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Listing provided courtesy of @properties Christie's International Real EstateMREDas Distributed by MLSGrid- MLS# 12621606MLS Provider

871 N Larrabee StreetChicago, IL 60610

Commercial · 1,200 Sq. ft.
$295,000 Active

871 N Larrabee Street Overview

Time on Site:
34 days
Visits:
0

Position your business in the rapidly evolving River North corridor at 871 N Larrabee. Located less than a half mile from the future Bally's Chicago Casino and nearby NBCUniversal developments just across the Chicago Avenue bridge, this is a prime opportunity to establish your presence in one of Chicago's fastest-growing mixed-use districts. The space offers exceptional street-level visibility with floor-to-ceiling windows and more than 30 feet of frontage, creating the perfect setting for retail, office, showroom, wellness, or creative business concepts. The unit is in excellent condition and ready for immediate occupancy. Situated in a thriving neighborhood surrounded by established residential buildings, active businesses, and significant new development, the area continues to see strong investment with multiple high-rise projects underway nearby. Just steps from the historic Montgomery Ward Complex, home to companies and destinations including Groupon, Big Ten Network, and AIRE Ancient Baths Chicago. One deeded parking space available for an additional $18,000. Motivated seller - priced to move.

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871 N Larrabee Street Facts & Features

  • Type Commercial
  • Sq. ft. 1,200
  • Price/Sq.ft. $246

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Net Operating Income: 0

Building Information

  • Year Built: 2006

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Near North Side

Rent/Lease Information

  • Tenant Pays: Air Conditioning, Electricity, Heat, Taxes, Insurance

Tax Information

  • Tax Annual Amount: $13,970.00
  • Tax Year: 2023

General Information

  • Parcel Number: 17043241150000
  • Property Sub Type: Condominium
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 1200

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Leasable Area: 1200
  • Stories: 7

Unit Information

  • Unit SqFt.: 1200

Exterior

Lot Information

  • Additional Parcels: Yes
  • Lot Size Dimensions: 1200
  • Lot Size Square Feet: 1200

871 N Larrabee Street Neighborhood

Community

60610 (CHICAGO) Demographics

33
Median Age
25,407
Population Density (per sq. mile)
80%
College Educated
$95,994
Estimated Median Income
9,370
Estimated Total Home Owners
14,907
Estimated Total Renters
39% / 61%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

871 N Larrabee Street Monthly Cost

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Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

871 N Larrabee Street Market Data

Based on the last 30 days in this zip code

$1,061,067
Average List Price
$632
Average Price per Square Foot
71
Properties Sold
76
Average Days on Market
221
Properties for Sale
Calculations provided by Reliance Network

871 N Larrabee Street History

Date Event Value Agent
6/1/2026Source: MRED Status Change
Active
5/27/2026Source: MRED Added to Database
May 27, 2026