1900 W Kinzie St - Light Distribution FOR SALE


Chicago, IL 60622- West Town
$7,950,000 USD
312-339-2220
1900 W Kinzie St, Chicago, IL for Sale
$7,950,000 USD
Light Distribution - FOR SALE
1/29
null | 8.84% Cap Rate

1900 W Kinzie St
Chicago, IL 60622
West Town


HIGHLIGHTS

  • Fully leased 49,000 SF concrete flex building with geothermal HVAC system.
  • 14-foot ceilings and wide-open floor plans with abundant natural light.
  • Reinforced concrete floors rated at 350 lbs/SF for heavy-duty use.
  • Features include a 3,000 lb. freight elevator, passenger elevator, and exterior recessed dock.
  • Convenient access to CTA Green and Pink Lines, Metra, and major Chicago thoroughfares.
  • On-site parking for 43 vehicles in a high-demand urban location.

OVERVIEW

1900 W. Kinzie offers a fully leased, 49,000-square-foot industrial flex building in Chicago’s dynamic Kinzie Corridor. This concrete loft property combines historic character with modern infrastructure, featuring geothermal HVAC, terrazzo floors, and abundant natural light through large windows. The building’s open floor plans and 14-foot ceilings create versatile work environments, while reinforced concrete floors support heavy-duty operations. The property includes a 3,000-pound capacity freight elevator, a passenger elevator, and an exterior recessed dock, ensuring efficient logistics and tenant convenience. With parking for 43 vehicles and proximity to major transit options, including the CTA Green and Pink Lines and the Western Avenue Metra Station, accessibility is a key advantage. Currently generating a net operating income of $703,000 and backed by a five-year weighted average lease term, this asset provides investors with stable cash flow and long-term upside in one of Chicago’s most sought-after urban industrial submarkets.

FOR SALE DETAILS

PRICE

$7,950,000 USD

PRICE/SF

$162 USD /SF

CAP RATE

8.84%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

ADD'L SUBTYPES

Distribution, Showroom, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1896

UTILITIES

-

CLEAR CEILING HT

14 Ft

DOCKS

1

DRIVE INS

-

PARKING SPACES

43

LAND DETAILS

LAND ACRES

0.47

LAND SF

20,399

ZONING

PMD 4

APN/PARCEL ID

17-07-236-011-0000,17-07-236-012-0000,17-07-236-017-0000,17-07-236-018-0000

ASK ABOUT THIS PROPERTY

Steve AaronsonCushman & WakefieldMore Info
312-339-2220

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Steve AaronsonCushman & WakefieldMore Info
312-339-2220

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.