312-334-7242
1525 W Homer St, Chicago, IL for Sale
Loft/Creative Space - FOR SALE
1/20
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1525 W Homer St
Chicago, IL 60642


OVERVIEW

CBRE, as an exclusive agent, is pleased to present the opportunity to acquire 1525 West Homer Street (“the Property”), a 25,000 SF flex/loft office building in the coveted Lincoln Park / Bucktown area. While cash flowing with two full floors of value add, the Property is 76.9% occupied with affordable rents, making it easy to keep and attract tenants. Positioned close to the highly anticipated Lincoln Yards Development, there are 11 parking spaces adjacent to the Property, plus ample street parking. Situated in a growing area with increasing demand for flexible office solutions, this Property also presents a unique opportunity for an owner/user investor to secure an asset in a thriving market. In a great location for commuters of all types, the Property sits near key intersections of Elston Avenue, Armitage Avenue, Ashland Avenue, the Clybourn Metra Station, and the I-90 Expressway.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

PMD2, Chicago

APN/PARCEL ID

14-32-119-012-0000

ASK ABOUT THIS PROPERTY

312-334-7242

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312-334-7242

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