350 N Ogden Ave
Chicago, IL 60607
Bureau Propriété À vendre

CBRE, as the exclusive advisor, is pleased to present an opportunity to acquire 100% fee simple interest in 350 North Ogden Avenue (“the Property”), a 78,248 SF industrial / flex / storage / office building located on the western edge of Fulton Market. Built in the iconic Chicago brick style, the Property has 4 floors and a full basement with roughly 16,000 SF available per floor. The Property has Ogden frontage plus window lines facing Downtown and Fulton Market, allowing for abundant natural light.
Zoned PMD-4, the property allows for a wide range of commercial, retail, and industrial uses, and its location on Ogden Avenue provides excellent visibility and accessibility. While rents are currently below market, this presents a significant value-add opportunity for an owner-occupier to tailor the space to their specific needs and benefit from future rent increases.
Perfectly suited for a self-storage owner/user, the Property is nestled among several existing and proposed multi-family developments, averaging 300+ units per project. Notably, the upcoming 1901 Project at the United Center promises to bring an influx of residents and businesses in the area. The Property is well located, seeing over 17,000 vehicles per day along Ogden Avenue, a major artery of Chicago, connecting it to the Medical District and stretching out to the Chicagoland western suburbs. Further, the Property is well situated between I-90 and I-290, both can be accessed via Ogden Avenue.