The Neighborhood Hotel Fulton Market | 801 W Madison St
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The Neighborhood Hotel Fulton Market 801 W Madison St Services hôteliers 76 chambres À vendre Chicago, IL 60607
Certaines informations ont été traduites automatiquement.
INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Historic Building with Stunning Flagship Retail Space, Perfect for Retail/Restaurant, or Member’s Club Anchor Tenant
- Strong Hotel Fundamentals with No New Hotels Due to Open in 2025 or 2026 in the Immediate Area
- Fully Permitted & Entitled Project - Timing: 14 Months Until Substantial Completion & Commencement of Hotel Operations
- L-Shaped Building Creates Significant Natural Light Throughout the Property
- Healthy Returns with Stabilized Yield on Costs at Nearly 10% and Debt Yield Hitting 16%
- Positioned at the Intersection of Madison and Halsted Street, Between Two CTA L Train Stops & Major Bus Lines
RÉSUMÉ ANALYTIQUE
CBRE, as an exclusive agent, is pleased to present the opportunity to acquire 801 West Madison Street (“the Property”) for future redevelopment or partner in a joint venture with the existing sponsor.
The Sponsor has completed demolition and abatement of the interior spaces with the vision of creating a 76-unit luxury apartment style hotel under The
Neighborhood Hotel flag. The Property benefits from DX-7 zoning allowing for a multitude of uses as of right. The 1st Floor is a 1920’s architectural gem, complete
with marble columns and vaulted ceilings, with the décor extending to parts of the lower level. The corridors on the upper floors are historically protected, serving
as a beautiful backdrop surrounding the skylight above the atrium.
On the lower level, endless potential exists to create unique experiences out of the former bank vault and executive dining rooms. Both the ground floor and
basement are primed to support a food & beverage owner/operator.
The Sponsor offers several options to investing the Property, either through partnership or outright sale.
View the offering memorandum and learn more:
The Sponsor has completed demolition and abatement of the interior spaces with the vision of creating a 76-unit luxury apartment style hotel under The
Neighborhood Hotel flag. The Property benefits from DX-7 zoning allowing for a multitude of uses as of right. The 1st Floor is a 1920’s architectural gem, complete
with marble columns and vaulted ceilings, with the décor extending to parts of the lower level. The corridors on the upper floors are historically protected, serving
as a beautiful backdrop surrounding the skylight above the atrium.
On the lower level, endless potential exists to create unique experiences out of the former bank vault and executive dining rooms. Both the ground floor and
basement are primed to support a food & beverage owner/operator.
The Sponsor offers several options to investing the Property, either through partnership or outright sale.
View the offering memorandum and learn more:
INFORMATIONS SUR L’IMMEUBLE
CARACTÉRISTIQUES
- Balcon
- Accès internet à haut débit
- Patio
- Bar sur place
- Hôtel boutique/lifestyle
- Accès Wi-Fi public
- Sans tabac
- Cuisine entièrement équipée
- Suites multi-pièces
CHAMBRE INFORMATIONS SUR LA COMBINAISON
| DESCRIPTION | NB DE CHAMBRES | TARIF JOURNALIER | m² |
|---|---|---|---|
| Suite | 76 | 318,76 € | - |
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Walk Score®
Idéal pour les promeneurs (99)
Transit Score®
Un paradis pour l’usager (95)
Bike Score®
Un paradis pour les cyclistes (90)
TAXES FONCIÈRES
| Numéro de parcelle | 17-17-209-009-0000 | Évaluation des aménagements | 1 720 160 € |
| Évaluation du terrain | 349 269 € | Évaluation totale | 2 069 429 € |
TAXES FONCIÈRES
Numéro de parcelle
17-17-209-009-0000
Évaluation du terrain
349 269 €
Évaluation des aménagements
1 720 160 €
Évaluation totale
2 069 429 €
ZONAGE
| Code de zonage | DX-7 (Quartier à usage mixte du centre-ville) |
| DX-7 (Quartier à usage mixte du centre-ville) |
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The Neighborhood Hotel Fulton Market | 801 W Madison St
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