401 N Leavitt St 39,000 SF Vacant Industrial Building Chicago, IL 60612 $3,458,875 CAD ($88.69 CAD/SF)

Baum Realty Group, LLC is pleased to present 401 N. Leavitt Street, a premier industrial-flex asset offered near land basis and well below replacement cost. This pricing creates a compelling entry point for an owner-user to reposition the existing structure or for an investor to execute a redevelopment of unmatched scale and style within the neighborhood.
Situated in Chicago’s high-growth Kinzie Corridor, this 39,491 SF brick-and timber asset presents a rare opportunity for acquisition on a prominent 39,000 SF corner lot. The property is exceptionally transit-oriented, located within a quarter mile of the CTA Damen-Lake Green Line Station, the Western Metra Station, and two major bus routes.
The ground floor offers a versatile 27,191 SF footprint, featuring 9,000 SF of production/flex space, a 7,200 SF warehouse and small office with dedicated entrance, and an impressive 8,400 SF column-free barrel truss section. Efficiency is maximized via interior recessed loading dock and two exterior trailer-high loading docks, complemented by a substantial 11,809 SF surface parking lot.
The 12,300 SF second floor offers 13’-15’ lofted ceilings with sweeping city views, providing a blank canvas for creative repositioning. With 145’ of high visibility wallscape exposure to 90,000 daily commuters and protective zoning in a supply-constrained market, 401 N. Leavitt is a premier asset positioned at the center of Chicago’s industrial and commercial modernization.