Commercial Real Estate in Chicago available for sale
Chicago Lofts For Sale

Lofts for Sale in Chicago, IL, USA

More details for 2323 N Milwaukee Ave, Chicago, IL - Retail for Sale

Revolution Brewing - 2323 N Milwaukee Ave

Chicago, IL 60647

  • Loft
  • Retail for Sale
  • $4,606,041 CAD
  • 12,500 SF
See More
More details for 565 W Randolph St, Chicago, IL - Office for Sale

565 W Randolph St

Chicago, IL 60661

  • Loft
  • Office for Sale
  • $15,702,412 CAD
  • 59,225 SF
  • Air Conditioning
  • 24 Hour Access
  • Controlled Access
  • Restaurant
  • Wheelchair Accessible
  • Smoke Detector

Chicago Office for Sale - West Loop

565 W. Randolph St offers investors a unique opportunity to acquire a prime asset in Chicago’s West Loop, a neighborhood celebrated for its dynamic blend of commercial and residential growth. This ±59,981 SF Class C office building, constructed in 1872, combines historical charm with modern functionality, featuring both a passenger elevator and a freight elevator. This asset provides immediate stable cash flow along with significant value-add potential through a strategic conversion plan. The property is currently 98% occupied, with nine tenants, including ground-floor anchors Proxi and Sepia—two Michelin-starred dining establishments that recently renewed their leases for another five years with additional renewal options. This established retail presence ensures strong income stability for investors. Key Conversion Opportunity: Office to Multifamily Apartments This asset presents a compelling opportunity for an office-to-residential conversion, allowing investors to capitalize on the increasing demand for multifamily units in the West Loop. The property offers a phased approach to conversion: 43,624 SF (72.8% of the building) can become available by the end of December 2024, providing the majority of the building for potential apartment conversion immediately after acquisition. An additional 1,642 SF (2.7% of the building) will become available between March and November 2026 as leases expire, offering further flexibility for phased redevelopment. The final 5,550 SF (9.2% of the building) will become available between January and April 2029 upon lease expirations, enabling investors to continue generating income from office leases while gradually converting spaces to residential use. Strategic Investment Potential This asset allows for a phased redevelopment strategy, maximizing cash flow while taking advantage of conversion opportunities as leases roll over. The property's prime location offers proximity to top-tier transportation, shopping, dining, and green spaces, making it highly attractive to prospective residential tenants. By converting the office floors to apartments, investors can tap into the strong rental market in the West Loop, while still benefiting from the stable income of long-term retail tenants. With strategic upgrades and a phased conversion plan, investors can elevate rental rates, attract premium residential tenants, and significantly enhance the property's value. The unique combination of historical architecture, Michelin-starred retail tenants, and conversion flexibility positions 565 W. Randolph St as a standout investment in one of Chicago’s most sought-after neighborhoods.

Contact:

Midwest Investment Advisors

Property Subtype:

Loft/Creative Space

Date on Market:

2024-12-23

Hide
See More
More details for 9122 S Kedzie Ave, Evergreen Park, IL - Office for Sale

9122 S Kedzie Ave

Evergreen Park, IL 60805

  • Loft
  • Office for Sale
  • $801,172 CAD
  • 4,073 SF
See More
More details for 1900 W Kinzie St, Chicago, IL - Flex for Sale

1900 W Kinzie St

Chicago, IL 60622

  • Loft
  • Flex for Sale
  • $10,468,275 CAD
  • 49,006 SF
See More
More details for 324-326 W Chicago Ave, Chicago, IL - Retail for Sale

324-26 W. Chicago Ave. - 324-326 W Chicago Ave

Chicago, IL 60654

  • Loft
  • Retail for Sale
  • $5,157,370 CAD
  • 12,500 SF
See More
More details for 5875 N Lincoln Ave, Chicago, IL - Office for Sale

Lincoln Office Bldg - 5875 N Lincoln Ave

Chicago, IL 60659

  • Loft
  • Office for Sale
  • $4,364,573 CAD
  • 35,282 SF
See More
More details for 216 S Jefferson St, Chicago, IL - Office for Sale

216 S Jefferson St

Chicago, IL 60661

  • Loft
  • Office for Sale
  • $626,701 - $696,489 CAD
  • 2,375 - 3,075 SF
  • 2 Units Available
See More
More details for 1725 W Hubbard St, Chicago, IL - Flex for Sale

1725 W Hubbard St

Chicago, IL 60622

  • Loft
  • Flex for Sale
  • $3,838,367 CAD
  • 11,200 SF
See More
More details for 431 N Wolcott Ave, Chicago, IL - Office for Sale

431 N Wolcott Ave

Chicago, IL 60622

  • Loft
  • Office for Sale
  • $4,117,521 CAD
  • 28,442 SF
See More
More details for 3265 W Armitage Ave, Chicago, IL - Office for Sale

3265 W Armitage Ave , Chicago, IL 60647 - 3265 W Armitage Ave

Chicago, IL 60647

  • Loft
  • Office for Sale
  • $1,360,876 CAD
  • 4,600 SF
See More
More details for 1109 W Fulton Market, Chicago, IL - Flex for Sale

1109 W Fulton Market

Chicago, IL 60607

  • Loft
  • Flex for Sale
  • Price Upon Request
  • 9,000 SF

Chicago Flex for Sale - Fulton Market/Near West Side

• 9,000 Sq. Ft. Building with 30’ Ft. frontage. • Three stories of open, clear-span loft space offering 3,000 Sq. Ft. per floor, making it flexible for a wide range of uses. • 12’ Timber Ceilings with Steel I-Beams and Exposed Brick. • Full basement with 8’–9’ ceilings — bonus footage that expands your options beyond the three floors. • Freight Elevator Access to All Floors. • Currently configured as a warehouse/artist studio on the retail level with a residential home on floors 2 and 3 — live, work, invest, or reimagine entirely. • Central Heat and Air Throughout and Multiple Hot Water Tanks. • Owner’s unit features a full kitchen, two full baths, and in unit washer/dryer, making it move-in ready. • Updated 3-phase electric, gas and water service, and a full sump pump system in the basement, with many other infrastructure updates completed over the years. • Roof access from the 3rd floor — Potential roof deck option. • Centrally Located in the Heart of the West Loop Neighborhood and on Historic Fulton Market Street. • ½ Mile to Multiple L Stops and Access to Kennedy Expressway. • Area Tenants Include: Google Headquarters, Soho House, Nobu Hotel, Herman Miller, Fjallraven, Publican, Rose Mary and Many More. • One of the hottest addresses in the entire country, perfect for any business or for those wanting to be at the epicenter of everything the West Loop has to offer.

Contact:

@properties Commercial

Date on Market:

2026-06-02

Hide
See More
More details for 2100-2114 S Indiana Ave, Chicago, IL - Multifamily for Sale

Vesta Lofts - 2100-2114 S Indiana Ave

Chicago, IL 60616

  • Loft
  • Multifamily for Sale
  • Price Upon Request
  • 53,385 SF
See More
More details for 1006 S Michigan Ave, Chicago, IL - Office for Sale

Graphic Arts Lofts - 1006 S Michigan Ave

Chicago, IL 60605

  • Loft
  • Office for Sale
  • Price Upon Request
  • 80,521 SF
See More
More details for 1648 W Kinzie St, Chicago, IL - Industrial for Sale

1648 W Kinzie St

Chicago, IL 60622

  • Loft
  • Industrial for Sale
  • Price Upon Request
  • 30,000 SF

Chicago Industrial for Sale - Northwest City

1648 West Kinzie Street presents a rare opportunity to acquire a 30,000 SF redevelopment asset in Chicago’s highly sought-after Kinzie Corridor. Positioned at the intersection of the rapidly expanding Fulton Market district and the transformative West Side growth corridor, the property offers investors, developers, and owner-users the chance to reposition a substantial urban industrial building in one of the city’s most dynamic locations. The existing improvements feature a highly functional layout with three (3) drive-in doors, high-bay crane space, direct street access, and 22'+ clear ceiling heights. Constructed with a combination of brick & timber, concrete & steel, the building offers authentic industrial character paired with robust structural integrity. Additional features include a decommissioned freight elevator, skyline views, and the potential to create a large rooftop deck with panoramic 360-degree views of Chicago’s skyline, creating compelling adaptive reuse possibilities for creative office, showroom, entertainment, residential loft, or mixed-use concepts. Strategically located within Enterprise Zone 4, the property may benefit from valuable development incentives while also offering exceptional visibility along the Metra rail corridor with signage exposure to 90,000+ daily riders. Accessibility is unmatched, with immediate connections to I-90/94, I-290, and the Ashland CTA Station all within approximately one mile. The surrounding area continues to experience extraordinary momentum fueled by the success of Fulton Market, home to global corporate headquarters, premier dining, entertainment, luxury residential development, and emerging high-end retail. Additionally, the nearby $7 billion “1901 Project” surrounding the United Center is set to reshape Chicago’s West Side with approximately 55 acres of mixed-use development, further accelerating demand and long-term value for well-located assets such as 1648 West Kinzie Street. Price is subject to offer.

Contact:

SVN | Chicago Commercial

Date on Market:

2020-01-26

Hide
See More
More details for 215, 221, & 223 West Ohio Street, – Office for Sale, Chicago, IL

215, 221, & 223 West Ohio Street,

  • Loft
  • Office for Sale
  • Price Upon Request
  • 60,345 SF
  • 3 Office Properties
See More
More details for 456 N Leavitt St, Chicago, IL - Industrial for Sale

456 N Leavitt St

Chicago, IL 60612

  • Loft
  • Industrial for Sale
  • Price Upon Request
  • 4,326 SF
See More
More details for 2000 N Lincoln Park W, Chicago, IL - Multifamily for Sale

2000 N Lincoln Park W

Chicago, IL 60614

  • Loft
  • Retail for Sale
  • Price Upon Request
  • 37,415 SF
  • 1 Unit Available
See More
More details for 100-140 S Ashland Ave Fee Simple – Retail for Sale, Chicago, IL

100-140 S Ashland Ave Fee Simple

  • Loft
  • Mixed Types for Sale
  • Price Upon Request
  • 11 Properties | Mixed Types
See More
More details for 1507-1509 S Michigan Ave, Chicago, IL - Retail for Sale

1507-1509 S Michigan Ave

Chicago, IL 60605

  • Loft
  • Retail for Sale
  • Price Upon Request
  • 25,600 SF
See More
More details for 2221 S Michigan Ave, Chicago, IL - Industrial for Sale

2221 S Michigan Ave

Chicago, IL 60616

  • Loft
  • Industrial for Sale
  • Price Upon Request
  • 33,500 SF
See More
25-48 of 63