42 East Superior

Jones Lang Lasalle Americas (Illinois), L.P. (“JLL”), on behalf of ownership, has been exclusively retained to offer for sale to qualified investors the opportunity to acquire fee simple interest in a high-profile development opportunity located at 42 East Superior Street in Chicago, Illinois (“The Property”).

Located on the north side of East Superior Street between North Wabash Avenue and North Rush Street, 42 East Superior Street is positioned at the confluence of Chicago's River North & Gold Coast neighborhoods. 50 East Superior is adjacent to Michigan Avenue (Magnificent Mile), which is recognized as one of the most iconic retail corridors in the country. Nestled between iconic neighborhoods such as River North, Streeterville, Old Town and Lincoln Park, the Gold Coast is the ideal market for residential, hospitality or mixed-use development.

42 East Superior Street is a 12,478 square foot land site which is currently improved with a paved parking lot and three mixed-use buildings totaling 21,110 square feet of built area. The Property is currently zoned DX-12, Downtown Mixed-Use District. The Property's underlying DX-12 zoning allows for significant redevelopment optionality as-of-right without triggering affordable housing requirements. 42 East Superior Street’s strategic location in the heart of Chicago positions it to capitalize on the city’s continued growth, making it a premier development opportunity.