Log In/Sign Up
Your email has been sent.
1648 W Kinzie St 30,000 SF Office Building Chicago, IL 60622 For Sale
Investment Highlights
- 3 DID, skyline views, potential for large rooftop deck, 1 freight elevator (decommissioned), and brick & timber and concrete and steel construction.
- Located in Enterprise Zone 4 and along the Metra tracks, offering excellent signage potential to +90,000 daily riders.
- Conveniently located to benefit from the high demand and continued development of Fulton Market.
- High-bay, crane building consists of direct street access and +22’ ceiling height.
- Direct Interstate Access to I-90/94 & I-290 within 1-mile and easily accessible to the Ashland CTA Station.
- In immediate vicinity of "The 1901 Project" transforming Chicago's West Side with a $7B investment & ~55-AC of mixed-use development.
Executive Summary
1648 West Kinzie Street presents a rare opportunity to acquire a 30,000 SF redevelopment asset in Chicago’s highly sought-after Kinzie Corridor. Positioned at the intersection of the rapidly expanding Fulton Market district and the transformative West Side growth corridor, the property offers investors, developers, and owner-users the chance to reposition a substantial urban industrial building in one of the city’s most dynamic locations.
The existing improvements feature a highly functional layout with three (3) drive-in doors, high-bay crane space, direct street access, and 22'+ clear ceiling heights. Constructed with a combination of brick & timber, concrete & steel, the building offers authentic industrial character paired with robust structural integrity. Additional features include a decommissioned freight elevator, skyline views, and the potential to create a large rooftop deck with panoramic 360-degree views of Chicago’s skyline, creating compelling adaptive reuse possibilities for creative office, showroom, entertainment, residential loft, or mixed-use concepts.
Strategically located within Enterprise Zone 4, the property may benefit from valuable development incentives while also offering exceptional visibility along the Metra rail corridor with signage exposure to 90,000+ daily riders. Accessibility is unmatched, with immediate connections to I-90/94, I-290, and the Ashland CTA Station all within approximately one mile.
The surrounding area continues to experience extraordinary momentum fueled by the success of Fulton Market, home to global corporate headquarters, premier dining, entertainment, luxury residential development, and emerging high-end retail. Additionally, the nearby $7 billion “1901 Project” surrounding the United Center is set to reshape Chicago’s West Side with approximately 55 acres of mixed-use development, further accelerating demand and long-term value for well-located assets such as 1648 West Kinzie Street.
Price is subject to offer.
The existing improvements feature a highly functional layout with three (3) drive-in doors, high-bay crane space, direct street access, and 22'+ clear ceiling heights. Constructed with a combination of brick & timber, concrete & steel, the building offers authentic industrial character paired with robust structural integrity. Additional features include a decommissioned freight elevator, skyline views, and the potential to create a large rooftop deck with panoramic 360-degree views of Chicago’s skyline, creating compelling adaptive reuse possibilities for creative office, showroom, entertainment, residential loft, or mixed-use concepts.
Strategically located within Enterprise Zone 4, the property may benefit from valuable development incentives while also offering exceptional visibility along the Metra rail corridor with signage exposure to 90,000+ daily riders. Accessibility is unmatched, with immediate connections to I-90/94, I-290, and the Ashland CTA Station all within approximately one mile.
The surrounding area continues to experience extraordinary momentum fueled by the success of Fulton Market, home to global corporate headquarters, premier dining, entertainment, luxury residential development, and emerging high-end retail. Additionally, the nearby $7 billion “1901 Project” surrounding the United Center is set to reshape Chicago’s West Side with approximately 55 acres of mixed-use development, further accelerating demand and long-term value for well-located assets such as 1648 West Kinzie Street.
Price is subject to offer.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Property Subtype
Building Size
30,000 SF
Building Class
B
Year Built/Renovated
1886/2019
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
10,000 SF
Slab To Slab
12’
Building FAR
2.36
Lot Size
0.29 AC
Zoning
PMD 4A - PMD 4A; Enterprise Zone 4; Kinzie Industrial Corridor TIF
Permitted Uses: Office, Warehouse, Cultivation, Urban Farm, Retail (limited), Medical
Parking
5 Spaces (0.17 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Storage Space
- Direct Elevator Exposure
- Natural Light
1 1
Moderately walkable
60/100
Fairly drivable
50/100
Exceptional public transit
90/100
Moderately bikeable
70/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $775,326 CAD | |
| Land Assessment | $126,971 CAD | Total Assessment | $902,297 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$126,971 CAD
Improvements Assessment
$775,326 CAD
Total Assessment
$902,297 CAD
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
1648 W Kinzie St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.