401 N Leavitt St - Manufacturing FOR SALE


Chicago, IL 60612- West Town
$2,500,000 USD
312-572-2268
401 N Leavitt St, Chicago, IL for Sale
$2,500,000 USD
Manufacturing - FOR SALE
1/11
null | Request Cap Rate

401 N Leavitt St
Chicago, IL 60612
West Town


HIGHLIGHTS

  • Unrivaled Scale & Style
  • Creative Industrial Aesthetic
  • Optimized Loading Logistics
  • Natural Light & Skyline Views
  • Expansion & Amenity Capabilities
  • Superior Parking Ratio

OVERVIEW

Baum Realty Group, LLC is pleased to present 401 N. Leavitt Street, a premier industrial-flex asset offered near land basis and well below replacement cost. This pricing creates a compelling entry point for an owner-user to reposition the existing structure or for an investor to execute a redevelopment of unmatched scale and style within the neighborhood. Situated in Chicago’s high-growth Kinzie Corridor, this 39,491 SF brick-and timber asset presents a rare opportunity for acquisition on a prominent 39,000 SF corner lot. The property is exceptionally transit-oriented, located within a quarter mile of the CTA Damen-Lake Green Line Station, the Western Metra Station, and two major bus routes. The ground floor offers a versatile 27,191 SF footprint, featuring 9,000 SF of production/flex space, a 7,200 SF warehouse and small office with dedicated entrance, and an impressive 8,400 SF column-free barrel truss section. Efficiency is maximized via interior recessed loading dock and two exterior trailer-high loading docks, complemented by a substantial 11,809 SF surface parking lot. The 12,300 SF second floor offers 13’-15’ lofted ceilings with sweeping city views, providing a blank canvas for creative repositioning. With 145’ of high visibility wallscape exposure to 90,000 daily commuters and protective zoning in a supply-constrained market, 401 N. Leavitt is a premier asset positioned at the center of Chicago’s industrial and commercial modernization.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$64 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1947

UTILITIES

Gas - Natural, Sewer - City, Heating - Gas

CLEAR CEILING HT

18 Ft

DOCKS

2

DRIVE INS

1

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.9

LAND SF

39,204

ZONING

PMD 4A

APN/PARCEL ID

17-07-135-020-0000

ASK ABOUT THIS PROPERTY

Zach PruittBaum Realty Group, LLCMore Info
312-572-2268

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Zach PruittBaum Realty Group, LLCMore Info
312-572-2268

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