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1410-1440 N Kingsbury St 70,000 SF 96% Leased Industrial Building Chicago, IL 60642 For Sale
Executive Summary
CBRE is proud to offer a rare and high profile Lincoln Park development opportunity. The Iconic Carbit Paint Company has relocated operations to Melrose Park and for the first time in almost 70 years, their former home is now available for redevelopment. This massive two acre development site is located in the highly sought after Lincoln Park / Clybourn Corridor neighborhood. This very rare infill development opportunity has over 400' of river frontage and high barriers to entry. The current C3-5 zoning is for commercial use only and will require a planned development (PD) to amend the zoning to allow for residentail use like all the nearby residential towers.
This neighborhood is extremely dense and affluent. There are 288,316 residents in a 2-mile radius with an average household income of $183,155. The subject property is located only a few minutes walk from the North/Clybourn station (CTA Redline) and many commercial and retail entities including REI, Whole Foods, Starbucks, Crate and Barrel, and Nordstrom Rack.
This neighborhood is extremely dense and affluent. There are 288,316 residents in a 2-mile radius with an average household income of $183,155. The subject property is located only a few minutes walk from the North/Clybourn station (CTA Redline) and many commercial and retail entities including REI, Whole Foods, Starbucks, Crate and Barrel, and Nordstrom Rack.
Property Facts Under Contract
| Sale Type | Investment or Owner User | Rentable Building Area | 70,000 SF |
| Sale Condition | Redevelopment Project | No. Stories | 4 |
| Property Type | Industrial | Year Built | 1950 |
| Property Subtype | Manufacturing | Parking Ratio | 1.43/1,000 SF |
| Building Class | C | No. Dock-High Doors/Loading | 4 |
| Lot Size | 1.96 AC | No. Drive In / Grade-Level Doors | 3 |
| Zoning | C3-5 - Commercial, Manufacturing and Employment District | ||
| Sale Type | Investment or Owner User |
| Sale Condition | Redevelopment Project |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 1.96 AC |
| Rentable Building Area | 70,000 SF |
| No. Stories | 4 |
| Year Built | 1950 |
| Parking Ratio | 1.43/1,000 SF |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | C3-5 - Commercial, Manufacturing and Employment District |
Amenities
- Waterfront
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Private office with operable windows.
Private suite offers operable windows and a sink. Views of the Chicago River and parking lot
Bright Corner unit with operable windows and a sink. Views of the Chicago River and parking lot.
Private interior space with a sink and 2 entrance doors.
Private sink within the suite. No window.
private office with operable windows. River views.
private office, interior space.
Interior private office with built in shelving.
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 113 | 224 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 116 | 216 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 117 | 522 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 118-119 | 436 SF | Office | Full Build-Out | Now |
| 1st Fl - 120 | 224 SF | Flex | - | Now |
| 2nd Fl-Ste 216 | 216 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 218-220 | 658 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 221-222 | 457 SF | Office | Full Build-Out | Now |
1st Fl-Ste 113
| Size |
| 224 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 116
| Size |
| 216 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 117
| Size |
| 522 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 118-119
| Size |
| 436 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl - 120
| Size |
| 224 SF |
| Space Use |
| Flex |
| Build-Out |
| - |
| Available |
| Now |
2nd Fl-Ste 216
| Size |
| 216 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 218-220
| Size |
| 658 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 221-222
| Size |
| 457 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl-Ste 113
| Size | 224 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Private office with operable windows.
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl-Ste 116
| Size | 216 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Private suite offers operable windows and a sink. Views of the Chicago River and parking lot
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl-Ste 117
| Size | 522 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Bright Corner unit with operable windows and a sink. Views of the Chicago River and parking lot.
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl-Ste 118-119
| Size | 436 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Private interior space with a sink and 2 entrance doors.
1st Fl - 120
| Size | 224 SF |
| Space Use | Flex |
| Build-Out | - |
| Available | Now |
Private sink within the suite. No window.
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
2nd Fl-Ste 216
| Size | 216 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
private office with operable windows. River views.
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
2nd Fl-Ste 218-220
| Size | 658 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
private office, interior space.
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
2nd Fl-Ste 221-222
| Size | 457 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Interior private office with built in shelving.
1 1
Exceptionally walkable
100/100
Moderately drivable
70/100
Exceptional public transit
90/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $122 CAD | |
| Land Assessment | $2,324,470 CAD | Total Assessment | $2,324,593 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$2,324,470 CAD
Improvements Assessment
$122 CAD
Total Assessment
$2,324,593 CAD
1 of 46
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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1410-1440 N Kingsbury St
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