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$9,500,000

  • For Sale
  • Active
  • Commercial
  • 3,912 Sq. Ft.
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We have been exclusively engaged to solicit offers to purchase the subject property located at 806 North Rush Street, Chicago Illinois 60611 (the "Property"). Situated on a 1,742-square-foot lot, this 3,912-square-foot building is zoned DX-12, which allows for numerous uses. This opportunity exists in one of the strongest-performing commercial, retail, and residential real estate markets in the world. The subject property is described as a freestanding mixed-use building currently entirely vacant with excellent development potential. Just steps from Chicago's famed Historic Water Tower, this building sits in one of the busiest locations in all of Chicagoland. Located in the heart of the most popular shopping destinations in the Midwest, this premier asset takes complete advantage of the Gold Coast, Rush Street, and Michigan Avenue. An excellent opportunity for an owner-user, investor, or developer.

Full Property Details for 806 N Rush St

General

  • Price: $9,500,000
  • Taxes: $26,963 (2023)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12337227
  • Updated: 12/22/2025
  • Added to Site: 344 day(s) ago

Additional Information

  • Security/Safety: Other

Location

  • Area: CHI - Near North Side
  • County: Cook
  • Driving Directions: Corner of Rush Street and Chicago Avenue
  • Location Details: Downtown Chicago, Central Business District, Mixed-Use Area, Public Transport Avail, In City Limits, High Traffic Area

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Other

Structural Information

  • Construction: Brick, Concrete, Wood, Other
  • Exterior Const.: Brick, Concrete, Wood, Other
  • Stories/Levels: 3
  • Square Feet: 3,912
  • # of Stores: 1
  • Year Built: 1906
  • Built Before 1978: Yes

Lot Features

  • Lot Size (Sq. Ft.): 1,743
  • Lot Dimensions: 40.37 x 43.2
  • Frontage: City Street
  • Potential Use: Commercial, Condominium, Retail
  • Zoning: COMMR

Financial Considerations

  • Security Deposit: Other
  • Assessment Year: 1906
  • Tax Amount: $26,963.4
  • Tax Year: 2023

Disclosures and Reports

  • Property ID: 17032300050000

Listed by Baird & Warner

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Listing agent

— 806 N Rush St —

  • Baird & Warner

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 806 N Rush St

School District:Chicago Public School District 299
NameGradesDistance
Ogden Elementary School
24 West Walton Street, Chicago, IL 60610
K-80.3 mi
Wells Community Academy High School
936 North Ashland Avenue, Chicago, IL 60622
9-112.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 806 N Rush St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/16/2025
Price Reduced
$9,500,000
-19.15%
MLS
4/25/2025
Listed
$11,750,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 806 N Rush St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$26,285
22%
$124,578
19%
2022
$21,459
14%
$104,333
12%
2021
$18,762
-39%
$93,300
-32%
2020
$30,524
115%
$137,019
94%
2019
$14,202
2%
$70,689
—
2018
$13,963
21%
$70,689
32%
2017
$11,566
6%
$53,729
-1%
2016
$10,867
11%
$54,256
2%
2015
$9,781
18%
$53,378
20%
2014
$8,265
2%
$44,546
—
2013
$8,141
2%
$44,760
—
2012
$7,994
—
$44,546
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Baird & Warner

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806 N Rush Street, Chicago, IL 60611 (MLS# 12337227) is a Commercial property. 806 N Rush Street is currently listed for $9,500,000 and was received on April 25, 2025. Want to learn more about 806 N Rush Street? Do you have questions about finding other Commercial 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.

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