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$65
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Property Description
A 1,496 SF commercial condo is available for lease in the heart of Chicago's highly sought-after Gold Coast neighborhood. Formerly a Starbucks, the space features existing cafe/coffee infrastructure, offering a streamlined path to opening day. Large front windows provide strong street presence and abundant natural light. Located in a dense, walkable area with excellent pedestrian traffic, the site is ideal for concepts that benefit from consistent visibility and footfall. Flexible layout allows for easy adaptation to a wide range of retail, service, or food-and-beverage uses.
Full Property Details
Full Property Details for 111 E Chestnut St
General
- Price: $65
- Taxes: $122,494 (2024)
- Status: Active
- Type: Commercial Lease
- Source: MRED
- MLS ID: 12530933
- Updated: 12/16/2025
- Added to Site: 39 day(s) ago
Interior
- Interior Features: Accessible Washroom/s
Additional Information
- Security/Safety: Smoke or Fire Protectors
Location
- Area: CHI - Near North Side
- County: Cook
- Driving Directions: The subject property is located on the south side of Chestnut Street. West Of Michigan Avenue and East of Rush Street
- Location Details: Mixed-Use Area, In City Limits, High Traffic Area
Heating & Cooling
- Cooling Type: Central Individual
- Heating Type: Forced Air
Utilities
- Onsite: Electricity to Site, Natural Gas Available, Sewer Connected, Water Available
Structural Information
- Stories/Levels: 57
- Current Bldg. Use: Commercial
- Year Built: 1972
Unit Information
- # Tenants: 1
- Extra Storage Avail: Yes
Lot Features
- Lot Size (Sq. Ft.): 5,554
- Frontage: City Street
- Drainage: Floor Drains
- Zoning: COMMR
Financial Considerations
- Lease Price: $65
- For Sale/Rent/Lease: For Rent Only
- Security Deposit: Smoke or Fire Protectors
- Assessment Year: 1972
- Tax Amount: $122,494
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Electricity, Heat, Taxes, Insurance, Scavenger
Listed by Sperry Van Ness
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Schools
Schools serving 111 E Chestnut St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Ogden Elementary School 24 West Walton Street, Chicago, IL 60610 | K-8 | 0.3 mi |
Wells Community Academy High School 936 North Ashland Avenue, Chicago, IL 60622 | 9-11 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 111 E Chestnut St
Date
Details
Price
Change
Source
12/10/2025
Listed
$65
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 111 E Chestnut St
111 E Chestnut Street, Chicago, IL 60611 (MLS# 12530933) is a Commercial Lease property. 111 E Chestnut Street is currently listed for $65 and was received on December 10, 2025. Want to learn more about 111 E Chestnut Street? Do you have questions about finding other Commercial Lease real estate for sale in Near North Side? You can browse all Near North Side real estate or contact a Coldwell Banker agent to request more information.

