1648 Kinzie StChicago, IL 60622

For Sale
Call for price

Chicago Industrial/Office Redevelopment

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 30,000-square-foot mixed-use property at 1648 W. Kinzie Street in Chicago's Kinzie Corridor presents a unique redevelopment opportunity. The vacant, multi-tenant building, constructed in 1908, features two buildings with three stories each, offering 12' to 20' ceiling heights. The property sits on a 12,721-square-foot lot and boasts an additional 38,163 square feet of air rights, allowing for significant expansion potential. The first floor of the main building features concrete and steel construction with drive-in door access. The northern building offers expansive 8,589-square-foot floor plates showcasing exposed brick, concrete, and heavy timber, all accessible via a central elevator shaft. The property benefits from PMD 4A zoning, allowing for adaptive reuse and a variety of development options. Its prime location offers excellent visibility to Metra commuters (over 90,000 daily riders), proximity to major interstates (I-90/94 & I-290), and convenient access to public transportation, including the Green and Pink Line L stations and Metra service. The surrounding area is experiencing significant growth, with nearby attractions such as Brew Yards and Altitude Trampoline Park, and the presence of numerous healthcare institutions and thriving incubators like the ICNC's Make City Incubator and the Hatchery food incubator. This location offers easy access to the West Loop, Fulton Market, River West, Goose Island, and Wicker Park neighborhoods, making it an ideal location for a variety of businesses. The property is offered fee simple.

Highlights

  • 30,000 SF mixed-use redevelopment opportunity in Chicago's Kinzie Corridor.
  • Concrete & steel first floor with drive-in door access.
  • North building features 8,589 SF floor plates with exposed brick, concrete, and heavy timber.
  • Central elevator shaft serving all three floors.

Property Details for 1648 Kinzie St

Property type
Life science properties, Other office properties
Square Feet
30,000 SF
Class
C
Year Built
1908
Buildings
2
Stories
3

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.889012
Longitude
-87.6686679
1648 Kinzie St, Chicago, Illinois

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1648 Kinzie St
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