$2,600,000
$2,995,000
13.2%For more information regarding the value of a property, please contact us for a free consultation.
40,488 SqFt
SOLD DATE : 07/19/2023
Key Details
Sold Price $2,600,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 40,488 sqft
Price per Sqft $64
MLS Listing ID 10687792
Sold Date 07/19/23
Year Built 1895
Annual Tax Amount $32,353
Tax Year 2020
Lot Size 1.060 Acres
Lot Dimensions SEE SURVEY
Property Sub-Type Industrial
Property Description
457 N. Leavitt for SALE or LEASE. Located in the heart of the Kinzie Corridor just west of Chicago's vibrant West Loop and Fulton Market neighborhoods, the subject building spans 40,488 SF in a 2-story brick building. It sits on a total of 1.06 acres including a 23,000 SF surface lot, a coveted amenity in this sub-market. The property is zoned PMD 4 (A) and is in Chicago's 27th Ward (Burnett). Its location provides excellent access to transportation being 2 blocks from Western Avenue, one of Chicago's busiest thoroughfares, and within a half-mile of the new CTA Damen Green Line stop (under construction), the Western Avenue Metra stop, and multiple bus lines. The trendy West Loop and Fulton Market neighborhoods are within approximately 1 mile, as well as Interstate 290, providing easy access to downtown and the Region. The building is sprinkled, includes 1 modified freight elevator, 2 depressed docks, 2 ground-level roll-up doors and 6 dock high doors with the ability to increase that amount. The 2nd floor consists of warehouse with a small amount of office space. The property is part of the Kinzie Industrial Corridor TIF (Tax Increment Financing) District along with Enterprise Zone number 4.
Location
State IL
County Cook
Area Chi - West Town
Zoning PMD
Interior
Cooling Central Individual, Office Only, Partial
Flooring Concrete, Wood
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water to Site
Building
Level or Stories 2
Structure Type Brick, Concrete, Block, Steel Siding
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Bought with Timothy Scannell • Pearson Realty Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "