±45 acres of land with significant Industrial Outside Storage (IOS) potential
Across three parcels with considerable Interstate frontage
Ownership willing to divide and sell parcels separately
Ideal for industrial development and IOS with strong regional connectivity
Exceptional access to I-57 / I-70
Steady in-place income stream from Blue Beacon
Enterprise Zone eligible
Masonry and timber loft construction which showcases exposed columns and beams. Ability to expand the building up to ±6,000 SF by adding exterior walls to two lower rooftop areas. Located near the West Loop and Fulton Market District. Parking for 32 cars in an attached parking lot. Potential for abundant outdoor space & multiple roof decks. 0.3 miles from new CTA Green Line station under construction at Lake and Damen.
- Building SF: —
8 SPACES AVAILABLE
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- Asking Price: $2,900,000
- Status: Available
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- Asking Price: $2,900,000
- Status: Available
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- Asking Price: $2,900,000
- Status: Available
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- Asking Price: $2,900,000
- Status: Available
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- Asking Price: $2,900,000
- Status: Available
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- Asking Price: $2,900,000
- Status: Available
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- Asking Price: $2,900,000
- Status: Available
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- Asking Price: $2,900,000
- Status: Available
Located along the US-6 corridor in Portage, IN, approximately 45 minutes from downtown Chicago with strong regional highway access
Situated in a high-growth market with rising demand for retail, services, and housing
±1,245 feet of US-6 frontage with visibility to 20,000+ vehicles per day
Flexible site configuration supports multi-acre commercial development, including a big-box back
parcel with monument signage
Residential development potential for 21–24 single-family lots on quarter- to half-acre sites
Wooded setting with creek frontage and direct access to the Prairie Duneland Trail
Surrounded by established and planned commercial development along US-6
Retail demand reinforced by 18 major residential developments planned or under construction within 5 miles
Rare opportunity in a rapidly appreciating corridor with adaptive reuse and long-term
investment upside
18,000 SF fenced & gated lot - unprecedented for building footprint
One (1) street facing recessed loading dock & two (2) rear drive in doors
Single tenant and / or multi-tenant building
Potential for abundant outdoor space & roof decks
Curb cuts off W. Hubbard Street, N. Wolcott Avenue, and W. Ferdinand Street
Building meticulously maintained - operational Day One
Income producing asset with vacancy
Extremely functional single user or multi-tenant flex / industrial spaces
Ideal for owner / user or investment
Optionality with warehouse / office layouts
Off street parking
Steps to Lincoln Yards proposed development
0.45 miles to Clybourn Metra station
Direct access to Class II Truck Route on W. North Avenue
7,897 SF fenced & gated lot - unprecedented for building footprint
Loading Capabilities: Two (2) Drive in Doors at Grade [8' W x 9'H]; One (1) Internal Loading Dock; Open Exterior Loading Dock
Single tenant and / or multi-tenant building
Clear Height up to 15’
Curb cuts on W. Carroll Avenue in-place
Ample Skylights providing natural light
Rare opportunity in a rapidly appreciating corridor with adaptive reuse and long-term investment upside Exceptional commuter convenience with a 9.69/10 Transit Score and direct proximity to Chicago’s urban core
Prime Kinzie Corridor location; Excellent transportation access; Surrounded by major development momentum
Baum Realty Group, LLC has been exclusively retained to offer for sale 5115 N Ravenswood Avenue, a two-story commercial building situated on a 50' x 125' lot in the Ravenswood Corridor. The property presents a prime opportunity for an owner-user or investor seeking a flexible-use asset in one of Chicago’s most desirable North Side locations.
The first floor consists of 7,400 SF currently built out as office and treatment room space, while the second floor offers 3,600 SF of office space with ample natural light. The building includes a three-car garage, which can be expanded to a drive-up door to increase loading capacity and clear height.
The site’s M1-2 zoning allows for a range of commercial and light industrial uses, making it ideal opportunity to reposition the building into true flex, warehouse, or commissary kitchen space with office on the 2nd floor.
Property Highlights
- ±11,200 SF commercial building on a 50’ x 125’ lot
- Desirable Ravenswood Corridor location just off Foster Avenue, near the Clark & Foster intersection in Andersonville
- Perfect opportunity to reposition the building into true flex, warehouse, or commissary with office on the second floor
- Three-car garage can be expanded to drive-up door with increased clear height for loading access
- 8 minute walk to the Ravenswood Metra, 4 min bike / 8 min bus to the Damen Brown Line station
- PRICE REDUCTION
Well located mixed-use building with significant value-add potential
Recently gut renovated commercial space is column-free and lends itself to a multitude of potential uses
In-place B3-2 zoning allows for the conversion of two (2) additional ground floor dwelling units with the procurement of a special use permit (no zoning change needed)
Current apartment rents are below market
North Avenue location in E. Humboldt Park is in the path of progress and conveniently accessible via public transit
School building is efficiently laid out with a two-story classroom configuration alongside a full sized, high ceiling gymnasium
Gated parking lot of ±4,500 SF immediately adjacent to the building
Adjacent ±27,500 SF vacant land parcel offers optionality for parking lot expansion, playground space, or future redevelopment
Located in Chicago’s Austin neighborhood on the city’s west side, in a residential area one block north of Chicago Avenue
±2 acres of cleared development ready land available
±200 feet of frontage along Evergreen Avenue
Immediate access to I-57 / I-70
Enterprise Zone eligible, offering potential tax incentives
Strong neighboring tenant mix including Blue Beacon, Pilot Flying J, TA Travel Center, Speedco Truck Lube & Tires, Taco Bell, Dunkin’, and more
Additional ±43 acres of adjacent land also available for sale
±14,000 SF building area on a 126’ x 125’ lot
Existing SRO building with potential for multi-unit residential conversion
Includes a single-story garage and fenced playground parcel with a small parking area
Accessible to I-90/94, CTA Blue Line, and Cicero Avenue
Located within a mature residential neighborhood with a strong working-class demographic base
Zoned RS-3
36,709 SF (0.84) acre site available for sale or build-to-suit
Zoned C-3 Highway Commercial
Suitable for many commercial uses
Easy highway access to nearby I-294
Adjacent to CVS, Shell, Dollar General, and Driven Car Wash
Two-unit commercial condo ideal for owner/operators
Open floor plan with 10’ ceilings
South-facing units with abundant natural light
Walkable to two CTA Blue Line stations and located along the Armitage bus route
Free street parking in a vibrant, amenity-rich neighborhood
5,000 SF lot zoned B3-3 and ready for development
Less than ¼ mile walk to Howard Red and Purple lines
158,892 people within 2 miles of the property with an average household income of $108,034
This ±1,628 medical office condo was previously an eyecare center and is well-suited for a variety of medical, dental, or professional healthcare uses. The space features a functional layout ideal for patient care, consultations, and administrative operations. Located on Skokie’s highly trafficked Lincoln Avenue corridor. Abundance of available street parking and public lot directly across Lincoln Avenue. Ideal for an owner / user.
16,300 SF land site available for sale or ground lease
Located at the southwest corner of S. Stony Island & 76th Place in the Grand Crossings neighborhood
Across the street from Jackson Park Medical Center
Area retail includes AutoZone, Jewel-Osco, KFC and Taco Bell
C-2 Zoning
Directly across the street from the 326-acre proposed new home of the Chicago Bears. ±30,207 SF development land site available for ground lease or build to suit. Close proximity to IL-53. Across the street from Arlington Park Metra station (Union Pacific Northwest line). Area tenants include McDonald’s, Dunkin’, Orbit Skate Center, Soccer City Palatine, and more.
2.034 acres available - divisible. Outlot to Menards. Right in / right out from IL-26 and full access from Lamm Road. Nearby retail includes Walmart, US Cellular, Great Clips, Jersey Mike’s, Verizon and more
Ground lease available for new construction strip center. Option to build up to 9,150 SF building with parking. Signalized corner location at St Charles & Elizabeth. Less than 1/4 mile from the Lombard Metra Station. Nearby retail includes Walgreens and Fifth Third Bank. 9,400 VPD - St Charles Road. 1,550 VPD - Elizabeth Road
Great corner location at the northwest corner of Northwest Highway and Rohlwing Road. ±24,383 SF of land available. High traffic counts with easy access. Close proximity to Route 53. 5-minute drive to Arlington Park Metra Station. Less than 2 miles from the potential Chicago Bears stadium complex and Arlington Downs, a 32-acre mixed-use redevelopment featuring One Arlington Tower (214 units, 96% leased), Peyton Place Apartments (263 units), and First Ascent climbing wall entertainment complex (375 ropes). Proposed future plans for Arlington Downs include additional residential, a gas station, retail shops, restaurants, a brew pub, and a new 163-key, five-story hotel.
- Building SF: —
3 SPACES AVAILABLE
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- Available SF: 8,000
- Suite/Floor: Second
- Space Type: Office
- Rental Rate: Call for details
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- Available SF: 3,536
- Suite/Floor: Basement
- Space Type: Office
- Rental Rate: Call for details
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- Available SF: 3,349
- Suite/Floor: Second
- Space Type: Office
- Rental Rate: Call for details
Boutique, three-level brick and timber loft building located in Chicago’s booming North Branch. The building is currently being transformed into a Class A working environment, well-suited to accommodate the needs of a wide variety of small and mid-sized businesses.<br/><br/>The property’s central location offers immediate access to I-90/94 and is proximate to many of Chicago’s most popular neighborhoods where the city’s young talent pool resides.<br/><br/>Well-appointed building with suite sizes ranging from ±3,349 SF – ±8,000 SF. <br/><br/>Build to suit opportunities available with various configurations possible to support both office and flex industrial uses<br/><br/>New building addition - delivery 12 months after lease signing.
Rental Rate: Contact broker
OFFICE / FLEX INDUSTRIAL SPACE AVAILABLE
Build to suit office or 2nd floor industrial space with existing conditions in place
Brand new oversized passenger / freight elevator
Private, secured parking lot with parking for ±30 vehicles (gated and secured)
High ceilings and abundant natural light
Divisible to ±7,000 RSF
Potential for roof deck / outdoor terrace
Suitable for office or light manufacturing / fabrication
Eastern skyline views
Located in Enterprise Zone #5, tenants are eligible for Enterprise Zone tax incentives including sales tax exemption & investment tax credits among other benefits. Located in rapidly growing East Garfield Park, just west of Chicago’s booming Fulton Market neighborhood. Outstanding expressway and public transportation access - minutes away from CTA Green Line, Metra, and I-290.
Broker Owned Property.
2 acre site available for ground lease or build-to-suit
Located at the signalized corner of Sibley & State in South Holland
Strong traffic counts:
27,200 VPD along Sibley Boulevard
12,300 VPD along State Street
Easy access to I-94, I-57, and I-294, connecting to the broader south suburban market
Surrounded by dense residential neighborhoods with a strong daytime population driven by South Suburban College and nearby industrial employers
Private ±35 car parking lot
Shared 14’ overhead door / loading dock along with a freight elevator serving the 2nd floor
Ownership has made significant recent upgrades including new paved parking lot, new bathrooms and common area improvements
Affordable space in rapidly improving neighborhood close to downtown
Easily accessible to I-290 and Cicero Avenue
Convenient location adjacent to CTA Green Line Pulaski ‘L’ station (283K annual riders)
Broker Owned Property
- Building SF: —
9 SPACES AVAILABLE
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- Available SF: 33,454
- Suite/Floor: B4
- Space Type: Office
- Rental Rate: Negotiable
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- Available SF: 27,238
- Suite/Floor: A2
- Space Type: Office
- Rental Rate: Negotiable
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- Available SF: 19,435
- Suite/Floor: B6
- Space Type: Office
- Rental Rate: Negotiable
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- Available SF: 7,485
- Suite/Floor: Retail 2
- Space Type: Retail
- Rental Rate: Negotiable
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- Available SF: 20,874
- Suite/Floor: C5
- Space Type: Office
- Rental Rate: Negotiable
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- Available SF: 6,619
- Suite/Floor: Retail 3
- Space Type: Retail
- Rental Rate: Negotiable
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- Available SF: 7,874
- Suite/Floor: A1
- Space Type: Office
- Rental Rate: Negotiable
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- Available SF: 8,015
- Suite/Floor: Retail 1
- Space Type: Retail
- Rental Rate: Negotiable
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- Available SF: 33,454
- Suite/Floor: B5
- Space Type: Office
- Rental Rate: Negotiable
Located at the busy intersection of Diversey Avenue and Pulaski Road in Chicago’s Logan Square neighborhood sits The Fields, a historic 1.5 million sf building on an astounding 20 acres of land. The Fields is being transformed into a massive adaptive reuse development that will deliver nearly 500,000 square feet of unique loft office space, 120,000 square feet of retail/entertainment/maker space, 160,000 square feet of industrial space, 120+ residential apartments, 50,000 square feet of rooftop amenities and 700 indoor, heated parking spaces. By combining the building's original beauty with all new state-of-the-art systems, The Fields will truly be Chicago's most unique and desirable campus-type environment.
Incredibly unique, generational development opportunity in Lakeview, one of Chicago’s most affluent and desirable north side neighborhoods. 1641-1651 W. Diversey Parkway encompasses a total of 84,903 square feet of M1-2 zoned land at the southeast quadrant of W. Diversey Parkway and N. Paulina Street (the “Property”). The Property is “L” shaped, with approximately 265 feet of frontage on the south side of Diversey Parkway and 541 feet of frontage on the east side of Paulina Street. Current improvements to the Property include: (i) a part 2-story and part 3-story school building, formerly the Cardinal Bernardin Montessori Academy, estimated to contain approximately 30,000 square feet of building area, (ii) a 77-car parking lot to the south of the school building along E. Paulina Street, totaling approximately 28,000 SF, and (C) a 3-story rectory building estimated to contain approximately 9,500 square feet of building area fronting Diversey Parkway with a small 10-car parkinglot and single story garage structure in the rear. Located in Lakeview. Asking price is subject to offer.
- Building SF: —
4 SPACES AVAILABLE
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- Available SF: 6,328
- Suite/Floor: Suite 1 & 2 Combined
- Space Type: Office
- Rental Rate: Call for details
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- Available SF: 2,733
- Suite/Floor: Suite 2
- Space Type: Office
- Rental Rate: Call for details
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- Available SF: 2,610
- Suite/Floor: Suite 1
- Space Type: Office
- Rental Rate: Call for details
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- Available SF: 3,595
- Suite/Floor: Suite 3
- Space Type: Office
- Rental Rate: Call for details
Mixed-use campus environment with great tenancy, diversity, ample amenities, and picturesque Chicago River location.
This rare ecosystem sits boldly on the Chicago River with inspirational design to provide abundant daylight and a outdoor gathering spaces. Riverview provides the fundamental ingredients to well-being and productivity in an inspired urban district that helps businesses and employees thrive. Riverview is ideally located in Chicago’s Avondale neighborhood.
Broker owned property
Up to ±32,107 SF of warehouse/ showroom / manufacturing space available. Enclosed double bay loading dock. Private overhead door. Air conditioned space. 3,000 SF of office / showroom space fronting California Avenue. Amenity building with riverfront access, parking and on site café / eatery.14’ ceilings
Broker owned property
9.32 acre commercial land site
0.8 to 3.2 acre pads available for sale
0.8 acre pad: $14.50 psf
Larger pads $13.50 psf
Class-A luxury apartment building anchoring the project with 149 units, creating a captive audience for future retail
Located just 640 feet from IL-59 (Brook Forest Avenue)
Ownership will consider subdividing the parcel
Excellent traffic counts:
» 13,400 VPD along Black Road
» 28,900 VPD along IL-59 (Brook Forest Avenue)
Area retailers include ALDI, Mariano’s, The Home Depot, Portillo’s, Petco, Marshalls, Raising Cane’s, and many more
Sizable urban land site at visible intersection with high traffic counts
Adaptive reuse or ground up development opportunity
Multiple buildings and parking areas offer optionality to a user or developer
Site is potentially expandable to 58,748 SF in total
RT-4 Zoning
Price: Subject to Offer
2+ Acre Development Land Site in Chicago’s Avondale Neighborhood
- Location: 3229-3243 N. California Avenue, Avondale neighborhood, Chicago
- Property Size: Approximately 91,019 square feet (2.09 acres).
- Zoning: M1-1 and M2-2
- Frontage: Approximately 378 feet on California Ave and 125 feet on Melrose St
- Current Condition: Vacant land, no improvements.
- Development Potential: Suitable for multifamily/residential (townhomes, apartments, condos, single-family homes), retail, or industrial development.
- Deal Structures: Open to sale, Built to Suit, or Joint Venture.
- Neighborhood Context: Located among retail and multifamily properties, within a transforming neighborhood.
- Opportunity: High profile development site in a vibrant area with various development possibilities.
Three urban vacant land parcels totaling 88,672 SF can be sold together or separately offering tremendous flexibility. Properties are well suited for various types of redevelopment. Zoning contingencies will be considered. Parcels can be purchased separately. Contact Broker for Pricing.
4058 W. Melrose Street — 42,807 SF of land at the northeast corner of Melrose Street
and Karlov Avenue. The site of a former hospital and medical campus, all structures have
been demolished and the parcel is ready for redevelopment.
3240 N. Karlov Avenue — 33,220 SF of land on the west side of Karlov Avenue, running a
full city block from Melrose Street to the south to School Street to the north. The parcel is
improved with a paved and gated parking lot.
3301 N. Karlov Avenue — 12,645 SF of land at the northeast corner of Karlov Avenue and
School Street. Like the 3240 N. Karlov lot, the parcel is improved with a paved and gated
parking lot.
- Fully furnished ready-to-use office space ideal for startups, small businesses, and expanding companies
- Prime location at the Chicago / Ogden / Milwaukee intersection in Chicago’s booming West Town neighborhood
- Versatile layout with open floor plan featuring various configurations, from collaborative spaces to private offices
- Abundant natural light with large windows providing a bright and welcoming environment
- Well maintained building with secure access for peace of mind
- Easy commute for a diverse, skilled workforce from surrounding neighborhoods including the West Loop, Bucktown/Wicker Park, and River North
- Quick access to I-90/94, providing seamless connectivity to the rest of the city and suburbs
- Steps away from major public transit lines, including the CTA Chicago Blue Line ‘L’ station and multiple bus routes
- Convenient on-site parking lot and ample street parking in the area
Broker Owned Property
New construction retail available for sale or lease/build-to-suit at Constitution Trail Centre
Flexible layout options including Anchor & Jr. Anchor space and free standing single or multi-tenant buildings
Located adjacent to new Hotel and across the street from existing Home 2 Suites Hilton
100 Apartments and 38 row homes under construction, creating a captive audience all within walking distance of this opportunity
Shadow anchored by Schnucks grocery store, Pet Supplies Plus, and 14-screen AMC Theater
Area retailers include Starbucks, Moe’s Southwest Grill, Wendy’s, Subway, Anytime Fitness, and Discount Tire
Workshop 4200 is a one-of-a-kind community hub for makers, artists, and innovators of all kinds.
12-16 foot ceilings and new lighting features. Access to loading dock in a gated, secured lot
Large double door entrance that can accommodate oversized materials
On-site amenities include a coffee shop, lounge area, parking, and more
Broker-owned property
Ground lease or build-to-suit opportunity - 40,800 sf Pad
Area retail includes Jewel-Osco, Elgin Fresh Market, ALDI, Anytime Fitness, Taco Bell, Chase, 7-Eleven and Advocate Health Care
151-unit residential development approved across Summit Street
Over 16,500 VPD on Summit Street
- Building SF: 18,000
3 SPACES AVAILABLE
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- Available SF: 6,000
- Suite/Floor: 2
- Space Type: Flex
- Rental Rate: Call for details
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- Available SF: 6,000
- Suite/Floor: 1W
- Space Type: Flex
- Rental Rate: Call for details
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- Available SF: 6,000
- Suite/Floor: 1E
- Space Type: Flex
- Rental Rate: Call for details
Available: 6,000-18,000 SF (Contiguous)
Subject to Offer
Rare opportunity in a rapidly appreciating corridor with adaptive reuse and long-term
investment upside
18,000 SF fenced & gated lot - unprecedented for building footprint
One (1) street facing recessed loading dock & two (2) rear drive in doors
Single tenant and / or multi-tenant building
Potential for abundant outdoor space & roof decks
Curb cuts off W. Hubbard Street, N. Wolcott Avenue, and W. Ferdinand Street
Building meticulously maintained - operational Day One
±1,700 SF available; multi-use/creative space
Additional basement storage available
PMD-4A zoning allows a wide variety of uses including artist workspace, accessory gallery, showroom, office, retail, and design studio
High-image location with 25' of frontage along W. Fulton Street
Open layout with full kitchen and restroom
Steps from Grand & Wolcott bus stop and a 7 minute walk to the Damen & Lake CTA Green Line 'L' station
Across the street from Goose Island Taproom
Fenced and paved patio
- Building SF: —
4 SPACES AVAILABLE
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- Available SF: 701
- Suite/Floor: 2 Office
- Space Type: Flex
- Rental Rate: Call for details
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- Available SF: 1,040
- Suite/Floor: 2NE Loft
- Space Type: Flex
- Rental Rate: Call for details
-
- Available SF: 6,354
- Suite/Floor: 1W
- Space Type: Flex
- Rental Rate: Call for details
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- Available SF: 1,017
- Suite/Floor: 2W
- Space Type: Flex
- Rental Rate: Call for details
Subject to Offer
Strong national tenancy with Blue Beacon, the nation’s largest truck wash operator
45+ years of continuous Blue Beacon operation at this location
Triple net lease with zero landlord responsibilities
Annual rental increases tied to CPI
Surrounded by major national fuel, service, and logistics users
±2-acre parcel with ±200’ of frontage along Evergreen Avenue
Exceptional access to I-57 / I-70 interchange with 40,200 VPD
Enterprise Zone eligible
Additional ±43 acres of adjacent land available for sale
- Building SF: —
3 SPACES AVAILABLE
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- Available SF: 12,300
- Suite/Floor: West
- Space Type: Flex; Industrial
- Rental Rate: Call for details
-
- Available SF: 22,149
- Suite/Floor: North
- Space Type: Flex; Industrial
- Rental Rate: Call for details
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- Available SF: 12,619
- Suite/Floor: East
- Space Type: Flex; Industrial
- Rental Rate: Call for details
Available: 12,619 - 47,067 SF (will divide); all contiguous
±15,000 SF fenced, secured, and lit parking lot
Prime Kinzie Corridor location, walking distance to Goose Island Taproom and minutes to Fulton Market’s
dining, nightlife, and entertainment
Surrounded by major development momentum in Fulton Market, West Loop, River West, and the $7B “1901 Project” at the United Center
Exceptional transportation access and commuter convenience with a 9.73/10 Transit Score and direct proximity to Chicago’s urban core
16,300 SF land site available for sale or ground lease
Located at the southwest corner of S. Stony Island & 76th Place in the Grand Crossings neighborhood
Across the street from Jackson Park Medical Center
Area retail includes AutoZone, Jewel-Osco, KFC and Taco Bell
C-2 Zoning
Lease Rate: Call Brokers
Former school property in the heart of downtown Oak Park, Illinois. Totaling an estimated 35,593 SF of building area on approximately 26,000 SF of land, the property is improved with two separate but interconnected buildings with a small courtyard in the middle. The older of the two buildings is a neo-gothic style structure at the hard corner of Oak Park Avenue and Pleasant Avenue and is estimated to contain approximately 20,801 SF of building area over three stories plus a partial basement. The newer, flat-roofed structure contains two floors of building area totaling approximately 14,792 SF.
The buildings, each of which are of concrete and masonry construction type, contain typical school layouts with high ceilings and generously sized classrooms. The older building features a clear span, highclear gymnasium with a basketball court on the second floor.
The property is ideally located and well-suited for an adaptive reuse / redevelopment to multifamily residential, or as an attractive owner-user property for another educational, community/non-profit, or other commercial use.
- Building SF: —
11 SPACES AVAILABLE
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- Available SF: 1,758
- Suite/Floor: 213
- Space Type: Flex; Office
- Rental Rate: Call for details
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- Available SF: 2,605
- Suite/Floor: 212
- Space Type: Flex; Office
- Rental Rate: Call for details
-
- Available SF: 2,807
- Suite/Floor: 216
- Space Type: Flex; Office
- Rental Rate: Call for details
-
- Available SF: 2,274
- Suite/Floor: 219
- Space Type: Flex; Office
- Rental Rate: Call for details
-
- Available SF: 2,763
- Suite/Floor: 215
- Space Type: Flex; Office
- Rental Rate: Call for details
-
- Available SF: 3,724
- Suite/Floor: 209
- Space Type: Flex; Office
- Rental Rate: Call for details
-
- Available SF: 3,865
- Suite/Floor: 210
- Space Type: Flex; Office
- Rental Rate: Call for details
-
- Available SF: 1,988
- Suite/Floor: 217
- Space Type: Flex; Office
- Rental Rate: Call for details
-
- Available SF: 2,291
- Suite/Floor: 218
- Space Type: Flex; Office
- Rental Rate: Call for details
-
- Available SF: 2,238
- Suite/Floor: 211
- Space Type: Flex; Office
- Rental Rate: Call for details
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- Available SF: 3,436
- Suite/Floor: 214
- Space Type: Flex; Office
- Rental Rate: Call for details
Upscale brick & timber aesthetic with high ceilings
Suite Sizes from 1,758 RSF to 15,559 RSF
Move-in ready suites available | Custom build-out available
Suites 214-219 can be combined for up to 15,559 SF of contiguous space.
Up to 29,749 RSF Available
C3-2 Zoning
Asking rent of $19.50-$21.50 NNN with T&O's at $4.75 PSF
Two commercial spaces available for lease:
±3,225 SF — Unit 2714: Recently improved, column-free retail space with 13’ ceiling heights, large windows, and a kitchenette with two restrooms
±1,434 SF — Commercial 1F: Features large windows and a dedicated entrance
Strong traffic counts and neighborhood visibility with 22,800 VPD along W. North Avenue
Conveniently accessible just under 1 mile from both the Western and the Damen CTA Blue Line stations and 1.5 miles from I-90/94
Near grocery anchors and national retailers including Cermak Produce, Family Dollar, Burger King and near Humboldt Park
B3-2 zoning, accommodating a wide range of retail, service, medical, and office uses
Also available for sale, contact brokers for pricing details
Brick & timber building approximately 37,690 square-feet above grade, and an additional 16,097 square-feet of finished basement below grade, resting on a 19,900 square-feet site, sold AS-IS, WHERE IS.
Exposed brick, heavy timber aesthetic
Creative flex / industrial / office space with access to interior recessed loading bay and 4,000 lb freight elevator
Excellent natural light exposure
Electrical: Separately metered units with access to 1,600 amps of power
Zoning: M1-2 (Light Industrial); Outside of PMD4A
Restrooms: Separate men’s and women’s facilities
Roof Access: Opening to roof deck potential
Immediate access to multiple highways, public transit, and main corridors
Subject to Offer
Move-in ready industrial/flex space
Truck Dock Available
Ability to Add Roll-Up Door
Brand new HVAC system and fresh interior upgrades
Ideal for contractors, creatives, and light industrial users
Immediate access to Downtown, West Loop & I-90/94
Thriving Kinzie Corridor location
Baum Realty Group, LLC has been exclusively retained to market for sale 4801 W. Chicago Avenue (the “Property”), consisting of approximately 32,931.25 square feet (0.76 acres) land site, with four (4) existing single-story buildings and one (1) existing three-story building totaling approximately 25,904 square feet in Chicago’s Austin neighborhood. The Property, sold AS-IS, WHERE-IS, offers ripe potential development or redevelopment in a rapidly appreciating neighborhood.
Superb Visibility: Rare dual-thoroughfare location on the hard corner of Chicago & Cicero
Excellent transportation access; 14,500 VPD on Chicago Avenue / 26,600 VPD on Cicero Avenue
Rare rectangle corner lot located in a rapidly appreciating corridor with adaptive reuse and/ or ground-up development potential
32,931.25 SF rectangle corner lot
72,449 Buildable SF - ripe for development
B3-2 Zoning “As-of-Right” – residential permitted
Located within city, state, and federal Incentive Zones
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Long Term Absolute NNN Ground Lease • Outlot to Newly Constructed Regional Power Center • Indianapolis MSA
Rare Self-Maintaining Lease Structure – In this rare instance, Starbucks directly maintains and repairs the exterior areas including snow removal, landscaping and trash removal, providing a “hands-off” experience for passive investors. Signalized Intersection - Starbucks is located at the signalized hard corner of Dempster St. and Dodge Ave. providing exposure to over 39,400 vehicles per day. Starbucks is ideally situated at the northwest corner of the intersection which allows them to capture strong morning-side rush hour traffic. High Barriers to Entry - Evanston is a well-established community with a strong aversion to allowing new drive-thru properties. This is the only Starbucks drive-thru within 3 miles and serves a massive customer base. Evanston Township High School (2 blocks north) is the largest high school under one roof in the US with over 1.2 million square feet indoors. Affluent “North Shore” Chicago Suburb – Evanston is approximately 12 miles north of downtown Chicago and the property is 1.5 miles west of the prestigious Northwestern University. Within 3 miles there are 230,800 residents earning an average household income of $105,000. First-Class Construction with Drive-Thru - The building was fully redeveloped in 2014 with LEED certification elements, a drive-thru, and an outdoor patio. Investment Grade Credit Tenant - Starbucks is the world’s leading coffee retailer with annual revenue of more than $22 billion with an investment grade credit rating of BBB+ providing an investor with superior financial security.
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Off Market Sale • Sourced Institutional Buyer • Absolute NNN Lease with 9 Years Remaining • Signalized Hard Corner in Dense Retail Trade Area • 10 Minute Drive to University of Notre Dame
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Investment Highlights: Corporate Tenant – American Blue Ribbon operates more than 690 restaurants in the U.S. and has annual revenue of $1.3B • Below Market Rent – Bakers Square is paying under $23 PSF, which is significantly below market rent • Absolute NNN Lease – Zero landlord maintenance responsibility • Next to Orland Square Mall – The 1.23M SF regional mall is anchored by Macy’s with specialty retailers such as Apple, Coach, and Pandora • Heavy Daytime Traffic Exposure – Direct access to S. LaGrange Rd. (44,200 VPD), which is completing a $95M lane widening project • Established Retail Market – Orland Park has over 5M SF of retail space and ranks 5th in the suburban Chicagoland area in retail sales volume at $1.67B and growing • Dense Chicago MSA Location – More than 70,000 residents with an avg. household income over $94,000 and a daytime population of 54,000 within 3 miles
Value-Add Opportunity – A buyer has the ability to build approximately 2,000 sf of additional retail on the adjacent land that is included. • Recent T-Mobile Extension – Wireless Vision is one of the largest T-Mobile franchisees (500+ stores) in the country and recently exercised their second 5 Yr. extension option. • Convenient Access to I-70 – Full interchange access to I-70 (118,915 VPD) is less than 1 mile south and connects the site to downtown Kansas City, which is 11 miles west. • National Retailer Presence – National Co-Tenancy includes Walmart Neighborhood Market, U.S. Bank, CVS, Advance Auto Parts, Firestone, Domino’s Pizza, Walgreens, McDonald’s, Bank of America, Wendy’s, and more. • Experienced Liberty Tax Franchisee – The franchisee has been with Liberty Tax for 15 years and this was a relocation store for the operator in 2009. • Strong Population – More than 78,000 residents with an average household income approaching $58,000 and a daytime population of 55,000 within 3 miles.
Procured multiple offers from nationwide buyers, purchased by family office • Corporate Family Dollar lease with surface parking • Prime urban infill location for future transit-oriented development • ±27,360 SF of land adjacent to the CTA California Blue Line ‘L’ Station • Located along heavily traveled Milwaukee Avenue (12,400 VPD) with ±250 feet of frontage
Purchased by local investor • High-profile location along one of Chicago’s most notable high-street retail corridors – ±139 feet of retail frontage • Three-story, mixed-use building with 12,759 gross SF and 3,885 SF development parcel • 350 feet to the CTA Damen Blue Line ‘L’ Station
Purchased by out-of-state investor • Adjacent to Bryn Mawr CTA ‘L’ Station • Rarely available assemblage of value-add buildings • ±11,250 square foot land site; ±10,350 square foot commercial building delivered 100% vacant
Procured multiple offers from nationwide buyers, purchased by local investor in 1031 exchange • Urban infill, corner location with ±43 parking spaces • ±23,562 SF retail center is 100% leased • 7 suites with a diverse mix of complementary national, regional and local tenants • Located along heavily traveled Pulaski Road (27,430 VPD) with ±200 feet of frontage
Purchased by local investor • Urban infill location with ±55 parking spaces • ±29,764 SF retail center is 96% leased • 14 suites with a diverse mix of complementary internet resistant national, regional and local tenants • Located along heavily traveled Pulaski Road (27,430 VPD) with ±200 feet of frontage
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Record low cap rate • Sold over asking price • Procured multiple offers • Represented a local developer • Suburban downtown location with average household incomes over $140,000 within 1 mile • Brand new construction with 15 year lease term
• Purchased by local developer • Rarely available assemblage of value-add buildings in the Wicker Park / Bucktown neighborhood • ±28,832 square feet • Proximate to the CTA Damen & Division Blue Line ‘L’ Stations – 4.2M combined annual riders
Annual Rent Escalations – 1.50% annual rent increases provide solid asset appreciation. Next rent increase is 11/1/2017 • Recent Roof Repair – Roof shingles were repaired, limiting short-term maintenance expenses for an investor • Nearby National Retailers – Immediate anchors include: CVS, Kroger, Meijer, Target, Hobby Lobby, ALDI, PNC Bank, Huntington Bank, Panda Express, Walgreens, and more • Taylor Road Elementary – The school is directly across the street making it convenient for parents to drop-off and pick-up from multiple schools in one trip • Expanding Tenant – Rainbow Child Care has 120 facilities across 15 states with plans for 12 new sites in 2017 and early 2018 • Affluent Area – More than 62,000 residents with an average household income of $80,500 and 24,800 households within 3 miles
Annual Rent Escalations • Recent Roof Replacement • Excellent Interstate Access • Strong National Anchors • Expanding Tenant • Dense Student Population • Ideal Consumer Base
Highlights: • Absolute NNN • 2% Annual Increases • 30 Minutes from Downtown Chicago • Within 3 miles: 112,472 residents with an average household income of $100,633 per year • Surrounded by national retailers including Mariano’s Fresh Market (recently opened), Starbucks, McDonald’s, Wendy’s, Lou Malnati’s, and Burger King
Purchased by out-of-state investor • Rarely available mixed-use building on Clark Street in the Wrigleyville / Lakeview neighborhood • ±4,875 SF – ground floor commercial space with four (4) apartments above • 2 blocks from Wrigley Field
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Corporate Verizon – Brand new 10-year lease (firm) with Verizon Wireless. Verizon Wireless is the largest wireless service provider in the US with more than 114 million subscribers and $89.2 billion in revenue. • Relocation Store – Verizon is relocating from a highly successful inline store that has served this market for over 10 years • At or Below Market Rent – Verizon is paying a conservative rental rate compared to similar outlots at $30 psf for 4,275 SF on 1.28 acres • Strong Increases – Rent increases of 10% every 5 years through the primary and option terms • Brand New 2017 Construction - First-class construction with Verizon’s latest building prototype and branding • Major Regional Draw – Outlot to the 600,000 SF Perry Crossing lifestyle center. Surrounding retailers include Walmart Supercenter, Target, Dick’s Sporting Goods, Old Navy, Kohl’s, T.J. Maxx, JCPenney, Burlington Coat Factory, and others.
Purchased by out-of-state investor • Rarely available assemblage of value-add buildings in the Wicker Park / Bucktown neighborhood • ±25,823 square feet, delivered 100% vacant • Proximate to the CTA Damen & Division Blue Line ‘L’ Stations – 4.15M annual riders combined
High-profile location along one of Chicago’s major thoroughfares – North Ave – in vibrant Bucktown / Wicker Park • ±1,250 SF (East Condo) and ±1,200 SF (West Condo) of available ground floor retail • Ideal for a variety of retail and office users • ¼ mile to the west are the CTA #50, #56 and #72 bus routes which run along Damen, Milwaukee and North Avenues • Population of 55,000 people within a 1-mile radius with an average household income of $120,000+
Newly renovated building • Outlot to 1.23M SF Orland Square Mall • Dense suburban Chicago location with 70,000 residents and an average household income of $94,000 within 3 miles • New Blaze Pizza lease; Pearle Vision has historical occupancy of 25+ years
• Multiple offers, purchased by out-of-state investor • Rarely available boutique Chicago ‘Loop’ CBD value-add building • ±16,180 square feet, delivered 100% vacant • Within three blocks of four CTA ‘L’ Stations – 11.5M annual riders combined
Absolute NNN Ground Lease • Strong Deposits - 67% Deposit Growth Since 2012 • Investment Grade Credit of A+ by S&P • Major Chicago Intersection - 50,800 VPD • 300,000 Residents Earning $73,000 per Year within 3 miles • Anchored by Major Retailers Including Target, Home Depot, Lowe's and Jewel-Osco
• 250 feet north of the CTA Western Blue Line ‘L’ Station that had a total of ±1,700,000 passengers that connects Bucktown / Logan Square to O’Hare International Airport and the “Loop” CBD • Rarely available development parcel located in highly desirable Bucktown / Logan Square along Milwaukee Avenue • 1,000 feet from Chicago’s first elevated trail – “The 606” or “Bloomingdale Trail” • Population of 60,894 people within a 1-mile radius with an average household income of $90,000+ • ±4,000 SF development parcel (40’ x 100’) zoned B3-2 • Transit Oriented Development (TOD) eligible site – potential for 3.5 : 1 zoning density providing up to 14,000 SF
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Early US Bank lease renewal with 11+ years remaining and 3% annual increases • New Verizon Wireless lease with corporate guaranty by largest Verizon dealer in U.S. with 600+ locations • Signalized hard corner intersection with exposure to over 53,500 VPD with visible pylon signage • World’s busiest airport, O'Hare International Airport, is just 1.5 miles away
Brand New 10-Year Lease Extension • Significant Value-Add Opportunity by Leasing Vacant Space • Low Price PSF - $73.90 • Part of the 366,720 SF Crystal Lake Plaza Shopping Center - Shadow Anchored by Jewel-Osco • National Co-Tenancy Includes: Walmart, Target, Home Depot, Sam's Club, Best Buy, hh gregg, T.J. Maxx, Petco, Menards, and others • More than 125,900 Residents with an Avg. HHI of $104,000 and a Daytime Population of 86,700 within 5 Miles
New 10-Year Leases - Corporate net leases with Chipotle and MetroPCS featuring 10% increases every 5 years • Brand New Construction - Completion scheduled for Q4 2016 and will include all warranties in place, including roof and structure • Grocery-Anchored Outlot - Shadow anchored by Jewel-Osco and situated at a hard-corner signalized intersection with 45,600 VPD
Investment Highlights: Recent Lease Extension - Tutor Time Recently Extended Their Lease with Options and Rental Increases • Convenient Interstate Access - 1.5 Miles South of I-94 (82,200 VPD) • 2015 Renovation - About $100,000 Spent to Update Parking Areas, Classrooms, and Driveways • Close Proximity to Crossroads Mall - Walking Distance to the 769,000 SF Regional Mall • Minimal National Competition - KinderCare is Only National Daycare Competition • 50,000 Residents Earning $70,500 with a Daytime Population of 55,100 within 3 Miles
Represented out-of-state all cash buyer • Long term corporate ground lease • Outparcel to The Home Depot • Strong interstate visibility • “Saint Louis Bread Co.” branded location
• Multiple offers, purchased by local developer • ±14,798 square feet of land zoned C2-3 • Located between two CTA Red Line ‘L’ Stations with 2,000,000+ annual passengers • Chicago’s emerging Uptown / Edgewater neighborhood
• Multiple offers, purchased by private investors in 1031 exchange • 100% occupied with NN leases • Newer construction near Metra Station in a suburban downtown location • Directly across from Heinen’s Fine Foods grocery store
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New 10-year lease extension • 2 miles west of the “Chicago Loop” • ½ mile from the United Center, the country’s largest arena • Represented the seller, a private local investor • Local, all-cash buyer • Received multiple offers
• Multiple offers from investment funds, family offices, private investors and local developers • 100% occupied with a variety of medical tenants including a pediatrician, orthodontist and dentists • All practices have occupied the center for 20+ years • Future development site of 1 acre as out lot to Whole Foods
Received multiple offers • Represented private local investor • All cash buyer • Absolute NNN ground lease • 15+ years of primary term remaining with options and increases • Hard corner outlot to dominant regional grocer
Multiple offers received • Large deposit base of $149M • Aggressive cap rate - sold for over 98% of ask price • Ground lease with 19 years of primary term remaining
Sold above asking price • Multiple offers received • Private, East Coast buyer • Long term ground lease with below market rent • Next to Walmart anchored shopping center
• Closed all cash by a Public Non-Traded REIT • Private and exclusive listing assignment generated offers from REITs, investment funds, family offices and private investors from across the country • ±164,000 SF grocery anchored center featuring local, regional and national tenants • Jewel-Osco has been a tenant since 1973 • ±39,000 SF prime development out lot at hard corner of N. Milwaukee Avenue and W. Oakton Street • Diverse and complementary roster of daily needs, grocery, medical and service oriented tenants • Intersection of N. Milwaukee Avenue and W. Oakton Street experiences 60,100 vehicles per day • 13 miles from downtown Chicago and close proximity to Interstate 90 and Interstate 94 • Neighboring national retailers include: Costco, Dicks Sporting Goods, Walgreens, H.H. Greg, Home Depot, J.C. Penny, Kohl’s, Old Navy, Target, Walmart, among many others • More than 423,000 people within a 5-mile radius and an average household income of almost $88,000
Brand new corporate level NNN leases with rental increases • A recently renovated property thereby reducing the requirement for short term capital expenditures • All cash out-of-state buyer • Contract to close in 42 days
7-Eleven has investment grade credit (AA-) • Rarely available core Chicago CBD retail within 2 blocks of 2 'L' stops - 16.29M annual riders combined • All cash institutional buyer • Contract to close in 26 days
• Value-add opportunity in Chicago’s robust Fulton Market / West Loop submarket • Sold at Asking Price • ±22,819 SF of retail and 10 parking spaces • Adjacent to McDonald’s Global Headquarters and 3 blocks from 1K Fulton (Google) • Purchased by local investor
Below market rent • Thriving retail corridor anchored by: The Home Depot, Target, Sam's Club, and Menard's, among others • Hard corner with 33,000 VPD • Dense infill Chicago location - 155,000 people within 2 miles
15 year corporate ground lease • Generated double digit offers • Dense infill Chicago location - over 165,000 people within 2 miles • 10% rent increases every 5 years • Brand new construction with Wendy's current prototype • Nearby retailers include: Walgreens, NAPA, Hertz, White Castle, McDonald's, CVS, Dollar General, and Jiffy Lube • All cash, private local buyer
Over 57 years of term remaining • Absolute NNN ground lease - no landlord responsibilities • Represented a repeat West Coast buyer • Large lot size - over 9 acre parcel • Located near the 999,000 SF Eastland Mall and Jack Nicklaus Freeway (I-270) • Next to Kroger with other national retailers including Macy's, Sears, Wendy's, McDonald's, Chase Bank, PNC Bank, and Taco Bell, among others
• Off-market sale • Urban Chicago value-add transaction • Existing ±12,582 SF building and ±19,884 SF development parcel • Represented the buyer - a local developer • Emerging area with new retail tenants announced including Binny’s Beverage Depot and Culver’s joining Chipotle, LA Fitness, Vitamin Shoppe and Walgreens • Located in Portage Park near the Six Corners Shopping District
• Urban Chicago NNN Retail - Anchored by ALDI, Sleepy’s and Orange Theory Fitness • Sold for 97% of Asking Price • Represented the Seller - a Midwest Developer • Procured East Coast Buyer - Family Office • Generated Multiple Offers • Located in Edgewater Neighborhood - Adjacent to Loyola University & CTA “L” Red Line • Sold at Aggressive Cap Rate
• Value-add retail center and freestanding AutoZone • ±24,000 square feet • Purchased by local investor • Estimated population of over 167,000 people with a daytime population of over 159,000 within 3-miles • Strong traffic counts with N. Milwaukee Avenue exceeding 23,800 VPD and N. Harlem Avenue exceeding 22,800 VPD
• Off-market transaction • Multifamily tower in Chicago’s hottest submarket – West Loop • Purchased by out of state investor in 1031 exchange • 73 residential units, one retail space • 25 day contract to closing
Absolute NNN ground lease • Generated multiple offers • Represented the seller - a private Midwest investor • Short term remaining • Southridge retail corridor - Anchored by largest mall in WI • Over 105,000 people earning $68,000 within 3 miles
• Value-add opportunity in a strong suburban Chicago infill market • In-place income from CVS during redevelopment • Multiple offers from nationwide investors • Purchased by local developer
• Rare Lincoln Park retail portfolio • Purchased by out of state investor • ±32,000 square feet amongst four buildings on two levels • 60614 zip code ranks #1 in Illinois by total adjusted gross income
Represented International 1031 buyer • 20 years remaining • Rare rental increases in primary term • Absolute NNN • Affluent lake-front community in the Charlotte MSA • Signalized hard corner, high traffic location near Walmart and Lowe's
Record low cap rate for McDonald's sale in IL • Sold to East Coast 1031 buyer • Brand new 2015 construction •20 year lease with rent increases • Absolute NNN ground lease • Located in strong Northwest Chicago suburb
Represented West Coast buyer with International relationship • Across from Westland Center Mall - anchored by Macy's, Kohl's, and JCP • Absolute NNN • Recent lease renewal with rent increases in the option period • Corporate guarantee by Pizza Hut of America
Private West Coast 1031 buyer • 10+ offers • Strong demos - over 414,000 residents within 3 miles • 10+ years of term remaining with rent bumps and options • Experienced multi-unit franchisee • Directly across from Hawthorne Works Shopping Center (289,000 SF)
Sold at full list price • Multiple offers • Corporate lease •12+ years remaining on lease with rent increases and extension options • Absolute NNN ground lease • Represented the seller, a private investor
Represented the seller, a private investor • 13 years of term remaining • Absolute NNN • Home Depot outlot and across from Walmart • All cash transaction • Experienced operator • 2014 remodel
Adjacent to Lafayette Marketplace and close to Purdue University • Updated amenities including digital and stadium seating • Out of state buyer • Site occupancy since 1998 • Strong sales
10 year sale leaseback • Strong performing location • All cash transaction • 10 day close • 1 hour west of Tampa, FL • Near Walmart Supercenter and Publix Shopping Center • Represented private 1031 buyer
