For more information contact: Adam Schneiderman, SIOR
Office: 773-736-3600 Cell: 847-826-4467 Adam@straussrealty.com

OR David Kaplan Office: 630-294-8689 Cell: 630-294-8689 David@straussrealty.com

1026 W. Van Buren St.

Chicago, IL 60607

Status: For Sale

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.