A private investor has hired Colliers Chicago’s Office Capital Markets team of Alissa Adler and John Homsher and the Multifamily Team of Tyler Hague and Lauren Stoliar to market 225 W. Superior St. in Chicago for sale.
The three-story, 42,000-square-foot office property with underground parking was built in 1969 and sits at the intersection of Superior and Franklin Streets in the heart of River North’s famed gallery district. It has DX-5 zoning with allowable FAR of 70,000 square feet (expandable to 113,000 square feet). The Colliers team is marketing it as a redevelopment opportunity with the assistance of HED Architects.
The single-tenant property is being sold vacant.