312-228-2437
901 W Lake St, Chicago, IL for Sale
Warehouse - FOR SALE
1/1
null | Request Cap Rate

901 W Lake St
Chicago, IL 60607


HIGHLIGHTS

  • Prime Location in the Heart of Historic Fulton Market.
  • Situated Between the Activated Fulton Street Corridor and Restaurant Row.
  • Well-Educated and High-Income Demographics with Strong Spending Power.
  • Strong Multi-Housing Demand Leads to Outsized Rent Growth.
  • Close Proximity to Major Employers and Headquarters of Fortune 500 Companies.
  • Unbeatable Access: Walking Distance from Morgan Street Station, Grand Ave Station, and Metra Train Locations.

OVERVIEW

Jones Lang LaSalle Americas (Illinois), L.P. ("JLL"), on behalf of ownership, has been exclusively retained to offer for sale to qualified investors the opportunity to acquire fee simple interest in a high-profile development opportunity located at 901 West Lake Street in Chicago, Illinois (“The Property”). Located on the southwest corner of West Lake Street and North Peoria Street, 901 West Lake is positioned in the heart of Chicago’s historic Fulton Market. A former meatpacking district, Fulton Market offers an ideal live-work-play lifestyle surrounded by state-of-the-art offices, renowned restaurants, entertainment, and Fortune 500 headquarters. 901 West Lake is a 12,478 square foot land site which is currently improved with a 25,000 square foot, two story warehouse/distribution building. The Property is zoned C1-1, Neighborhood Commercial District. The Property benefits from residing in the Downtown Expansion Area, allowing for higher density mixed-use development. 901 West Lake Street’s strategic location within Fulton Market, home to McDonald’s world HQ and Google’s Midwest HQ, is positioned to capitalize on the neighborhoods continued rapid growth making it a premier high density development opportunity.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1890

UTILITIES

-

CLEAR CEILING HT

14 Ft

DOCKS

2

DRIVE INS

1

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.29

LAND SF

12,500

ZONING

C1-1

APN/PARCEL ID

17-08-432-003-0000

ASK ABOUT THIS PROPERTY

312-228-2437

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312-228-2437

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