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For Sale

110 East Pearson Street

110 E Pearson Street,
Chicago, IL 60611

Asset Snapshot

1969
Year Built
2
Floor Count

Offering Summary

Investment Overview

Rare opportunity to acquire a trophy retail storefront along East Pearson Street in Chicago's Gold Coast neighborhood, steps from the iconic Water Tower and Michigan Avenue, the northern gateway to the Magnificent Mile. The property offers direct exposure to one of the most visited retail corridors in the country, surrounded by world-class retailers, luxury hotels, and cultural institutions. Notably, the Candy Hall of Fame Experience, the largest retail lease on Michigan Avenue since 2015 at 60,000 square feet, is set to open in 2027 adjacent to the subject property, expected to drive significant new foot traffic to the immediate block. The trade area ranks among the most affluent in the Midwest, with 366,186 residents and an average household income of $187,276 within a three (3) mile radius. Nearby retailers include Louis Vuitton, Gucci, H&M, Neiman Marcus, Ralph Lauren, Rolex, Saks Fifth Avenue, Zara, Cartier, Kate Spade, J Crew, Lululemon, American Girl Store, 360 Chicago, Harry Potter Shop, Chicago Sports Museum, Chanel, Moncler, Candy Hall of Fame (2027), Canada Goose, & Patagonia, among others.


Investment Highlights

  • Trophy retail storefront with significant foot traffic, steps away from Michigan Avenue in Chicago's premier retail corridor
  • Surrounded by world-class hotels including The Peninsula, Four Seasons, The Ritz Carlton and luxury retailers such as Louis Vuitton, Gucci, Canada Goose, Kate Spade, Burberry, Chanel, Neiman Marcus, and Saks Fifth Avenue
  • Recorded easement package benefits the premises with loading dock, ingress/egress, utility/HVAC/kitchen exhaust, and potential signage rights
  • Unobstructed Michigan Avenue visibility protected by the historic Water Tower amid an affluent trade area of 366,186 residents averaging $187,276 household income, with corridor momentum building from the Candy Hall of Fame

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