100 E Ontario
Originally constructed as a private home for the McCormick family in 1889, converted to a Swedish Puppet Theatre in the 1950s, and then occupied by Lawry’s The Prime Rib from 1974 to 2020, 100 E Ontario is a historied value add opportunity. It is located at the convergence of Chicago’s River North and Magnificent Mile districts. Zoned DX-12 on 10,350 SF of land, there are multiple avenues to redevelop or release this irreplaceable urban infill location.
Portfolio: Northpond Fund IV, LP
Acquisition Date: June 2021
Neighborhood: River North