Located at Dearborn & Kinzie Streets, in the heart of Chicago’s River North neighborhood. This 24,000 SF building was built in 1895, and was designed by Henry Ives Cobb. The property (together with an adjacent parking lot) was purchased in 1986 and redeveloped for, and net leased to Harry Caray’s Restaurant (www.harrycarays.com). The restaurant is a Chicago favorite, and is one of the country’s top-grossing restaurants. In 2000, a charitable donation of the exterior facade to the Landmarks Preservation Council of Illinois, and the property’s listing on the National Register of Historic Places, provided a substantial tax benefits to the Partnership that owned the property. The building (exclusive of the property’s “unused development potential” to build as much as 200,000 SF) was sold to an affiliate of the restaurant in 2002.