Under Contract

431 N. Wolcott Avenue Chicago, Illinois 60622

Under Contract
431 N. Wolcott Avenue is a creative single or multi-tenant loft office building located near the corner of Wolcott Ave. and Hubbard St. in the Kinzie Corridor. Surrounded by creative and manufacturing users, the property is in close proximity to Fulton Market, the West Loop, Union Park and the United Center. In addition to its great location, the building offers abundant parking by way of an included surface lot. A purchaser will have the opportunity to capitalize on unencumbered Chicago skyline views from the tiered rooftop spaces; either through the creation of outdoor terraces or potentially extending the exterior walls to enclose the two lower rooftop areas. Such an expansion could result in the addition of nearly 6,000 SF to the building’s overall footprint.
Property Highlights
  • Vintage brick and timber loft construction, featuring exposed, sandblasted columns and beams
  • Potential to expand the building by nearly 6,000 SF
  • Office spaces divisible to 2,000 SF
  • 32-car parking lot
  • Excellent location near the West Loop, United Center, and Fulton Market District
  • Surrounded by creative office and manufacturing companies
Property Specifications
Building Size + 28,442 Sq. Ft.
Available Space(s) + 28,442 Sq. Ft.
Divisibility 2,000 - 28,442 Sq. Ft.
Zoning PMD-4
2016 Taxes / Est. CAM $0.51 PSF / $2.00 PSF
Lease Rate $22 PSF MG
Sale Price $3,950,000
Property Location