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457 N Leavitt St
Chicago, IL 60612
Kinzie Corridor Industrial Building · Industrial Property For Sale

INVESTMENT HIGHLIGHTS

  • 1.06 Acre Land Area | 40,488 SF Building | For SALE or LEASE
  • Easy Transportation Access to Metra, El, Bus, and Highway | New Damen Green Line Stop 1/2 Mile Away
  • Rising Rents to the East Increasing Tenant Demand
  • 22,998 SF Parking | 2-Story Brick Construction Industrial Building | Sprinkled
  • Zoned PMD No. 4 (A) | Kinzie Industrial Corridor TIF and Enterprise Zone 4 | 2021 Taxes $1.83/PSF
  • Limited Supply of Redevelopment Opportunities

PROPERTY FACTS

Property Type Industrial
Property Subtype
Warehouse
  • Flex Showroom
  • Industrial Distribution
  • Industrial Manufacturing
Building Class C
Lot Size 1.06 AC
Rentable Building Area 40,488 SF
No. Stories 2
Year Built/Renovated 1895/1976
Parking Ratio 1.2/1,000 SF
Clear Ceiling Height 16’
Zoning PMD No. 4 A - The property is part of the Kinzie Industrial Corridor TIF (Tax Increment Financing) District along with Enterprise Zone number 4.

ABOUT 457 N LEAVITT ST , CHICAGO, IL 60612

SVN Chicago Commercial, as exclusive listing broker, is pleased to present 457 N. Leavitt for SALE or LEASE. Located in the heart of the Kinzie Corridor just west of Chicago's vibrant West Loop and Fulton Market neighborhoods, the subject building spans 40,488 SF in a 2-story brick building. It sits on a total of 1.06 acres including a 23,000 SF surface lot, a coveted amenity in this sub-market. The property is zoned PMD 4 (A) and is in Chicago's 27th Ward (Burnett). Its location provides excellent access to transportation being 2 blocks from Western Avenue, one of Chicago’s busiest thoroughfares, and within a half-mile of the new CTA Damen Green Line stop (under construction), the Western Avenue Metra stop, and multiple bus lines. The trendy West Loop and Fulton Market neighborhoods are within approximately 1 mile, as well as Interstate 290, providing easy access to downtown and the Region. The building is sprinkled, includes 1 modified freight elevator, 2 depressed docks, 2 ground-level roll-up doors and 6 dock high doors with the ability to increase that amount. The 2nd floor consists of warehouse with a small amount of office space. The property is part of the Kinzie Industrial Corridor TIF (Tax Increment Financing) District along with Enterprise Zone number 4. The building is sprinkled, includes 1 modified freight elevator, 2 depressed docks, 2 ground-level roll-up doors and 6 dock high doors with the ability to increase that amount. The 2nd floor consists of warehouse with a small amount of office space. The property is part of the Kinzie Industrial Corridor TIF (Tax Increment Financing) District along with Enterprise Zone number 4.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17-07-130-016-0000
Land Assessment
$468,023
Improvements Assessment
$737,060
Total Assessment
$1,205,083
  • Listing ID: 19055218

  • Date on Market: 2020-03-30

  • Last Updated:

  • Address: 457 N Leavitt St, Chicago, IL 60612

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