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INVESTMENT HIGHLIGHTS
- Opportunity to acquire an extremely well-established single-tenant office building in the River North Neighborhood.
- 12-space underground parking that can be configured to hold ~20 cars, a rare element for buildings of this size.
- Zoned DX-5 with as-of-right FAR allowing ±70,000 square feet and potential bonus FAR up to ±110,000 square feet (per HED Architects).
- Conveniently located steps from the Kennedy Expressway and within walking distance to multiple CTA L stations .
EXECUTIVE SUMMARY
Originally designed for single-tenant occupancy, this property offers significant value-add potential through repositioning, lease-up, or redevelopment. The below-grade level currently includes a 12-car parking garage, expandable to 20 spaces, along with additional storage, a rare, exceptional feature for a building of this size. Zoned DX-5, the site supports approximately 70,000 buildable square feet. However, HED Architects' preliminary review suggests the potential to increase this to around 110,000 square feet with the application of bonus FAR, making the site highly attractive for office redevelopment, residential conversion, or mixed-use repositioning.
Situated in River North, 225 W Superior Street offers an enviable location in Chicago's premier tech and design hub. River North is a dynamic, ever-evolving district filled with a rich blend of art galleries, restaurants, retail stores, and tech startups. This location puts occupants at the center of the action, offering countless networking and partnership opportunities.
MATTERPORT 3D TOURS
Tour the 1st Floor
/3
SALE FLYER
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Bus Line
- Controlled Access
- Metro/Subway
- Signage
- Kitchen
- Reception
- Storage Space
- Basement
- Bicycle Storage
- Central Heating
- Fully Carpeted
- High Ceilings
- Direct Elevator Exposure
- Natural Light
- Open-Plan
- Plug & Play
- Reception
- Secure Storage
- Wi-Fi
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
This full-floor office layout delivers a high-capacity, team-focused environment with a strategic blend of open workstations, private offices, and communal areas. The central workspace features over a dozen benching-style desk clusters, providing seating for approximately 100+ team members. Along the eastern side, a large conference room seats over 30 individuals in a classroom or training setup, ideal for presentations or company-wide meetings. Adjacent to the core are two medium-sized meeting rooms and restrooms. The western side of the suite is designed with hospitality in mind, featuring a spacious café-style lounge with soft seating and dining tables, offering an inviting retreat for informal collaboration or downtime.
This full-floor office offers a clean, efficient layout optimized for high-density occupancy and team-driven workflows. At its core are dozens of benching-style desks organized into pods, delivering capacity for over 120 workstations. The space supports collaborative productivity while maintaining flexibility for future layout adaptations. To the left, a spacious café and break area with abundant seating creates an inviting environment for team meals, informal meetings, or client hospitality. The right wing houses a large boardroom-style conference room and two adjacent training or classroom-style rooms, well-suited for team education, onboarding, or client presentations.
This full-floor office suite is designed to accommodate both collaborative teamwork and focused productivity. The open plan features over 100 benching-style workstations organized for high efficiency, surrounded by a thoughtful mix of meeting spaces, amenities, and breakout areas. The western wing includes a vibrant café-style lounge with soft seating and communal tables, ideal for fostering culture and informal collaboration. Adjacent to the lounge is a large executive-style conference room for board meetings or client presentations. Toward the east side of the floor, a large training or classroom-style space offers capacity for over 40 people and is supported by nearby restrooms and breakout seating. Two smaller meeting rooms and a bank of private restrooms are located at the core of the suite, ensuring convenience for employees across the floor.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 14,000 SF | Office | Full Build-Out | Now |
| 2nd Floor | 14,000 SF | Office | Full Build-Out | Now |
| 3rd Floor | 14,000 SF | Office | Full Build-Out | Now |
1st Floor
| Size |
| 14,000 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Floor
| Size |
| 14,000 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
3rd Floor
| Size |
| 14,000 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 14,000 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
This full-floor office layout delivers a high-capacity, team-focused environment with a strategic blend of open workstations, private offices, and communal areas. The central workspace features over a dozen benching-style desk clusters, providing seating for approximately 100+ team members. Along the eastern side, a large conference room seats over 30 individuals in a classroom or training setup, ideal for presentations or company-wide meetings. Adjacent to the core are two medium-sized meeting rooms and restrooms. The western side of the suite is designed with hospitality in mind, featuring a spacious café-style lounge with soft seating and dining tables, offering an inviting retreat for informal collaboration or downtime.
2nd Floor
| Size | 14,000 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
This full-floor office offers a clean, efficient layout optimized for high-density occupancy and team-driven workflows. At its core are dozens of benching-style desks organized into pods, delivering capacity for over 120 workstations. The space supports collaborative productivity while maintaining flexibility for future layout adaptations. To the left, a spacious café and break area with abundant seating creates an inviting environment for team meals, informal meetings, or client hospitality. The right wing houses a large boardroom-style conference room and two adjacent training or classroom-style rooms, well-suited for team education, onboarding, or client presentations.
3rd Floor
| Size | 14,000 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
This full-floor office suite is designed to accommodate both collaborative teamwork and focused productivity. The open plan features over 100 benching-style workstations organized for high efficiency, surrounded by a thoughtful mix of meeting spaces, amenities, and breakout areas. The western wing includes a vibrant café-style lounge with soft seating and communal tables, ideal for fostering culture and informal collaboration. Adjacent to the lounge is a large executive-style conference room for board meetings or client presentations. Toward the east side of the floor, a large training or classroom-style space offers capacity for over 40 people and is supported by nearby restrooms and breakout seating. Two smaller meeting rooms and a bank of private restrooms are located at the core of the suite, ensuring convenience for employees across the floor.
ABOUT RIVER NORTH
River North is a prominent mixed-use district located just north of Chicago’s Central Loop. The neighborhood features a diverse mix of office and residential buildings, easily accessible via multiple transit lines. Its strong transit connectivity and proximity to Interstate 90 make it one of the city’s most well-connected areas. River North offers both convenience and prestige within the greater Chicago Business District and near the iconic Magnificent Mile.
The area draws visitors with its vibrant dining scene and engaging experiences, including scenic riverboat tours along the iconic River Walk. Beyond attracting visitors, the area is a favorite among locals and is recognized as one of Chicago’s most vibrant live-work-play destinations.
River North is home to some of the city’s most prominent office buildings, including the Merchandise Mart, the city’s second-largest office building. Spanning four million square feet, the Mart was the largest office building in the world upon completion in 1930. Conveniently located next to the Mart is the “L” station serving the Purple and Brown lines, with the Red Line just a few blocks to the east.
River North has a distinct advantage over other nearby neighborhoods thanks to its superior transit connectivity. This accessibility supports a vibrant blend of residents, office tenants, and visitors, fueling continued investment and growth in the area.
DEMOGRAPHICS
Demographics
NEARBY AMENITIES
RESTAURANTS |
|||
|---|---|---|---|
| Wow Bao | - | - | 1 min walk |
| Union Sushi + Barbeque Bar | American | $$$ | 2 min walk |
| Naf Naf Grill | - | - | 2 min walk |
| Brett's Kitchen | Sandwiches | $ | 1 min walk |
| The Franklin Room | American | $$ | 2 min walk |
| Prosecco | Italian | $$$ | 2 min walk |
| Cocoro Restaurant | Vegan | $$$ | 2 min walk |
| GT Prime | Steak | $$$$ | 3 min walk |
| Green Door Tavern | American | $$ | 3 min walk |
| Starbucks | Cafe | $ | 5 min walk |
RETAIL |
||
|---|---|---|
| Cycle Bar | Fitness | 3 min walk |
| Puttshack | Other Retail | 3 min walk |
| Walgreens | Drug Store | 3 min walk |
| drybar | Salon/Barber/Spa | 4 min walk |
| Target | Dept Store | 5 min walk |
| Whole Foods Market | Supermarket | 5 min walk |
| FedEx Office | Business/Copy/Postal Services | 8 min walk |
| Life Time Fitness | Fitness | 9 min walk |
| Petco | Animal Care/Groom | 9 min walk |
HOTELS |
|
|---|---|
| Sonder by Marriott Bonvoy |
28 rooms
7 min walk
|
| MOXY |
156 rooms
7 min walk
|
| Kasa |
118 rooms
7 min walk
|
| Hyatt Place |
212 rooms
10 min walk
|
| The Peninsula |
337 rooms
11 min walk
|
| Warwick Hotel |
439 rooms
12 min walk
|
| Homewood Suites by Hilton |
127 rooms
14 min walk
|
PROPERTY TAXES
| Parcel Number | 17-09-209-023-0000 | Improvements Assessment | $1,817,337 CAD |
| Land Assessment | $740,302 CAD | Total Assessment | $2,557,639 CAD |
PROPERTY TAXES
SALE ADVISORS
Matt Tarshis, Principal / Managing Partner
Matt represents REIT’s, private equity firms, multi-national corporations, family offices, banks, special servicers, debt funds & private owners throughout the country. He provides strategic solutions along with consulting & advisory services which allow his clients to make the best decisions based on the current climate of the market. In addition to acting as a broker and advisor to dozens of lenders and special servicers, Matt also acts as a Court-Appointed Receiver across the country and is a trusted fiduciary and advisor in complex foreclosure and bankruptcy situations that require the experience, knowledge, and creative deal making that go along with typical distressed real estate cases.
In 2019, as a key member of the brokerage team, Matt disposed over $70,000,000 in commercial assets including single tenant and multi-tenant shopping centers, office buildings, industrial warehouses, multi-family properties and mixed-use properties. He also represents both landlords and tenants and is involved with lease negotiations, sales, purchasing, market research, and site selection. Matt successfully procured dozens of new tenants and negotiated over 100,000 square feet in new leases including notable transactions of 25,000 & 18,000 Square Feet. He has represented both tenants and landlords and has completed lease transactions with national retailers such as Starbucks, Biolife/Takeda Pharmaceuticals, Davita Dialysis, Great Clips, Pizza Hut, Verizon, Heartland Dental, Sprint, Dunkin’ Donuts, & more. Matt also oversees Frontline’s owned portfolio across the Chicagoland area which consists of over 1,000,000 SF.
In addition, Matt supports the Frontline team with acquisitions including identifying opportunities, negotiating purchase & sale contracts, due diligence, construction, project management, and lease negotiations.
Prior to joining Frontline, Matt was a member of RKF (Robert K. Futterman & Associates) where he supported the firm’s Chicago brokerage team on both landlord and tenant representation activities. He also was responsible for updating RKF’s listings database and searches and explored for new retail opportunities. Previously, Matt was a Managing Partner and Director of Trading Operations at Passaglia Trading for over nine years. There he developed, implemented and executed trading strategies while also recruiting, hiring and training new traders.
Matt earned a Bachelor of Art’s Degree in Speech Communicating and Rhetoric from the University of Illinois at Urbana-Champaign. He is a licensed Real Estate Broker in the state of Illinois and a Leadership Board Member of Big Brothers Big Sisters of Metropolitan Chicago. In addition, Matt is a member of the International Council of Shopping Centers and an active member of the West Loop Community Organization.
Andrew Rubin, Executive Vice President
Prior to joining Frontline, Andrew worked at Alpha Alternatives from 2011-2012, where he worked directly with the senior partners of the firm in raising capital for various private equity real estate funds and one-off deals. He also performed due diligence on a wide range of real estate operators and capital providers.
Andrew graduated with a Bachelor of Science in Public Financial Management from Indiana University in 2010, and went on to receive his Master of Science in Finance from the DePaul Kellstadt Graduate School of Business in 2012. Andrew is a licensed Real Estate Broker in the State of Illinois.
Zack Pearlstein, Senior Vice President
Prior to joining Frontline Real Estate Partners, Zachary interned at Morgan Stanley where he provided market research, 401(k) planning and stock analysis to clientele and other Financial Advisors. He worked directly with Senior Vice President’s Stanford Slovin and Patrick Callaghan with client concerns and financials planning.
Zachary graduated from the University of Iowa with a Bachelor’s degree in Communication Studies in 2014. While finishing his degree, his interest in real estate grew which lead him to seek employment from a well-rounded real estate firm that handles a variety of properties including commercial, industrial and residential real estate.
Andrew Picchietti, Vice President
Prior to Joining Frontline Real Estate Partners, Andrew spent three years working for International Capital Investment Company in a management rotational program consisting of healthcare, real estate, alternative investments and other business ventures. After his program ended, he joined International Capital Investment Company as a Financial Analyst where he stayed there for a year. During his time as a financial analyst, he provided accounting, financial planning and analysis, and tax and banking support to several company owned businesses.
Andrew graduated from the University of Michigan with a Bachelor’s degree in Psychology. In addition, Andrew serves as an investment analyst and utilizes Argus software to perform financial modeling and property valuation.
Andrew Slovis, Associate Broker
Andrew graduated from the Miami University of Ohio with a bachelor’s degree in economics. In addition, Andrew serves as an investment analyst and utilizes Argus software to perform financial modeling and property valuation.
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225 W Superior St
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