36 Squared 3636 S Iron St 155,000 SF 92% Leased Flex Building Chicago, IL 60609 $13,022,505 CAD ($84.02 CAD/SF) 10.75% Cap Rate

DarwinPW Realty is proud to exclusively present 36Squared For Sale. Originally constructed in 1915 as part of the Central Manufacturing District, the property has a rich legacy of industrial innovation and adaptive reuse. Over the past century, the building has housed a range of notable tenants and uses, from manufacturing the world’s first cylinder head gasket to serving distribution, artistic, and commercial purposes.
The property represents a rare offering, owned and maintained by the same ownership since 1979. Long-term ownership has supported ongoing capital investment and building system upgrades, resulting in a well-maintained asset with preserved architectural character. 36Squared supports a diversified multi-tenant profile across office, flex, and light industrial uses, providing investors with stable tenancy and flexible leasing configurations adaptable to market demand.
36Squared is situated in Chicago’s Bridgeport neighborhood, a historically industrial area that has evolved into a diverse, mixed-use submarket supporting creative, office, commercial, and industrial uses. The property is located in proximity to Rate Field, home of the Chicago White Sox, and benefits from continued public and private investment in the surrounding area. Bridgeport’s growing appeal to artists, small businesses, and entrepreneurial users has driven demand for authentic, flexible space. With convenient access to downtown Chicago, major expressways, and transit, the property is well-positioned to serve a broad tenant base while benefiting from continued neighborhood revitalization.