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Four years after buying Chicago luxury retail building for $120 million, German investor looks to sell

Union Investment Real Estate lists property including Chanel flagship
A luxury retail property at 65 E. Oak St. in Chicago, which includes a Chanel flagship store, is for sale. (Robert Gigliotti/CoStar)
A luxury retail property at 65 E. Oak St. in Chicago, which includes a Chanel flagship store, is for sale. (Robert Gigliotti/CoStar)
CoStar News
October 24, 2025 | 8:55 P.M.

A German investor is ready to sell a luxury retail property on Chicago’s glitzy Oak Street, looking to cash in on high demand for space in the Gold Coast from tenants and investors.

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News | Four years after buying Chicago luxury retail building for $120 million, German investor looks to sell