Owner-User or Ground-Up Development Opportunity | West Loop / Fulton Market Redevelopment Opportunity | FOR SALE

Highlights:

• REDEVELOPMENT OPPORTUNITY READY FOR YOUR NEXT PROJECT | 48,500 SF loft building on 31,600 SF of land on a corner lot
• IDEAL LOCATION in the amenity-rich West Loop / Fulton Market neighborhood of Chicago
• VIBRANT ECONOMY in an area with corporate headquarters, hot retail, and high-income residents
• TRANSPORTATION ACCESS via outstanding connectivity with bus, train, Divvy (in front of building) and car options

Description:

Transwestern is pleased to announce the opportunity to purchase the brick-and-timber warehouse and loft at 1100 West Monroe St. in the bustling West Loop area. As the exclusive brokerage representative, Transwestern believes the 31,600-square-foot site, comprised of a 48,500 square foot building and a 12,600-square-foot parking lot, would be an ideal owner-user opportunity or serve buyers well as a ground-up development. The property has DS-3 zoning and is near the activity and success of Fulton Market. The space is also easily accessible via public transit and major highways.

The three-floor property includes one floor of flex warehouse space with three recessed docks below two floors of office space and a 2,500-square-foot lower level. For over 20 years, the property has been owner-occupied and responsibly maintained. The building should appeal to all businesses looking to entrench themselves in Chicago’s hottest real estate submarket. For ground up development purposes, the total lot size is approximately 31,600 square feet. 1100 West Monroe St. is among kitsch retail and dining locales and is ideally placed between the boisterous and growing tech industry to the north and the thriving Illinois Medical District to the south. Potential employees would have comfortable commutes thanks to nearby CTA “L” stops for the Blue and Green Line trains, the property’s proximity to the I-90/I-94 Expressway, and rare, on-site parking with 42 spots.

• Offers Due September 12, 2024
• ± 48,500 sq. ft. Loft Office Bldg.
• 42 Parking Spaces on ~12,630 sq. ft. lot (~105’ x 120’)
• 31,600 sq. ft. total site size (~263’ x 120’)
• ~1,709 feet to CTA Blue Line (Racine Stop)
• ~1,837 feet to CTA Green/Pink Line (Morgan Stop)
• DS-3 Zoning / 34th Ward (Ald. Bill Conway)

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