and time shown below. All data is obtained from various
sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change
without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the
office/agent presenting the information. © 2022. http://www.mredllc.com/comms/resources/DMCA_Notice.pdf Updated: 29th March, 2023 1:42 PM (UTC)
sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change
without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the
office/agent presenting the information. © 2022. http://www.mredllc.com/comms/resources/DMCA_Notice.pdf Updated: 29th March, 2023 1:42 PM (UTC)
Attribution contact: 312-286-9482
Listing Office: One Chicago Realty, LLC
