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221 N Washtenaw Ave
Chicago, IL 60612
Land For Sale · 8.00 AC

Investment Highlights

  • ±8-acre site located in Chicago’s near North Side/West Loop industrial corridor.
  • Enterprise Zone and 6B tax incentive eligibility for potential cost savings.
  • Excellent connectivity to I-290 and major transportation networks.
  • PMD-4A zoning supports diverse industrial uses and flexible operations.
  • Proposed build-to-suit design includes 36-foot clear height and 21 dock doors.
  • Located in a high-profile corporate and industrial hub with strong infrastructure.

Executive Summary

This ±8-acre development site offers a rare opportunity in Chicago’s highly sought-after West Loop industrial corridor. Positioned within the city’s near North Side, the property is the largest available parcel in this urban infill market, making it an exceptional choice for investors seeking long-term value in a land-constrained area. The site benefits from PMD-4A zoning, which supports a wide range of industrial uses and flexible development options.
Located in the 27th Ward, the property is eligible for Enterprise Zone and 6B tax incentives, enhancing its financial appeal. Its proximity to major transportation routes, including I-290, ensures efficient regional connectivity for logistics and distribution operations. With Chicago’s strong industrial demand and limited supply of large parcels, this site represents a strategic acquisition for developers and investors focused on urban logistics, last-mile delivery, or build-to-suit opportunities.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Industrial
  • Industrial Park
  • Parking Lot
  • Truck Terminal
  • Warehouse
Total Lot Size 8.00 AC
Zoning PMD

1 Lot Available

Lot

Lot Size 8.00 AC

The property at 221 N Washtenaw Avenue in Chicago consists of approximately eight acres within the city’s West Loop area. It is situated near major transportation routes, including Interstate 290, and is located in the 27th Ward.

Description

The property at 221 N Washtenaw Avenue in Chicago consists of approximately eight acres within the city’s West Loop area. It is situated near major transportation routes, including Interstate 290, and is located in the 27th Ward. The site is zoned PMD-4A and is eligible for Enterprise Zone and 6B programs. Surrounding uses include industrial, commercial, and institutional facilities.

  • Listing ID: 39375641

  • Date on Market: 2026-02-09

  • Last Updated:

  • Address: 221 N Washtenaw Ave, Chicago, IL 60612

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