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Investment Highlights

  • Corner location at Rush Street and Ontario Street in Chicago’s River North district.
  • Positioned steps from the Magnificent Mile’s retail, dining, and hospitality destinations.
  • Ground-floor presence beneath the AC Hotel Chicago Downtown provides built-in visitor activity.

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 0.89 AC
Building Size 320,879 SF
No. Rooms 226
No. Stories 7
Year Built/Renovated 1944/2014
Parking Ratio 0.77/1,000 SF
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 $525.85 CAD -
Guest Room 96 $382.94 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: 41888550

  • Date on Market: 2026-08-26

  • Last Updated:

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

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