Orleans & Ontario Building 634-636 N Orleans St Immeuble residentiel 4 lots 2 719 962 € (679 990 €/Lot) Chicago, IL 60654

At Orleans and Ontario Street in Chicago’s River North district, 634-636 N Orleans Street is a highly visible mixed-use property available for auction purchase. Constructed in 1920, the building exhibits the timeless warehouse loft-style architecture that defines much of Downtown Chicago’s early 20th-century charm. Encompassing approximately 10,070 square feet, the property is primarily occupied by long-term tenants, with a vacant coach house offering additional flexibility for redevelopment or new tenancy.

Generating gross income exceeding $200,000 annually, the asset features five tenants and includes a prominent outdoor billboard that provides steady passive income. With the suggested opening bid well below previous valuation, 634-636 N Orleans Street presents an attractive value opportunity for investors, offering immediate income potential and substantial long-term upside.

Located near attractive neighborhood amenities, including the East Bank Club, the iconic Mr. Beef restaurant, and several new commercial developments, such as the upcoming Bally’s Chicago casino slated for a 2026 opening, the property benefits from sustained area growth. Moreover, the Chicago Avenue Station, serving the Brown and Purple lines, offers convenient access for tenants and visitors to the area. Within a 2-mile radius, over 162,000 households generate $5.6 billion in annual consumer spending, driving strong demand for retail, residential, and office space throughout this thriving corridor.

Contact Rick Levin & Associates Inc. today to learn more about this auction opportunity.