526 N Western AVE, Chicago, IL 60612 - MLS#12268293

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Garrett Johnson

RE/MAX Connections II

homesbygarrett@gmail.com +1(847) 337-1157

$1,650,000

Est. payment - /mo

10,500 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 10,500 sqft

Price per Sqft $157

MLS Listing ID 12268293

Year Built 1921

Annual Tax Amount $39,116

Tax Year 2023

Lot Dimensions 109.5X75.4

Property Sub-Type Industrial

Property Description

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.

Location

State IL

County Cook

Area Chi - West Town

Zoning INDUS

Interior

Cooling Central Air, Exhaust Fan

Fireplace N

Exterior

Roof Type Membrane,Rubber

Building

Dwelling Type Industrial

Level or Stories 2

Structure Type Brick,Wood

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Listed by Tim Lorimer • Compass

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Garrett Johnson

+1(847) 337-1157

Agent | License ID: 475.188206

Agent License ID: 475.188206

526 N Western AVE Chicago, IL 60612

Garrett Johnson

Key Details

Location

Interior

Exterior

Building

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