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Investment Highlights

  • Fully leased mixed-use asset anchored by Trader Joe’s and AC Hotel Marriott.
  • Reported weighted average lease term of approximately 8.1 years.
  • Positioned within a major downtown retail, hospitality, and tourism district.
  • Located at the intersection of Ontario Street and Rush Street in River North.
  • Includes 174 structured parking spaces serving retail and hotel uses.
  • Direct access to Interstate 90/94 via the Ohio/Ontario feeder corridor.

Executive Summary

Mid-America Real Estate Corporation has been exclusively retained on behalf of the owner to sell the leasehold interest in Ontario City Centre, a 100% leased, grocery-anchored mixed-use asset located in Chicago’s premier River North neighborhood. The Property is anchored by Trader Joe’s and AC Marriott, subject to a long-term ground lease.

Property Facts

Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.00 AC
Building Size 203,236 SF
No. Rooms 226
No. Stories 7
Year Built/Renovated 1944/2014
Corridor Interior
Zoning DX-12 - Downtown Mixed-Use District

Amenities

  • Business Center
  • Corner Lot
  • Fitness Center
  • Pool
  • Wheelchair Accessible
  • On-Site Retail
  • High Speed Internet Access
  • Air Conditioning
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Digital key
  • Smoke Detector

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 130 $531.00 CAD -
Guest Room 96 $386.69 CAD -
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Number
17-10-112-012-0000
Land Assessment
$282,652 CAD
Improvements Assessment
$359,179 CAD
Total Assessment
$641,831 CAD
  • Listing ID: 41582491

  • Date on Market: 2026-08-06

  • Last Updated:

  • Address: 630 N Rush St, Chicago, IL 60611

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