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1616 W Glenlake Ave

10,400 SF Flex Building Chicago, IL 60660 $1,375,000 ($132/SF)

Investment Highlights

  • Available industrial infill location in the heart of the Edgewater neighborhood of Chicago.
  • Ideal for light industrial, and "last mile" warehouse and distribution.
  • The daytime population is 31,870 showing a significant employment base.
  • Close proximity to Lake Shore Drive with excellent access to public transportation.
  • This former printing shop is also ideal for commercial or residential redevelopment.
  • There are almost 20,000 vehicles per day that pass the property along Clark St.

Executive Summary

Available industrial infill location in the heart of the Edgewater neighborhood of Chicago. Close proximity to Lake Shore Drive with excellent access to public transportation. Ideal for light industrial, and "last mile" warehouse and distribution. This former printing shop is also ideal for commercial or residential redevelopment. The daytime population is 31,870 showing a significant employment base. The median household income within 1.5 miles is $59,545 showing a strong income base. There are almost 20,000 vehicles per day that pass the property along Clark St. This is a rare opportunity for many types of businesses centrally located on the north side of the City.

Property Facts

Price $1,375,000
Price Per SF $132
Sale Type Investment or Owner User
Sale Conditions High Vacancy Property
Property Type Flex
Property Subtype
Light Distribution
  • Industrial Warehouse
  • OfficeLoft Creative Space
Building Class C
Lot Size 0.33 AC
Rentable Building Area 10,400 SF
No. Stories 1
Year Built/Renovated 1950/1960
Tenancy Single

Amenities

  • 24 Hour Access
  • Signage

Utilities

  • Lighting
  • Water
  • Sewer
Walk Score ®
Walker's Paradise (93)
Transit Score ®
Excellent Transit (71)
Bike Score ®
Biker's Paradise (90)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-06-217-036-0000
Land Assessment
$183,000
Improvements Assessment
$106,500
Total Assessment
$289,500

zoning

Zoning Code B3-2 (Community Shopping District)
B3-2 (Community Shopping District)
  • Listing ID: 30418143

  • Date on Market: 12/21/2023

  • Last Updated:

  • Address: 1616 W Glenlake Ave, Chicago, IL 60660

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