505 N Lake Shore Dr, Chicago, IL 60611

BANKRUPTCY SALE | BANKRUPTCY CASE #21-13730 SUBCHAPTER V-CHAPTER 11, NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION. IN RE: CITÉ, LLC. QUALIFYING BID DEADLINE: August 1 by 5:00 p.m. (CT) ON-SITE INSPECTIONS: July 13 & 16 at 10:00 a.m. (CT) For additional inspection times and dates, please call to schedule an appointment. This sale represents a once-in-a-lifetime opportunity to establish a restaurant/bar in one of Chicago’s most iconic buildings, Lake Point Tower, famously known as the only high-rise building located east of Lake Shore Drive. Currently operating as Cité, a 142-seat world-class restaurant, this 70th floor, 5,000± SF dining space features floor-to-ceiling windows, highlighting its remarkable 360-degree panoramic views of Chicago’s skyline along Lake Michigan. The restaurant, which features a full commercial-grade kitchen, is supported by four suites located on the building’s second floor. Those spaces include private offices, kitchen prep areas, a laundry room, walk-in freezers and coolers and various storage areas, totaling 2,650± SF. This is an outstanding turnkey opportunity for both restaurant operators and investors alike.

BANKRUPTCY SALE | BANKRUPTCY CASE #21-13730 SUBCHAPTER V-CHAPTER 11, NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION. IN RE: CITE, LLC. QUALIFYING BID DEADLINE: August 1 by 5:00 p.m. (CT) ON-SITE INSPECTIONS: June 4 & June 23 at 10:00 a.m. (CT) For additional inspection times and dates, please call to schedule an appointment. This sale represents a once-in-a-lifetime opportunity to develop a custom penthouse unit in one of Chicago’s most iconic buildings, Lake Point Tower, famously known as the only high-rise building located east of Lake Shore Drive. Currently operating as Cité, a 142-seat world-class restaurant, this 70th floor, 5,000± SF space features floor-to-ceiling windows, highlighting its remarkable 360-degree panoramic views of Chicago’s skyline along Lake Michigan. This future home is perfect for both grand-scale entertaining and everyday living with panoramic views that allow for a variety of floor plan customizations. The stunning space provides ample room for many options, such as an in-home gym, home theater and/or offices and more. On-site amenities include an outdoor and indoor pool, indoor hot tubs, sun deck, Skyline Park, fitness center and studio, racquetball court, lounge, library, business center, community room and 24-hour doorman. The use of amenities are subject to HOA approval. Lake Point Tower is within walking distance to the best that Chicago offers, from Ohio Street Beach to the exclusive shops on Michigan Avenue and the plethora of nearby restaurants and bars.