For Sale $1,500,000
Property Type Retail - Street Retail
Property Size 4,900 SF
Lot Size 0.14 Acre
Year Built 1944
Year Renovated 2023
Date Updated Mar 2, 2024

Mid-America Real Estate Corporation has been retained on behalf of ownership to sell the 100% fee simple interest in a trophy retail building located along Chicago’s Oak Street luxury district. The iconic building was originally constructed in 1944 and completely renovated in 2023 for Burdeen’s Jewelry’s newest flagship store. This is the fourth boutique for Burdeen’s, a multi-generational family-owned Chicago based jeweler. The property presents a unique opportunity for a savvy investor to acquire a rarely available asset backed by a long-term lease in one ofthe most desirable luxury shopping corridors in the United States.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

Joe Girardi

Mid-America Real Estate Group

(630) 954-7392

Location

Getting Around

Walk Score ®
98/100 Walker's Paradise
Transit Score ®
85/100 Excellent Transit
Bike Score ®
83/100 Very Bikeable

Map
Street

City Chicago, IL
Neighborhood Gold Coast
Zip Code 60611
Market Chicago

Points of Interest

Chicago

0.34 miles
Clark/Division

0.43 miles
Chicago

0.63 miles
Grand

0.65 miles
Merchandise Mart

0.97 miles
Sedgwick

0.97 miles
State/Lake

1.06 miles
Clark/Lake

1.09 miles
taxi rank

1.11 miles
Lake

1.14 miles

BP

0.58 miles
Shell

0.70 miles
Shell

0.82 miles
BP

0.91 miles
Tesla Supercharger

1.03 miles
Tesla Supercharger

1.23 miles
BP

1.75 miles
BP

1.92 miles
Shell

1.96 miles
BP

2.07 miles

Huron-Superior Self Park

0.42 miles
Northwestern University Parking

0.56 miles
Rush-Ohio-Wabash Self Park

0.57 miles
Parking Garage

0.62 miles
Grand Plaza parking

0.63 miles
North Bridge Self Park

0.63 miles
Grand Plaza Parking

0.66 miles
Ohio Public Parking

0.78 miles
Anti-Cruelty Society Parking

0.80 miles
State-Kinzie-Wabash Self Park

0.80 miles

Spiaggia

0.03 miles
Fig & Olive

0.03 miles
Doc B’s Restaurant + Bar

0.05 miles
La Colonial

0.06 miles
Aster Hall

0.08 miles
Le Colonial

0.12 miles
Nico Osteria

0.14 miles
Benihana

0.14 miles
The Original Pancake House

0.14 miles
LuxBar

0.15 miles

Water Tower Place

0.23 miles
Neiman Marcus

0.34 miles
Whole Foods Market

0.36 miles
Saks Fifth Avenue

0.37 miles
Jewel-Osco

0.42 miles
Trader Joe's

0.52 miles
Marshalls

0.53 miles
ALDI

0.54 miles
Plum Market

0.56 miles
Jewel-Osco

0.63 miles

Frequently Asked Questions

What is the lease rate for 118-120 E. Oak St.?

Rental asking rate at 118-120 E. Oak St. is $750,000.00/YR.

What is the total square footage of 118-120 E. Oak St.?

118-120 E. Oak St. totals 4,900 square feet.

When was this property built?

118-120 E. Oak St. was built in 1944.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.