431 N Wolcott Ave
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431 N Wolcott Ave
28,442 SF 100% Leased Office Building Chicago, IL 60622 $2,950,000 ($104/SF)
Investment Highlights
- Located near the West Loop and Fulton Market District
- Potential for abundant outdoor space & multiple roof decks
Executive Summary
Baum Realty Group, LLC has been exclusively retained to market for sale a brick and timber creative loft office building in Chicago’s Kinzie Corridor. This property offers the potential for single or multi-tenant office use with adjacent parking lot in a rapidly appreciating neighborhood filled with creative office and industrial users.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
28,442 SF
Building Class
B
Year Built
1913
Price
$2,950,000
Price Per SF
$104
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
9,481 SF
Building FAR
1.09
Lot Size
0.60 AC
Zoning
PMD-4
Parking
33 Spaces (1.16 Spaces per 1,000 SF Leased)
Walk Score ®
Very Walkable (86)
Transit Score ®
Excellent Transit (75)
Bike Score ®
Biker's Paradise (96)
PROPERTY TAXES
| Parcel Number | 17-07-237-038-0000 | Improvements Assessment | $307,888 |
| Land Assessment | $196,515 | Total Assessment | $504,403 |
PROPERTY TAXES
Parcel Number
17-07-237-038-0000
Land Assessment
$196,515
Improvements Assessment
$307,888
Total Assessment
$504,403
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431 N Wolcott Ave
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