526 N Western Ave - Manufacturing FOR SALE


Chicago, IL 60612
$1,800,000 USD
630-546-0254
526 N Western Ave, Chicago, IL for Sale
$1,800,000 USD
Manufacturing - FOR SALE
1/65
null | Request Cap Rate

NEW


526 N Western Ave
Chicago, IL 60612


HIGHLIGHTS

  • Pedestrian-oriented area with consistent foot traffic.
  • Favorable C1-2 zoning allowing for Mixed Used development, restaurants and other multiple commercial uses
  • Conveniently located just two blocks from the Metra stop at Hubbard and Western.

OVERVIEW

Renovated and re-imagined in 2024, this 10,500-square-foot brick and heavy timber flex building offers a modernized and adaptable space in one of Chicago’s most vibrant neighborhoods. Positioned along the bustling and highly visible Western Avenue corridor at the nexus of West Town and the Kinzie Corridor, the property combines historic character with contemporary enhancements, creating an exceptional opportunity for owner-users or investors. The ground floor features 8,220 square feet of open warehouse space, boasting one drive-in-door: 11’2”H x 9’W, 75 feet of prime street frontage, and an abundance of natural light—perfect for seamless operations and a variety of commercial uses. Recently renovated, the second floor spans approximately 2,280 square feet and offers a blank canvas for customization, ideal for private offices or creative workspaces. With C1-2 zoning in place, the property offers significant redevelopment potential, including up to eight residential units with ground-floor commercial space. Updated in 2023 with a new TPO roof, tuckpointing, HVAC and distribution, second floor cosmetic upgrades. Situated along a major transit corridor and just steps from the Western Metra Station, the site qualifies for Transit Oriented Development (TOD), adding to its flexibility and broad appeal. Additionally, 526 N. Western Avenue offers seamless connectivity with its strategic location near downtown, major highways, and public transit options. Surrounded by thriving developments and featuring a versatile layout, this property presents a rare opportunity—whether you're looking to establish a headquarters, expand your portfolio, or pursue a transformative redevelopment project.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$171 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Distribution, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1921

UTILITIES

-

CLEAR CEILING HT

11 Ft

DOCKS

2

DRIVE INS

1

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19

LAND SF

8,276

ZONING

C1-2

APN/PARCEL ID

16-12-218-014-0000

ASK ABOUT THIS PROPERTY

Tim LorimerCompassMore Info
630-546-0254

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

Tim LorimerCompassMore Info
630-546-0254

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