Log In/Sign Up
Your email has been sent.
201 N Elizabeth St
Chicago, IL 60607
Industrial Property For Sale
Investment Highlights
- Freestanding industrial building with ±13,996 SF, divisible to ±6,000 SF.
- Several cooler and freezer rooms in place, suitable for cold storage operations.
- Located in Chicago’s West Loop near major redevelopment projects and CTA transit.
- Four exterior docks and a 97-foot loading platform for efficient logistics.
- High-end video security and alarm system installed throughout the property.
- Easy access to I-94 and proximity to major corporate and retail destinations.
Executive Summary
FOR SALE OR LEASE. Apartments, Hotel, Restaurant, Pickleball.
This freestanding industrial property at 201 N. Elizabeth Street offers a rare opportunity for investors and developers in Chicago’s dynamic West Loop corridor. Situated on a ±0.55-acre site, the building spans approximately 13,996 square feet and is zoned M2-3, allowing for a range of industrial and redevelopment uses. The property’s location within a rapidly transforming neighborhood positions it for significant long-term value appreciation, with multiple high-rise residential and mixed-use projects underway nearby.
The site features four exterior docks, a 97-foot loading platform, and several cooler/freezer rooms, making it suitable for cold storage or food-related operations. High-end video security and alarm systems are in place, enhancing operational security. With proximity to major thoroughfares, including I-94, and easy access to CTA stations at Ashland and Morgan, the property offers excellent connectivity for logistics and workforce accessibility. This asset represents a compelling acquisition for those seeking to capitalize on Chicago’s continued urban growth and redevelopment momentum.
This freestanding industrial property at 201 N. Elizabeth Street offers a rare opportunity for investors and developers in Chicago’s dynamic West Loop corridor. Situated on a ±0.55-acre site, the building spans approximately 13,996 square feet and is zoned M2-3, allowing for a range of industrial and redevelopment uses. The property’s location within a rapidly transforming neighborhood positions it for significant long-term value appreciation, with multiple high-rise residential and mixed-use projects underway nearby.
The site features four exterior docks, a 97-foot loading platform, and several cooler/freezer rooms, making it suitable for cold storage or food-related operations. High-end video security and alarm systems are in place, enhancing operational security. With proximity to major thoroughfares, including I-94, and easy access to CTA stations at Ashland and Morgan, the property offers excellent connectivity for logistics and workforce accessibility. This asset represents a compelling acquisition for those seeking to capitalize on Chicago’s continued urban growth and redevelopment momentum.
Property Facts
| Sale Type | Investment or Owner User | Year Built | 1989 |
| Property Type | Industrial | Parking Ratio | 3.91/1,000 SF |
| Building Class | B | Clear Ceiling Height | 21’ |
| Lot Size | 0.55 AC | No. Dock-High Doors/Loading | 4 |
| Rentable Building Area | 13,996 SF | Cross Streets | W Lake St. |
| No. Stories | 1 | ||
| Zoning | M2-3 - Proposed Uses include Apartments, Hotel, Restaurant, Pickle Ball, Warehouse, Medical. This property received a special use for pickleball previously. | ||
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Building Class | B |
| Lot Size | 0.55 AC |
| Rentable Building Area | 13,996 SF |
| No. Stories | 1 |
| Year Built | 1989 |
| Parking Ratio | 3.91/1,000 SF |
| Clear Ceiling Height | 21’ |
| No. Dock-High Doors/Loading | 4 |
| Cross Streets | W Lake St. |
| Zoning | M2-3 - Proposed Uses include Apartments, Hotel, Restaurant, Pickle Ball, Warehouse, Medical. This property received a special use for pickleball previously. |
Amenities
- Security System
- Signage
Property Taxes
| Parcel Number | 17-08-320-026-0000 | Improvements Assessment | $35 CAD |
| Land Assessment | $395,530 CAD | Total Assessment | $395,565 CAD |
Property Taxes
Parcel Number
17-08-320-026-0000
Land Assessment
$395,530 CAD
Improvements Assessment
$35 CAD
Total Assessment
$395,565 CAD
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
