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526 N Western Ave 10,500 SF Vacant Industrial Building Chicago, IL 60612 $1,952,892 CAD ($185.99 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Pedestrian-oriented area with consistent foot traffic.
  • Conveniently located just two blocks from the Metra stop at Hubbard and Western.
  • Favorable C1-2 zoning allowing for Mixed Used development, restaurants and other multiple commercial uses

EXECUTIVE SUMMARY

Renovated and re-imagined in 2024, this 10,500-square-foot brick and heavy timber flex building offers a modernized and adaptable space in one of Chicago’s most vibrant neighborhoods. Positioned along the bustling and highly visible Western Avenue corridor at the nexus of West Town and the Kinzie Corridor, the property combines historic character with contemporary enhancements, creating an exceptional opportunity for owner-users or investors.
The ground floor features 8,220 square feet of open warehouse space, boasting one drive-in-door: 11’2”H x 9’W, 75 feet of prime street frontage, and an abundance of natural light—perfect for seamless operations and a variety of commercial uses. Recently renovated, the second floor spans approximately 2,280 square feet and offers a blank canvas for customization, ideal for private offices or creative workspaces. With C1-2 zoning in place, the property offers significant redevelopment potential, including up to eight residential units with ground-floor commercial space. Updated in 2023 with a new TPO roof, tuckpointing, HVAC and distribution, second floor cosmetic upgrades.
Situated along a major transit corridor and just steps from the Western Metra Station, the site qualifies for Transit Oriented Development (TOD), adding to its flexibility and broad appeal. Additionally, 526 N. Western Avenue offers seamless connectivity with its strategic location near downtown, major highways, and public transit options. Surrounded by thriving developments and featuring a versatile layout, this property presents a rare opportunity—whether you're looking to establish a headquarters, expand your portfolio, or pursue a transformative redevelopment project.

PROPERTY FACTS

Price $1,952,892 CAD
Price Per SF $185.99 CAD
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Manufacturing
  • Industrial Distribution
  • OfficeLoft Creative Space
  • Office Office Residential
Building Class B
Lot Size 0.19 AC
Rentable Building Area 10,500 SF
No. Stories 2
Year Built/Renovated 1921/2024
Clear Ceiling Height 11’
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 1
Zoning C1-2 - Neighborhood Commercial District

AMENITIES

  • Bus Line
  • Commuter Rail

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 8,220 SF
  • Industrial
  • Full Build-Out
  • Now

The ground floor features 8,220 square feet of open warehouse space, boasting one drive-in-door: 11’2”H x 9’W, 75 feet of prime street frontage, and an abundance of natural light—perfect for seamless operations and a variety of commercial uses.

  • 2nd Floor
  • 2,280 SF
  • Office
  • Full Build-Out
  • Now

Recently renovated, the second floor spans approximately 2,280 square feet and offers a blank canvas for customization, ideal for private offices or creative workspaces.

Space Size Space Use Condition Available
1st Floor 8,220 SF Industrial Full Build-Out Now
2nd Floor 2,280 SF Office Full Build-Out Now

1st Floor

Size
8,220 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

2nd Floor

Size
2,280 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Floor

Size 8,220 SF
Space Use Industrial
Condition Full Build-Out
Available Now

The ground floor features 8,220 square feet of open warehouse space, boasting one drive-in-door: 11’2”H x 9’W, 75 feet of prime street frontage, and an abundance of natural light—perfect for seamless operations and a variety of commercial uses.

2nd Floor

Size 2,280 SF
Space Use Office
Condition Full Build-Out
Available Now

Recently renovated, the second floor spans approximately 2,280 square feet and offers a blank canvas for customization, ideal for private offices or creative workspaces.

Walk Score®
Walker's Paradise (91)
Transit Score®
Excellent Transit (70)
Bike Score®
Very Bikeable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16-12-218-014-0000
Land Assessment
$144,825 CAD
Improvements Assessment
$221,290 CAD
Total Assessment
$366,115 CAD
  • Listing ID: 34553293

  • Date on Market: 2025-01-21

  • Last Updated:

  • Address: 526 N Western Ave, Chicago, IL 60612

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