431 Wolcott AveChicago, IL 60622

For Sale
$2,950,000

Chicago Office Building - 28,442 SF, Vacant

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 28,442-square-foot executive office building, located at 431 N Wolcott Ave in Chicago's Kinzie Corridor (Cook County, IL 60622), presents a unique investment opportunity. Priced at $2,950,000 ($103.72/sq ft), the property is currently vacant, offering immediate occupancy for a discerning buyer. The building boasts attractive masonry and timber loft construction, showcasing exposed columns and beams, creating a unique and desirable aesthetic. The expansive 26,456-square-foot lot allows for significant potential. A notable feature is the ability to expand the building by approximately 6,000 square feet by adding exterior walls to two lower rooftop areas, providing substantial future growth opportunities. On-site parking accommodates 33 vehicles in an attached lot. The property's prime location near the West Loop and Fulton Market District offers excellent accessibility and visibility. Furthermore, the potential for abundant outdoor space and multiple roof decks adds significant value. The property is conveniently situated just 0.3 miles from a new CTA Green Line station currently under construction at Lake and Damen, enhancing its accessibility and appeal. The property's APN is 17-07-237-038-0000 and is zoned PMD-4.

Highlights

  • Masonry and timber loft construction with exposed columns and beams.
  • ±6,000 SF expansion potential via rooftop additions.
  • Prime West Loop/Fulton Market location.
  • 33-car attached parking lot.
  • Potential for significant outdoor space and multiple roof decks.
  • 0.3 miles from the new Lake & Damen CTA Green Line station.

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.8896569
Longitude
-87.6742503
431 Wolcott Ave, Chicago, Illinois

FAQs

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Please email our support team at [email protected] and they will add the team member.
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431 Wolcott Ave
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