116 N Aberdeen Street Chicago, IL $ 1,850,000
116 N Aberdeen Street
$ 1,850,000
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116 N Aberdeen Street

Chicago, IL, 60607
$ 1,850,000
Bedrooms-- Baths-- Sq 2,900
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Property for Rent in Chicago, IL

for $1,850,000. This 2,900 square foot property was built in 1892 on a lot size of 0.066575.

Rare opportunity to own a prime property in Chicago's red-hot West Loop at 116 N. Aberdeen, just off the corner of Randolph Street and next door to McDonald's global headquarters. The existing buildout includes a full commercial kitchen with hood and black iron, 2 bars, 4 bathrooms, and a large garage door that opens to sidewalk patio area ideal for dining. Zoned DX-3, this site offers incredible flexibility for office, retail, dispensary, or continued restaurant/bar/nightclub use. Located in one of the city's most vibrant and fastest-growing neighborhoods, this property is surrounded by the best restaurants, luxury developments, and major corporate offices-making it an ideal opportunity for investors, developers, or owner-users looking to capitalize on a high-traffic, high-visibility location. Broker must assist on showings. Please do not disturb the tenant or employees.

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Rental Active

Price

$ 1,850,000

Taxes

$ 0

Style

Commercial

Lot Size

0.066575

Year Built

1892

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12402909

Features
General
Cooling Central Air
Utilities Electricity Available Natural Gas Available Water Available
Possession Closing
Roof Membrane Rubber
Zoning RTAIL
Construction Materials Brick
Year Built 1892
Electric Circuit Breakers Service - 201 to 600 Amps Power - 120V Power - 240V Three Phase
Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Janitorial Service Operating Stops Taxes Insurance Repairs Roof Scavenger Sewer
Stories Count 1
Township West Chicago
Tax Year 2022
Current Use Commercial
County Cook
Net Operating Income 0
Property Type Commercial Sale Retail/Stores
Status Active
Directions Follow I-90 E/I-94 E to W Randolph St. Take exit 51B from I-90 E/I-94 E Take exit 51B for W Randolph St toward 150 N Continue on W Randolph St. Drive to N Aberdeen St then make a left turn south to
City Chicago
Number Of Units Total 1
MLS Area CHI - Near West Side
Lot Size Square Feet 2900
Additional Parcels Y/N N
Leasable Area 2900
Lease Type Net
Standard Status Active
Cap Rate 6061
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Interior
Flooring Concrete
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Exterior
Water Source Municipal Water
Foundation Details Concrete Perimeter
Building Area Total 2900
Lot Dimensions 116X25
Frontage Type City Street
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* Excluded Features
List By
Kudan Group, Inc.

Broker

brianlaskov@gmail.com;brian@kudangroup.com

Email

Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/25/2025$1,850,000 Listed Price

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116 N Aberdeen Street, Chicago, IL, 60607 is a Property for Rent at $1,850,000 with 2,900 sqft and a lot size of 0.066575. 116 N Aberdeen Street was built in 1892. The property's zip code is 60607 which is in Chicago, IL