642 N Dearborn Street
Chicago, IL
$2,050,000
642 N Dearborn Street
Chicago, IL 60654
$2,050,000
Reduced $100,000List Price
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About This Property
This is an income-producing, mixed-use investment opportunity with a projected NOI of $148,318. The highly desirable historical River North property is adjacent to the highly acclaimed Tao restaurant and consists of five units, billboard income, and a shared outdoor garden patio. The property benefits from favorable remaining lease terms, an opportunity for short-term rental management or to convert STR unit(s) back to traditional residential apartment, and favorable DX-5 zoning permitting a var...
Property Details
Key Facts
Price reduced
$2,050,000
−$100,000
Apr 29, 2026
Listed for sale
MLS #MRD12528262
$2,150,000
Dec 8, 2025
Mortgage Estimate
$13,393
/monthLocation
Near North Side · 642 N Dearborn Street, Chicago, IL 60654
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642 N Dearborn Street, Chicago, IL 60654
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Listing data is provided in part by Midwest Real Estate Data LLC (MRED). Information is deemed reliable but not guaranteed accurate and should be independently verified. Properties may be listed by brokerages other than Abode Real Estate. © 2026 Midwest Real Estate Data LLC. All rights reserved.
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