2950-2958 N Leavitt St - Industrial LAND FOR SALE


Chicago, IL 60618- Roscoe Village13,068 SF
$1,890,000 USD
847-338-2022
2950-2958 N Leavitt St, Chicago, IL for Sale
$1,890,000 USD
Industrial LAND - FOR SALE
1/18
13,068 SF

2950-2958 N Leavitt St
Chicago, IL 60618
Roscoe Village


HIGHLIGHTS

  • Redevelopment Opportunity (4 City Lots Totaling 11,931 SF) with Multi- Story Residential adjacent & Across street
  • Ideal for Apartments, Condos, retail or industrial uses
  • Prime corner location at Leavitt St, Wellington Ave & Clybourn Ave
  • Located in Chicago’s thriving West Lakeview neighborhood

OVERVIEW

Residential Redevelopment (4 City Lots Totaling 11,931 SF) with Multi- Story Residential adjacent & Across street Ideal for Apartments, Condos, retail or industrial uses Located in Chicago’s thriving West Lakeview neighborhood, this 13,059 SF industrial/flex building sits on four city lots totaling 11,931 SF (0.27 acres) at the corner of Leavitt St, Wellington Ave, and Clybourn Ave. The M1-2 zoning allows for low-impact manufacturing, warehousing, and business park uses, while the surrounding multi-story residential developments make it an ideal redevelopment opportunity for multi-family housing. The property features 14’ clear warehouse height, a 12’ x 12’ overhead door, 1,800 amps of 240V 3-phase power, and LED lighting throughout the first floor, with fully air-conditioned space and approximately 15% office, including second-floor offices. Additional highlights include 12-car parking and a prime location in one of Chicago’s most desirable areas. With 2023 real estate taxes at $36,618.12 ($2.80 per SF), this property presents a unique opportunity for investors, developers, or owner-users looking to capitalize on West Lakeview’s strong demand for both industrial and residential space. • Ideal User Investor warehouse Opportunity OR Residential Redevelopment (4 City Lots Totaling 11,931 SF) with Multi- Story Residential adjacent & Across street • 13,059 SF industrial/flex building w/ Approximately 15% office including second floor office space (Former Ultra Metric Tool Plant) • 11,931 SF (0.27 acre) land site • 4 city lots totaling 95.45’ x 125’ • Located at the corner of Leavitt St, Wellington Ave & Clybourn Ave. • In Chicago’s Thriving West Lakeview Neighborhood • Building is 100% AC • LED lighting throughout first floor • 1,800 amps 240 volt 3-phase power • 12 car parking • 12’ x 12’ overhead door • 14’ clear in warehouse • 2023 real estate taxes payable in 2024: $36,618.12 ($2.80 per SF)

FOR SALE DETAILS

PRICE

$1,890,000 USD

PRICE/ACRE

$6,300,000/AC

PRICE/SF

$145 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Redevelopment Opportunity on 4 City Lots

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Industrial

LAND PROPOSED USE

Commercial, Multi-Family, Apartment Units, Apartment Units - Condo, Warehouse

LAND ACRES

0.3 AC

LAND SF

13,068 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

M1

APN/PARCEL ID

14-30-114-033-0000,14-30-114-034-0000,14-30-114-035-0000

ASK ABOUT THIS PROPERTY

Randy OlczykChicagoland Commercial Real EstateMore Info
847-338-2022

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Randy OlczykChicagoland Commercial Real EstateMore Info
847-338-2022

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