A Phoenix-based investor has paid about $30 million for a 130-year-old Chicago building leased to the Tao Chicago restaurant and nightclub, the firm’s second deal for a prominent building on Dearborn Street in seven months.
City Landmark Leased to Tao Chicago Sells for About $30 Million, Adding to Sales Boom
Phoenix-Based Investor Recently Bought Another Prominent Building Nearby
By Ryan Ori
CoStar News
May 25, 2022 | 7:26 P.M.
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IN THIS ARTICLE
- Properties
- TAO Chicago
632 Dearborn St, Chicago, IL
- Companies
- Fundamental Income
Real Estate
- Sterling Bay
Real Estate