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822 W Wilson Ave 12,625 SF 100% Leased Industrial Building Chicago, IL 60640 For Sale

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Investment Highlights

  • Flexible zoning allows for industrial, flex, adaptive reuse, or full redevelopment.
  • Potential to develop up to 66 multifamily units.
  • Located in Uptown, a dynamic neighborhood near Lake Shore Drive and Downtown Chicago.
  • Transit-oriented location within a 9-minute walk to Wilson CTA Station (Red and Purple Lines).
  • Rear alley access supports servicing and future redevelopment plans.
  • Surrounded by new residential developments and strong urban amenities.

Executive Summary

822 W Wilson Avenue presents a rare opportunity in Chicago’s Uptown neighborhood for investors and developers seeking a highly adaptable property. Situated on a 10,766 SF lot and improved with a two-story, 12,625 SF warehouse, this site offers exceptional flexibility for industrial or flex use, adaptive reuse, or complete redevelopment. The property’s strategic location within a dense urban corridor positions it for strong long-term value, whether retained for income generation or repositioned for multifamily development.
The site is transit-oriented, located just 0.5 miles from the Wilson CTA Station, providing access to the Red and Purple Lines and ensuring connectivity to Downtown Chicago within 20–25 minutes. Rear alley access enhances functionality for servicing and future redevelopment. With the potential to accommodate up to 66 residential units, the property aligns with the city’s growing demand for housing and mixed-use projects.
Surrounded by established residential communities and new developments such as Solvere Apartments and Eastwood Condos, the property benefits from a vibrant neighborhood atmosphere and proximity to Lake Shore Drive, offering easy access to major employment centers and recreational amenities. This is an ideal acquisition for investors seeking a prime urban infill site with multiple exit strategies and strong upside potential.

Property Facts

Sale Type Investment or Owner User
Sale Conditions
High Vacancy Property
  • Redevelopment Project
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.27 AC
Rentable Building Area 12,625 SF
No. Stories 2
Year Built 1989
Clear Ceiling Height 14’
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 1
Zoning PD-37

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 6,610 SF
  • Industrial
  • -
  • 30 Days

Ideal for Pickleball Facility! High-Cube Warehouse for Lease in Uptown. Exceptional build-to-suit opportunity with plans in place for a three-court indoor pickleball facility. Tenant to pay $150K per year plus taxes and amortized tenant improvement costs. Strong income potential with projected revenue of $800K in Year 1, increasing to $862K by Year 3. Parking for multiple vehicles. Conveniently located just two blocks from the Lake Shore Drive entrance ramp. Exceptional urban infill site / high density location.

Space Size Space Use Condition Available
1st Floor 6,610 SF Industrial - 30 Days

1st Floor

Size
6,610 SF
Space Use
Industrial
Condition
-
Available
30 Days

1st Floor

Size 6,610 SF
Space Use Industrial
Condition -
Available 30 Days

Ideal for Pickleball Facility! High-Cube Warehouse for Lease in Uptown. Exceptional build-to-suit opportunity with plans in place for a three-court indoor pickleball facility. Tenant to pay $150K per year plus taxes and amortized tenant improvement costs. Strong income potential with projected revenue of $800K in Year 1, increasing to $862K by Year 3. Parking for multiple vehicles. Conveniently located just two blocks from the Lake Shore Drive entrance ramp. Exceptional urban infill site / high density location.

Walk Score®
Very Walkable (87)
Transit Score®
Excellent Transit (78)
Bike Score®
Biker's Paradise (93)
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 Numbers
Multiple
  • 14-17-215-019-0000
  • 14-17-215-020-0000
Land Assessment
$201,394 CAD
Improvements Assessment
$15,677 CAD
Total Assessment
$217,070 CAD
  • Listing ID: 39402201

  • Date on Market: 2026-02-11

  • Last Updated:

  • Address: 822 W Wilson Ave, Chicago, IL 60640

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