West Loop Redevelopment Opportunity
The Details
- Two story, part one-story building totaling 27,274 square feet
- Situated in Chicago’s most exciting retail/residential hospitality area
- Walking distance to Fulton Market neighborhood and close proximity to a variety of residential, retail, office, hospitality, and entertainment venues
- Easy access to I-90, I-290, CTA Pink and Green Lines, Blue Line Station at corner
- Qualifies for affordable housing tax credit
- Land area: 29,295 square feet
- Zoning: DR-5 current - potential convert to DX-5
A two-story 27,274 square foot commercial building in the Fulton Market neighborhood is available for sale. Situated in one of Chicago’s most exciting retail/residential hospitality area, this property is on 29,295 square feet of land with an estimated buildable area of a bonus 240,000 square feet. The property benefits from a diverse array of amenities, including residential spaces, retail establishments, office complexes, hospitality services, and entertainment options. Convenient access to major transportation arteries, such as I-90, I-290, and the CTA Pink and Green Lines, with a Blue Line Station conveniently situated at the corner. Notably, the building qualifies for affordable housing tax credits, presenting a valuable opportunity for investors with a socially responsible focus. Additionally, the current DR-5 zoning status opens the door for potential conversion to DX-5, further enhancing the property's versatility and investment potential.