59-65 East Oak Street, Chicago, IL

59-65

East Oak Street

Chicago, IL

Designed by NORR Architecture, 59-65 Oak Street is a new state of the art three story luxury retail building located in the heart of Oak Street and owns 110 feet of significant frontage. Jenel purchased two older building and have since demolished them in order to make way for the new structure which caters to double height magnificent storefronts for merchandising and a full service restaurant located on the third level. The development has been leased to Chanel, Van Cleef and Arpels & Le Colonial and is set to be completed in April 2019.  Jenel was responsible for managing the entire project which includes acquisition of the two properties, planning and permitting of the new building, leasing and construction development of the project through completion. The property will draw the wealthiest in class shoppers looking for top quality luxury products, high end jewelery and a choice of premier dining. . The Windy City’s answer to Madison Avenue, is home to high-end fashion brand and restaurants, including Hermes, Prada, Dolce & Gabbana, Fig & Olive & Le Colonial.

Tenant

Chanel, Van Cleef and Arpels, Le Colonial

Size

31,992 square feet 

Frontage

108’ on East Oak Street

Neighborhood

Gold Coast

Transportation

Red Line at Chicago Subway Station or Clark/Division Subway Station

Neighboring Retail

Versace, Lululemon, Barneys New York, Walgreens, Tom Ford, Intermix, Jimmy Choo, Gucci, Bloomingdale’s, Van Cleef & Arpels, Moncler, Suitsupply, Icebreaker, Michael Kors, Sidney Garber, L’Occitane, Tod’s

Leasing Contact

Joseph Dushey; Michael Hirschhorn

REAL ESTATE INVESTMENT AND MANAGEMENT