3636 S Iron St - Light Distribution FOR SALE


Chicago, IL 60609- Bridgeport
$9,500,000 USD
888-807-8311
3636 S Iron St, Chicago, IL for Sale
$9,500,000 USD
Light Distribution - FOR SALE
1/33
null | 10.75% Cap Rate

3636 S Iron St
Chicago, IL 60609
Bridgeport


HIGHLIGHTS

  • Diversified multi-tenant profile across office, flex, commercial and industrial uses
  • Flexible leasing configurations
  • Meticulously maintained while preserving architectural character
  • Unique “watchman’s” loft apartment located on the fifth floor
  • Ample parking and great loading

OVERVIEW

DarwinPW Realty is proud to exclusively present 36Squared For Sale. Originally constructed in 1915 as part of the Central Manufacturing District, the property has a rich legacy of industrial innovation and adaptive reuse. Over the past century, the building has housed a range of notable tenants and uses, from manufacturing the world’s first cylinder head gasket to serving distribution, artistic, and commercial purposes. The property represents a rare offering, owned and maintained by the same ownership since 1979. Long-term ownership has supported ongoing capital investment and building system upgrades, resulting in a well-maintained asset with preserved architectural character. 36Squared supports a diversified multi-tenant profile across office, flex, and light industrial uses, providing investors with stable tenancy and flexible leasing configurations adaptable to market demand. 36Squared is situated in Chicago’s Bridgeport neighborhood, a historically industrial area that has evolved into a diverse, mixed-use submarket supporting creative, office, commercial, and industrial uses. The property is located in proximity to Rate Field, home of the Chicago White Sox, and benefits from continued public and private investment in the surrounding area. Bridgeport’s growing appeal to artists, small businesses, and entrepreneurial users has driven demand for authentic, flexible space. With convenient access to downtown Chicago, major expressways, and transit, the property is well-positioned to serve a broad tenant base while benefiting from continued neighborhood revitalization.

FOR SALE DETAILS

PRICE

$9,500,000 USD

PRICE/SF

$61 USD /SF

CAP RATE

10.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

36 Squared

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1915

UTILITIES

Lighting, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

18 Ft

DOCKS

5

DRIVE INS

1

PARKING SPACES

168

LAND DETAILS

LAND ACRES

1.77

LAND SF

77,101

ZONING

PMD-8

APN/PARCEL ID

17-32-300-045-0000

ASK ABOUT THIS PROPERTY

Ali NixDarwinPW RealtyMore Info
888-807-8311

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Ali NixDarwinPW RealtyMore Info
888-807-8311

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