1026 W. Van Buren St.
SALE PRICE: SUBJECT TO OFFER
Strauss Realty is proud to present the opportunity to acquire a prime location in the West Loop. The 9,000 SF site offers significant development potential, supported by high-density residential projects, established zoning precedents and convenient downtown location. Just down the street from Target, the site features a historic three-story brick and heavy-timber building with approx. 25,371 SF above grade and an 8,457 SF lower level. Great location for a corporate headquarters.
Key Highlights:
- Down the street from Target
- Surrounded by DX-5 and DX-7 Zoning
- 25,371 SF above-grade building with 8,457 SF English basement
- 9,000 SF site with 50′ frontage along Van Buren
- Lot dimensions are 50’x180′
- For rezoning, DX-5 allows up to 72,900 SF and DX-7 up to 103,500 SF (Potential development area assumes zoning changes and applicable FAR bonuses; subject to City approvals and independent verification.)
- Property Tax: $93,767
- P.I.N.: 17-17-224-020-0000
- Building Type: Commercial, Development, Office
- Number of Stories: 3
- Building Square Feet: 25,370
- Site Square Feet: 9,000
- Zoning: DS-3
Property Details
Located in between Morgan Street and Racine Street, the location is highly walkable with immediate access to I-290 and Racine Blue Line, as well as close proximity to I-90/94, Fulton Market, Illinois Medical District and UIC campus.