401-435 N. Western Ave.
The largest redevelopment opportunity west of Ogden!
For Sale – Subject to Offer. For Lease – As-Is.
Strauss Realty presents The West Hub @ 401-435 N. Western Ave, a 274,550 Sq. Ft. concrete and timber loft building on 1.803 acres with an additional 0.3 acre surface lot. The property consists of two interconnected buildings, offering unique character and rich history.
Highlights:
- Concrete and timber loft building
- Large courtyard parking lot with additional 0.34 acre surface lot
- 14 exterior truck-level docks
- Heavy floor loads up to 200 lbs per SF
- 10′-14′ ceiling heights
- Fully sprinklered
- 3 freight elevators and 1 passenger elevator
- Favorable redevelopment incentives – Enterprise Zone 4, Kinzie Industrial TIF District, Chicago PACE program
- Zoning permits variety of redevelopment uses – industrial, office, flex
Please contact agent for more information and listings brochure.
- Min Rentable SF: 7,000
- Max Rentable SF: 151,800
- Lease Price Per Sq. Ft.: $5-8
- P.I.N.: 17-07-132-001-0000,17-07-132-002-0000
- Number of Stories: 6
- Building Square Feet: 274,550
- Site Square Feet: 78,253
- Zoning: PMD4
Property Details
Highlights:
- Strategically positioned in the Kinzie Corridor, one of Chicago’s fastest-emerging neighborhoods.
- Steps to Western Metra Station – qualifies for certain TOD incentives.
- Densely populated neighborhoods and strong Chicago workforce within 2-mile radius.
- High traffic location – 34,400 vehicles per day along Western | 18,400 vehicles per day along Grand.
The East Building, with a prime location on W. Hubbard St., boasts six stories, with floor plates of approximately 14,360 Sq.Ft.
The West Building provides maximum exposure with 300′ of frontage along N. Western Ave and 250′ of southern frontage along the elevated Metra Rail (exposure to 89,500 average daily commuters). Floor plates of around 32,500 Sq.Ft.